Coast To Coast Designs Pvt Ltd, New Delhi V. ACIT Circle-6(1), New Delhi

ITA 8801/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 5855 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 12-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘B’ : NEW DELHI) SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER and SHRI YOGESH KUMAR US, JUDICIAL MEMBER ITA No.8801/Del./2019 (ASSESSMENT YEAR : 2011-12) Coast To Coast Designs Pvt. Ltd., vs. ACIT, Circle 6 (1), 303-304, Aditya Chamber, D-Block, New Delhi. Central Market, Prashant Vihar, New Delhi – 110 085. (PAN : AADCC2313C) (APPELLANT) (RESPONDENT) ASSESSEE BY : None REVENUE BY : Md. Gayasuddin Ansari, Sr. DR Date of Hearing : 19.07.2022 Date of Order : 19.07.2022 ORDER PER SHAMIM YAHYA, ACCOUNTANT MEMBER : This appeal by the assessee is directed against the order of the ld. CIT (Appeals)-16, New Delhi dated 24.09.2019 for the assessment year 2011-12. 2. None present on behalf of the assessee. However, an application dated 25.05.2022 has been filed by the assessee seeking withdrawal of the appeal on the ground that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020” and has filed necessary ITA No.8801/Del./2019 2 Forms 1 & 2 with the Tax Department, which was accepted and processed vide Form 3 issued by the Tax Department. 3. Keeping in view the aforesaid facts, present appeal is hereby dismissed with liberty to get it restored by the assessee in case dispute is not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the present appeal is dismissed. Order pronounced in the open court on this 19 th day of July, 2022 after the conclusion of the hearing. Sd/- sd/- (YOGESH KUMAR US) (SHAMIM YAHYA) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated the 19 th day of July, 2022 TS Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.CIT (A)-16, New Delhi. 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.