ACIT, circle-77(1), New Delhi V. Sistema Shyam Teleservices Ltd, New Delhi

ITA 7546/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4559 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 2 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 28-11-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI K.N. CHARY, JUDICIAL MEMBER ITA NO. 7544/DEL/2018, 7545/DEL/2018, 7546/DEL/2018 ASSESSMENT YEARS: 2013-14, 2014-15, 2015-16 ACIT, CIRCLE-77(1), NEW DELHI. VS SISTEMA SHYAM TELESERVICES LTD., 334, UDYOG VIHAR, PHASE-4, GURGAON, HARYANA 122001 (PAN: AACCS1709H) (APPELLANT) (RESPONDENT) DEPARTMENT BY: SHRI M. BARNWAL, SR. DR ASSESSEE BY: MS POONAM AHUJA, CA DATE OF HEARING : 10.02.2021 DATE OF PRONOUNCEMENT : 10.02.2021 ORDER PER G.S. PANNU, VICE PRESIDENT THESE APPEALS BY THE REVENUE FOR ASSESSMENT YEARS 2 013-14, 2014-15 AND 2015-16 ARE DIRECTED AGAINST THE ORDER OF LEARN ED COMMISSIONER OF INCOME TAX(A)-41, NEW DELHI DATED 04.09.2018. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE EMAI L DATED 06.02.2021, HAS SUBMITTED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATIO N UNDER THE VIVAD SE ITA 7544, 7545,7546/DEL/2018 2 VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. IT WAS, ACCORDINGLY, PRAYED FOR WITHDRAWAL OF THE APPEALS F ILED BY THE REVENUE. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, THE APPEALS OF THE REVE NUE ARE DISMISSED AS WITHDRAWN, AS HAVING BECOME INFRUCTUOUS. 5. IN THE RESULT, THE APPEALS OF THE REVENUE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 10 TH FEBRUARY, 2021. SD/- SD/- (K.N. CHARY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR