DCIT Circle-14(2), New Delhi V. KTV Projects Pvt Ltd, New Delhi

ITA 8251/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9447 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 16-10-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘C’, NEW DELHI Before Sh. N. K. Choudhary, Judicial Member Dr. B. R. R. Kumar, Accountant Member ITA No. 8251/Del/2019 : Asstt. Year : 2015-16 DCIT, Circle-14(2), New Delhi Vs KTV Projects Pvt. Ltd., 1002, 10 th Floor, Aggarwal Corporate Heights, Netaji Subhash Place, Pitampura, New Delhi-110034 (APPELLANT) (RESPONDENT) PAN No. AADCK3373N Assessee by : None Revenue by : Sh. Ravi Kant Choudhary, Sr. DR Date of Hearing: 01.09.2022 Date of Pronouncement: 06.09.2022 ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeal has been filed by the Revenue against the order of ld. CIT(A)-5, New Delhi dated 25.07.2019. 2. At the outset, it was brought to the notice of bench by the ld. DR that the assessee has filed application under the “Direct Tax Vivad se Vishwas Act 2020” and has already submitted Form 1 & 2 and Form 5 have been issued by the designated authority. 3. Keeping in view the exercise of option by the assessee to opt for the scheme, the appeal of the Revenue is being dismissed as infructuous. ITA No. 8251/Del/2019 KTV Projects Pvt. Ltd. 2 4. In the result, the appeal of the Revenue is dismissed. Order Pronounced in the Open Court on 06/09/2022. Sd/- Sd/- (N. K. Choudhary) (Dr. B. R. R. Kumar) Judicial Member Accountant Member Dated: 06/09/2022 *Subodh Kumar, Sr. PS* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR