Crescent EPC Projects and Technical Services Ltd. (Earlier known as GVK Projects and Technical Services Ltd.), Secunderabad V. ACIT, Circle- 10(2), New Delhi

ITA 9208/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3006 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 2 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2016-2017
• Appeal Filed On: 28-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH F: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA NO.9208/DEL/2019 ASSESSMENT YEAR : 2016-17 CRESCENT EPC PROJECTS AND TECHNICAL SERVICES LIMITED, 156-159, PAIGAH HOUSE, SARDAR PATEL ROAD, BEUMPET, SECUNDERABAD-500003 PAN-AAACU9200F VS. ACIT, CIRCLE-10(2), C.R. BUILDING, I.P. ESTATE, NEW DELHI-110002 (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SH. M. BARANWAL, SR. DR DATE OF HEARING : 19.02.2021 DATE OF PRONOUNCEMENT : 19.02.2021 ORDER PER R.K. PANDA, AM : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2016-17 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-4, NEW DELHI, DATED 02.09. 2019. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE DURING THE COURSE OF VIRTU AL HEARING BEFORE US. THE ASSESSEE, VIDE ITS LETTER DATED 04.02. 2021, HAS ITA-9208//DEL/2019 2 REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM AND STATED THA T THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREA RS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS S CHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRE CT 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 THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDR AWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 19 FEBRUARY, 2021. SD/- SD/- (K. NARASIMHA CHARY) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER F{X~{T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI