Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘C’, NEW DELHI BEFORE SH. ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SH. KULDIP SINGH, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCING) (Assessment Year : 2010-11) H R Polycoats Pvt. Ltd., Vs. DCIT C/o. GSK & Associates LLP Circle – 11(2), Building No.8, 1st Floor, New Delhi Rani Jhanshi Road, Motia Khan Industrial Area Jhandewalan, New Delhi – 110055 PAN : AACCH 2278 J (APPELLANT) (RESPONDENT) Assessee by Shri Anish, C.A. Revenue by Ms. Anima Baranwal, Sr. D.R. Date of hearing: 12.08.2021 Date of Pronouncement: 12.08.2021 ORDER PER ANIL CHATURVEDI, JM:
This appeal filed by the assessee is directed against the order dated 01.03.2018 of the Commissioner of Income Tax (Appeals)-4, New Delhi relating to Assessment Year 2010-11.
Before us, assessee has moved an application dated 07.08.2021 wherein the assessee has stated that it has opted for 2 Vivad Se Vishwas (VSV) 2020 and has filed the declaration (Form- 1) and undertaking (Form-2) Scheme and department had issued Form-3. The assessee, therefore, seeks to withdraw the appeal to which Revenue has no objection.
After considering the request made by the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. With these directions the appeal of the assessee is dismissed as withdrawn.
In the result, appeal of the assessee is dismissed.
Order pronounced in the open court on 12.08.2021, immediately after conclusion of the hearing of the matter in virtual mode.