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Income Tax Appellate Tribunal, DELHI BENCHES “A” : DELHI
Before: SHRI BHAVNESH SAINI & SHRI O.P. KANT
ORDER PER BHAVNESH SAINI, J.M.
Both the appeals by Revenue are directed against the different Orders of the Ld. CIT(A)-29, New Delhi, Dated 11.09.2017, for the A.Ys. 2011-2012 and 2013-2014.
2 ITA.Nos.7162 & 7163/Del./2017 M/s. Anant Overseas Pvt. Ltd., New Delhi. 2. Learned Counsel for the Assessee at the outset submitted that assessee has opted to settle the matter in Departmental appeals under VIVAD SE VISHWAS SCHEME 2020 and have filed Form Nos.1 and 2 and is awaiting for issue of Form No.3. He has, therefore, prayed that Departmental appeals may be disposed of accordingly.
The Ld. D.R. has no objection to the same.
Considering the above fact that assessee has opted to settle the matter in Departmental appeals under VIVAD SE VISHWAS SCHEME 2020, both the Departmental appeals stands disposed of in terms of issue of Form No.3 etc., in favour of the assessee. We make it clear that in case ultimately if the matter is not settled in VIVAD SE VISHWAS SCHEME 2020, the Revenue would be at liberty to make a prayer for revival of both the Departmental appeals.
In view of the above, both the Departmental appeals stands disposed of.
3 ITA.Nos.7162 & 7163/Del./2017 M/s. Anant Overseas Pvt. Ltd., New Delhi. Order pronounced in the open Court.