DCIT, Central Circle, Karnal V. Hanuman Parshad Kedia, Bhiwani

ITA 7728/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3136 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-11-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 26-12-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI AMIT SHUKLA, JUDICIAL ME MBER ITA NO. 7728 /DEL/2017 ASSESSMENT YEAR 2014-15 DCIT, CENTRAL CIRCLE, SECTOR-12, KARNAL. VS SHRI HANUMAN PARSHAD KEDIA, WARD NO. 2, SIWANI MANDI, BHIWANI, HARYANA (PAN: ADEPP0503A) (APPELLANT) (RESPONDENT) C.O. NO. 32/DEL/2018 (IN ITA NO. 7728 /DEL/2017) ASSESSMENT YEAR 2014-15 SHRI HANUMAN PARSHAD KEDIA, WARD NO. 2, SIWANI MANDI, BHIWANI, HARYANA (PAN: ADEPP0503A) VS DCIT, CENTRAL CIRCLE, SECTOR-12, KARNAL. (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI V. RAJA KUMAR, ADVO CATE DEPARTMENT BY: SHRI M. BARNWAL, SR. DR DATE OF HEARING : 16.11.2020 DATE OF PRONOUNCEMENT : 16.11.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THE CAPTIONED APPEAL BY THE REVENUE AND CROSS- OBJE CTION BY THE ASSESSEE ARISE FROM AN ORDER OF LEARNED CIT(A)-3, GURGAON D ATED 31.10.2017 AND PERTAIN TO ASSESSMENT YEAR 2014-15. ITA 7728 & CO 32 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE EMAIL DATED 29TH OCTOBER, 2020 AND LETTER DATED 05.11.2020 HAS STATED THAT THE ASS ESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. ACCORDING LY, THE CAPTIONED PROCEEDINGS ARE LIABLE TO BE DISPOSED OF. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEE AND DISMISS THE CROSS OBJECTION OF THE ASSESSEE AS WITHDRAWN; AND, CONSEQUENTLY, THE APPEAL OF THE REVENUE ALSO BECOMES INFRUCTUOUS AND IS DISMIS SED. 5. IN THE RESULT, FOR STATISTICAL PURPOSES, THE AP PEAL OF THE REVENUE AS WELL AS CROSS- OBJECTION OF THE ASSESSEE STAND DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 16 TH NOVEMBER, 2020. SD/- SD/- (AMIT SHUKLA) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRESIDENT GS ITA 7728 & CO 32 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR