Rohit Kochar (HUF), New Delhi V. ACIT, Circle-30(1), New Delhi

ITA 7879/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7431 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 27-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL

Judgement Text

I.T.A.NO.7879/DEL/2019 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D NEW DELHI BEFORE SHRI G.S. PANNU, HONBLE VICE PRESIDENT AND SHRI K.N. CHARY, JUDICIAL MEMBER . . /. I.T.A NO.7879/DEL/2019 / ASSESSMENT YEAR: 2014-15 ROHIT KOCHAR (HUF) 1120-1121, DLF TOWER-A, JASOLA DISTRICT CENTRE, NEW DELHI. VS. ACIT CIRCLE 30(1) NEW DELHI. PAN NO. AABHR0352P APPELLANT / RESPONDENT ASSESSEE BY NONE REVENUE BY SH. M. BARNWAL, SR. DR / DATE OF HEARING: 1 7 .03.2021 /PRONOUNCEMENT ON 1 7 .03.2021 /O R D E R PER G.S. PANNU, V.P. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE O RDER DATED 22.07.2019 PASSED BY CIT(A), NEW DELHI FOR AY 2014- 15. 2. BEFORE US, THE LD. DR APPEARED AND SUBMITTED THA T THE ASSESSEE HAS MOVED AN APPLICATION TO RESOLVE THE PENDING ISS UE THROUGH DIRECT TAX VIVAD SE VISHWAS SCHEME (VSVS) ACT, 2020 AND HAS FILED DECLARATION FORM NO. 1 & 2 AND RECEIVED FORM NO. 3 (ATTACHED HE REWITH). 3. IN VIEW OF THE AFORESAID FACTS AND AFTER CONSIDE RING THE SUBMISSIONS OF THE ASSESSEE, WE DISMISS THE APPEAL OF ASSESSEE SUBJECT TO A CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARREARS FO R THE CAPTIONED ASSESSMENT YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESAID ACT, THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TR IBUNAL FOR REINSTITUTION I.T.A.NO.7879/DEL/2019 2 OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER THE S AME. THE APPEAL OF THE ASSESSEE IS DISMISSED. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT IN PRESENCE OF L D. DR ON 17 TH DAY OF MARCH, 2021. SD/- SD/- (K.N. CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT DATED: 17.03.2021 * KAVITA ARORA, SR. P.S. COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A) / ITAT (DR)/GUARD FILE OF ITAT. BY ORDER ASSISTANT REGISTRAR, ITAT: DELHI BENCHES-DELHI