ACIT, Circle-18(2), New Delhi V. Niyant Heritage Hotel Pvt. Ltd., New Delhi

ITA 766/DEL/2020

• Counselvise Citation: [2023] 100 COUNSELVISE.COM (IT) 5536 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 8 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-11-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 06-11-2023
• Assessment Year: 2010-2011
• Appeal Filed On: 10-02-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, ‘E‘ BENCH DELHI BEFORE: DR. B.R.R. KUMAR, ACCOUNTANT MEMBER & SHRI YOGESH KUMAR US, JUDICIAL MEMBER ITA No.766/Del/2020 (Assessment Year: 2010-11) The ACIT, Circle-18(2), New Delhi Vs. M/s Niyant Heritage Hotel P Ltd., 18/13, WEA, 4 th Floor, Ganga Plaza, Pusa Lane, Karol Bagh, New Delhi 110005 PAN/GIR No. AACCN 2476 Q (Appellant) .. (Respondent) Assessee by Shri Vinod Kumar Gupta, CA Revenue by Ms. Samita Singh (On Leave) Date of Hearing 07/11/2023 Date of Pronouncement 07/11/2023 O R D E R PER DR. B.R.R. KUMAR :- The present appeal has been filed by the Revenue against the order of ld. CIT(A)-37, New Delhi dated 29.11.2019. 2. We have perused the material on record and find that protective addition was made in the hands of the assessee and substantive addition has been made in the case of M/s. Ananda Heritage Hotels Pvt. Ltd., which has been duly dealt with the Ld. CIT(A) on substantive basis, hence the Ld. CIT(A) has rightly deleted the protective addition in the hands of the assessee. ITA No.766/Del/2020 M/s Niyant Heritage Hotel P Ltd. 2 3. In the result, the appeal of the Revenue is dismissed. Order pronounced in the open court on 07/11/2023. Sd/- (YOGESH KUMAR US) Sd/- (DR.B.R.R. KUMAR) JUDICIAL MEMBER ACCOUNTANT MEMBER Delhi; Dated 07/11/2023 NV Copy of the Order forwarded to : BY ORDER, (Asstt. Registrar) ITAT,Delhi 1. The Appellant 2. The Respondent. 3. The CIT(A), Delhi. 4. CIT 5. DR, ITAT, Delhi 6. Guard file. //True Copy//