V.A.M. Resorts and Hotels Pvt. Ltd., Meerut V. Pr. CIT, Meerut

MA 727/DEL/2018

AI Insights

The case involves VAM Resorts and Hotels Pvt. Ltd., which filed a Miscellaneous Application (MA No.727/DEL/2018) with the Income Tax Appellate Tribunal, Delhi. The application arose from a previous ITAT order dated 28.08.2018 concerning the Assessment Year 2009-10. The primary legal contention in the MA was not detailed in the document, but it was noted that the ITAT had previously decided the issue against the Revenue. During the hearing on 18.08.2023, the counsel for the applicant, upon clarification of the applicant's status under liquidation and the lack of any existing prejudice, voluntarily withdrew the application. Consequently, the ITAT dismissed the application as withdrawn without further proceedings.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 121710 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 8 month(s) 22 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 17-08-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 17-08-2023
• Assessment Year: 2009-2010
• Appeal Filed On: 26-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SARTHAK BHANDARI
• Keywords: Liquidation

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” DELHI BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER MA No.727/DEL/2018 (Arising out of ITA No.3091/DEL/2016) Assessment Year 2009-10 VAM Resorts and Hotels Pvt. Ltd., C/o Mehra & Co., CAs, 7, Rajeshwari Palace, Near Commissioner Residence Civil Lines Meerut. vs. Pr.CIT, Meerut TAN/PAN: AAKTS5724K (Appellant) (Respondent) Appellant by: Shri Sarthak Bhandari, Adv. Respondent by: Shri Vivek Vardhan, Sr.DR Date of hearing: 18 08 2023 Date of pronouncement: 18 08 2023 O R D E R PER PRADIP KUMAR KEDIA - A.M.: The captioned Misc. Application has been filed at the instance of the assessee arising from the order of the Tribunal dated 28.08.2018 for Assessment Year 2009-10. 2. At the outset, on being asked by the Bench to understand the locus standi of the assessee under liquidation, the ld. counsel submitted that although the MA has been filed by the assessee against the order of ITAT, the ITAT has decided the issue involved against the Revenue and no prejudice subsists against the assessee. 3. Under the circumstances, the ld. counsel readily volunteered to M.A. No.727 /DEL/2018 2 withdraw the Misc. Application. In the light of the assertions made on behalf of the assessee in the open court, the misc. application is dismissed as withdrawn. Order was pronounced in the open Court on 18 th August, 2023. Sd/- Sd/- [KUL BHARAT] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 18 th August, 2023 Prabhat