Finesse Traders India Pvt. Ltd., New Delhi V. ITO WARD- 9(2), New Delhi

ITA 984/DEL/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6992 (ITAT-DELHI)
• Duration Of Justice: 10 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2003-2004
• Appeal Filed On: 05-03-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL
• Section: 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO.984/DEL/2020 ASSESSMENT YEAR : 2003-04 M/S. FINESSE TRADERS INDIA PVT. LTD. N-17, GROUND FLOOR, PAL BLDG, GREEN PARK EXTEN, DELHI-110016 VS. THE INCOME TAX OFFICER, WARD-9(2), NEW DELHI-110002 (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SH. M. BARANWAL, SR. DR DATE OF HEARING : 22.01.2021 DATE OF PRONOUNCEMENT : 22.01.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2003-04 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-13, DELHI, DATED 06.01.202 0. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE DURING THE COURSE OF VIRT UAL HEARING BEFORE US. THE ASSESSEE, VIDE ITS LETTER, RECEIVED THROU GH EMAIL DATED 20.01.2021, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM AND ITA-984/DEL/2020 2 STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATIN G TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE DI RECT TAX VIVAD SE VISHWAS ACT, 2020 (IN SHORT THE ACT). 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 22 JANUARY, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI