The Karnal Central Co-Operative Bank Ltd., Karnal V. ACIT, Karnal

ITA 899/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4623 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 2 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2013-2014
• Appeal Filed On: 16-02-2017
• 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 KUL BHARAT, JUDICIAL MEMBER I.T.A NO.898/DEL/2017 (ASSESSMENT YEAR 2012-13 ) I.T.A NO.899/DEL/2017 (ASSESSMENT YEAR 2013-14 ) THE KARNAL CENTRAL CO- OPERATIVE BANK, THE MALL ROAD, KARNAL PAN-AAAAT 2626A VS. ASST.CIT CIRCLE, KARNAL (APPELLANT) (RESPONDENT) APPELLANT BY NONE RESPONDENT BY SH. R.K. GUPTA, SR. DR DATE OF HEARING 30.04.2021 DATE OF PRONOUNCEMENT 30.04.2021 ORDER PER G.S.PANNU, VP: THE BOTH APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2012-13 & 2013-14 IS DIRECTED AGAINST THE ORDER OF LEARNED CI T(A), KARNAL DATED 14.12.2016. 2 ITA NO S.898 & 899 /DEL/2017 THE KARNAL CENTRAL CO-OPERATIVE BANK LTD . VS. ITO 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASSE SSEE, VIDE LETTER DATED 5 TH APRIL, 2021 HAS REQUESTED FOR WITHDRAWAL OF THE A PPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE TH E DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE BOTH APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 30 TH APRIL, 2021. SD/- SD/- (KUL BHARAT) (G.S.PANNU) JUDICIAL MEMBER VICE PRESIDENT PK/PS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI