Templeton Stockgrowth Private Limited, New Delhi V. ACIT, ADL/JCIT Special Range 9, New Delhi

ITA 9552/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6350 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 1 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2016-2017
• Appeal Filed On: 13-12-2019
• 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 MAHAVIR PRASAD , JUDICIAL MEMBER ITA NO. 9552/DEL/2019 ASSESSMENT YEAR : 2016-17 M/S TEMPLETON STOCKGROWTH PVT.. LTD., D-248, OFFICE NO. 103, 1 FLOOR, ABHISHEK BUSINESS CENTRE, GALI NO. 10, LAXMI NAGAR, NEW DELHI 92 (PAN: AADCC3617P) VS. ACIT-ADL/JCIT, SPECIAL RANGE-9, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SH. M. BARANWAL, SR. DR. DATE OF HEARING : 27.01.2021 DATE OF PRONOUNCEMENT : 27.01.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2016-17 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-9, NEW D ELHI. 2 2. NONE APPEARED ON BEHALF OF THE ASSESSEE BEFORE US AT THE TIME OF VIRTUAL HEARING. HOWEVER, THE ASSESSEE VIDE ITS LE TTER DATED 23.1.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE R ELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER T HE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTI ON 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 TH E ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISM ISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUA L HEARING ON 27 JANUARY, 2021. SD/- SD/- ( MAHAVIR PRASAD ) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR