HEAT FLOWN ELECTRICALS PVT. LTD., NEW DELHI V. ITO WARD- 11(4), NEW DELHI

ITA 7971/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2803 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 1 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 01-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SMT. MADHUMITA ROY, JUDICIAL ME MBER ITA NO. 7971/DEL/2019 ASSESSMENT YEAR : 2011-12 M/S HEAT FLOWN ELECTRICALS (P) LTD., 207, ALLIED HOSUE-2, OLD ROHTAK ROAD, INDERLOK, NEW DELHI-110035 (PAN: AABCH0771R) VS INCOME TAX OFFICER, WARD 11(4), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI PRANSHU SINGHAL, CA RESPONDENT BY: SHRI M. BARANWAL, SR. DR DATE OF HEARING : 25 .11.2020 DATE OF PRONOUNCEMENT : 25.11.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-4, NEW DELHI DATED 23.08.2019 AND PERTAINS TO ASSESSMENT YEAR 2011- 12. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETT ER DATED 28.10.2020, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING T O THE TAX ARREARS FOR THE ITA 7971/D/2019 2 ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVA D SE VISHWAS ACT, 2020 (IN SHORT THE ACT'). 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 25 TH NOVEMBER, 2020. SD/- SD/- (MADHUMITA ROY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRESIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR