Eicher Motors Ltd, New Delhi V. ITO, New Delhi

ITA 792/DEL/2013

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3129 (ITAT-DELHI)
• Duration Of Justice: 7 year(s) 9 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 18-07-2017
• Assessment Year: 2007-2008
• Appeal Filed On: 07-02-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI AMIT SHUKLA, JUDICIAL MEMBE R ITA NO. 792/DEL/2013 ASSESSMENT YEAR 2007-08 EICHER MOTORS LIMITED (ERSTWHILE EICHER GOODEARTH INVESTMENTS LTD.), 3 RD FLOOR, SELECT CITY WALK, A-3, DISTRICT CENTRE, SAKET, NEW DELHI-110017 (PAN: AAACE0052D) VS INCOME TAX OFFICER, WARD 11(1), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI DEEPESH JAIN, CA RESPONDENT BY: SHRI UMESH TAKYAR, SR. DR DATE OF HEARING : 17.11.2020 DATE OF PRONOUNCEMENT : 17.11.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)-V, NEW DELHI DATED 08.01.2013 AND PERTAINS TO ASSESSMENT YEAR 2007-08. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS L ETTER DATED 17 TH NOVEMBER, 2020, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL F ILED BY HIM AND STATED THAT ITA 792/D/2013 2 THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS ACT, 2020 (IN SHORT THE ACT ). 3. CONSIDERING THE AFORESAID SITUATION, THE CAPTION ED APPEAL IS CONSIGNED TO RECORDS AND TREATED AS DISMISSED. 4. HOWEVER, THE AFORESAID IS SUBJECT TO A CAVEAT TH AT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTIONED ASSESSMEN T YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESTATED ACT, THE APPEL LANT (I.E., THE ASSESSEE) SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTITUTI ON OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER SUCH APPLICATION APPROPRIAT ELY AS PER LAW. THE RESPONDENT (I.E., THE REVENUE) HAS NO OBJECTION WIT H REGARD TO THE AFORESAID CAVEAT. 5. IN VIEW OF THE AFORESAID, THE APPEAL IS CONSIGNE D TO RECORD AND, FOR STATISTICAL PURPOSES, IS TREATED AS DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 17 TH NOVEMBER, 2020. SD/- SD/- (AMIT SHUKLA) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRESIDE NT GS ITA 792/D/2013 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR