Jakhotia Polymers Pvt. Ltd., Telangana V. ACIT, CC-26, New Delhi

ITA 966/DEL/2021

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 7571 (ITAT-DELHI)
• Duration Of Justice: 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2010-2011
• Appeal Filed On: 12-08-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R K GUPTA SENIOR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE MR. JUSTICE P.P. BHATT, HONBLE BEFORE MR. JUSTICE P.P. BHATT, HONBLE BEFORE MR. JUSTICE P.P. BHATT, HONBLE BEFORE MR. JUSTICE P.P. BHATT, HONBLE PRESIDENT AN D PRESIDENT AND PRESIDENT AND PRESIDENT AND SHR SHR SHR SHRI G.S. PANNU, HONBLE VICE PRESIDENT I G.S. PANNU, HONBLE VICE PRESIDENT I G.S. PANNU, HONBLE VICE PRESIDENT I G.S. PANNU, HONBLE VICE PRESIDENT ITA NO ITA NO ITA NO ITA NO . .. . 966 966 966 966 /DEL/20 /DEL/20 /DEL/20 /DEL/20 21 2121 21 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : 2 : 2: 2 : 2 0 00 0 1 11 1 0 00 0 - -- - 11 1111 11 M/S JAKHOTIA PO M/S JAKHOTIA PO M/S JAKHOTIA PO M/S JAKHOTIA PO LYMERS LYMERS LYMERS LYMERS PVT.LTD., PVT.LTD., PVT.LTD., PVT.LTD., 3 33 3- -- -6, 323, BASHEERBAGH, 6, 323, BASHEERBAGH, 6, 323, BASHEERBAGH, 6, 323, BASHEERBAGH, HYDERABAD, HYDERABAD, HYDERABAD, HYDERABAD, ANDHRA PRADESH ANDHRA PRADESH ANDHRA PRADESH ANDHRA PRADESH- -- -500029, 500029, 500029, 500029, TELANGANA. TELANGANA. TELANGANA. TELANGANA. PAN : AABCJ6660P. PAN : AABCJ6660P. PAN : AABCJ6660P. PAN : AABCJ6660P. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -26, 26, 26, 26, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI AJAY WADHWA, ADVOC ATE. RESPONDENT BY : SHRI R.K. GUPTA , SENIOR DR. DATE OF HEARING : 27.08 27.08 27.08 27.08.2021 .2021 .2021 .2021 DATE OF PRONOUNCEMENT : 27.08 27.08 27.08 27.08.2021 .2021 .2021 .2021 ORDER ORDER ORDER ORDER THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2010-11 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-29, NE W DELHI DATED 11 TH JUNE, 2021. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 24 TH AUGUST, 2021 HAS REQUESTED FOR WITHDRAWAL OF THE AP PEAL FILED BY THE ASSESSEE AND STATED 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. A CERTIFI CATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT, 2020 HAS ALSO BEEN FILED. ITA-966/DEL/2021 2 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 APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 27 TH AUGUST, 2021. SD/- SD/- ( (( ( G.S. PANNU G.S. PANNU G.S. PANNU G.S. PANNU ) )) ) (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT ) )) ) VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR