Indu Rani Punj, New Delhi V. ACIT, Circle-53(1), New Delhi

ITA 7916/DEL/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 5850 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 12-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SUBODH GUPTA
• Section: 22; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C” NEW DELHI (Convened through Virtual Court) BEFORE SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER AND SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER आयकर अपील सं./I. T. A. No. 7916/ Del / 2018 ( िनधा榁रण िनधा榁रणिनधा榁रण िनधा榁रण वष榁 वष榁वष榁 वष榁 / As s e ss me nt Ye ar : 2015- 16) Ind u Ra n i P un j 10, P ri t h vi R aj R oa d, N e w D e l hi-1 1 0 01 1 बनाम बनामबनाम बनाम/ V s . A CIT Ci r c l e - 5 3 (1) N ew D el hi 瀡थायी लेखा सं./जीआइआर सं./P A N / G IR N o . : A A J P P5 7 1 1 C (अपीलाथ牸 /Appellant) . . (灹瀄यथ牸 / Respondent) अपीलाथ牸 ओर से /Appellant by : Shri Subodh Gupta, CA 灹瀄यथ牸 क琉 ओर से / Respondent by : Shri T. Kipgen, CIT DR सुनवाई क琉 तारीख / D a te o f H e a r i ng 21/12/2021 घोषणा क琉 तारीख /D a t e o f P r o n o u nc e me n t 22 /12/2021 आदेश/O R D E R PER PRADIP KUMAR KEDIA, AM: T he c a p t i on e d a pp e al h as b ee n fi l e d a t t he i ns t a n c e o f t he a s s es s e e a ga in s t t he or de r o f th e Co m mi s s i on e r o f In c o m e T a x (A p pe a l s ) -1 8, N e w D el hi ( ‘C I T (A ) ’ i n s ho r t ) , da t e d 1 5. 10 . 20 1 8 a ri s i n g in t he as s e s s me nt or d e r d a t ed 2 8. 12. 2 01 7 p as s e d by t h e A s s es s i ng O ffi c e r ( A O ) un de r s . 143 (3 ) o f t h e In c om e Ta x A c t , 19 61 (t he A ct ) c on c er n i n g A Y 2 015 - 16 . 2. T he c a pt io n e d a s s e s s ee ha s s o u gh t t o w it hd r aw t he a pp e a l l i st e d a b o v e o n th e gro u n d th a t a s s es s e e h a s op t e d t o a v a i l b e n e fi t s o f ‘V i va d s e V i s h w as S c he me, 2 02 0 ’ (V S V ). A s p er l et t er da t ed 19 . 0 1. 2 02 1 fi l e d b y as s e s s ee , i t i s s ub m it t ed t ha t a s s e ss e e d oe s n o t s e ek t o pu rs u e t h e s a id ap p e a l o w i ng t o e x e rc is e o f o p ti on for a va il i n g V S V S c he me a n d c o n se q u e nt l y r e q u e st e d t h a t as s e s s e e’ s a pp l i ca t i on fo r w i t h dra w a l o f ap p e a l m a y pl ea s e b e g r a nt e d. 3. T he l d. D e pa r t me n t al R e p r es e n t a t i ve fo r t he R e v enu e s t a t e d t ha t h e h as no ob j ec t i o n t o w it h d r a w t h e a pp e al s i n t h e c ir cu ms t a n c e s na rr a te d o n be h al f o f t h e a s s ess e e. 4. In t he l ig h t o f w r it t en r eq ue s ts ma de o n be ha l f o f t he c ap ti on e d p a rt y, t h e a p p e a l is di s mi s s ed a s w i t hd r aw n. H ow e ve r, in t he e ve nt , t h e a s s es s e e fa i l s to a v a il t h e ben e f it o f V S V Sc he me for a ny bo na fi d e r e a s o n s, th en t he a s s es s e e c on c e r n e d wi l l be a t l i b er ty t o s ee k re s to r a t i on o f or ig i n a l a ppe a l for h ea r i n g b e fo r e IT A T i n a cc or da n ce w it h l a w . 5. In th e re s ul t , t he ca pt i on e d a pp e al i s d i s m is s e d a s w i t hdr a w n. Sd/- Sd/- (C.N. PRASA D) (PRADI P KUMA R KEDI A) JUDI CI AL M EMBER ACCOUN TANT M EM BER Dated:22/12/2021 *Neha* This Order pronounced on 22/12/2021 Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI Date of dictation 22.12.2021 Date on which the typed draft is placed before the dictating Member 22.12.2021 Date on which the typed draft is placed before the Other Member 22.12.2021 Date on which the approved draft comes to the Sr. PS/PS 22.12.2021 Date on which the fair order is placed before the Dictating Member for pronouncement 22.12.2021 Date on which the fair order comes back to the Sr. PS/PS 22.12.2021 Date on which the final order is uploaded on the website of ITAT 22.12.2021 Date on which the file goes to the Bench Clerk Date on which the file goes to the Head Clerk