Flovel Energy Pvt Ltd, New Delhi V. ACIT Circle-9(1), New Delhi

ITA 7750/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3133 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 23-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA NO.6486/DEL/2019 ASSESSMENT YEAR : 2014-15 M/S FLOVEL ENERGY PVT LTD. C/O- M/S RRA TAXINDIA, D-28, SOUTH EXTENSION, PART-I, NEW DELHI-110049, PAN-AABCF0582E VS. ACIT, CIRCLE-9(1), NEW DELHI (APPELLANT) (RESPONDENT) ITA NOS.7750 & 7751/DEL/2019 ASSESSMENT YEARS : 2012-13 & 2013-14 M/S FLOVEL ENERGY PVT LTD. C/O- M/S RRA TAXINDIA, D-28, SOUTH EXTENSION, PART-I, NEW DELHI-110049, PAN-AABCF0582E VS. ACIT, CIRCLE-9(1), NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. TARUN KUMAR, ADVOCATE RESPONDENT BY : SH. M. BARANWAL, SR. DR ITA NOS.-6486, 7750 & 7751/DEL/2019 2 DATE OF HEARING : 03.03.2021 DATE OF PRONOUNCEMENT : 03.03.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2012-13 TO 2014-15 ARE DIRECTED AGAINST THE ORDERS OF LEARNED CIT(A)-34, NEW DELHI, DATED 27.06.2019 AND 19.08.2019 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 1 5.02.2021, HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED T HAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREA RS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCH EME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DI RECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITH DRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOTH THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 03 MARCH, 2021. SD/- SD/- (KUL BHARAT) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T ITA NOS.-6486, 7750 & 7751/DEL/2019 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI