SEAVIEW DEVELOPERS PVT. LTD.,NEW DELHI vs. ADDL.CIT, RANGE-8, NEW DELHI

ITA No.5578/Del/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH “G” NEW DELHI

BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER
AND SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER

आ.अ.सं/.I.T.A No.5578/Del/2018
िनधा रणवष /Assessment Year:2011-12

Seaview Developers Pvt. Ltd.,
1102, Tower-B, 11th Floor,
Peninsula Business Park,
Senapati Bapat Road,
Lower Parel, Mumbai,
Maharashtra.
PAN No.AAJCS4143C
बनाम
Vs.
Addl. CIT,
Range-8,
New Delhi.
अपीलाथ Appellant
यथ/Respondent

Assessee by Shri K.M. Gupta, Adv.
Revenue by Shri Rajesh Mahajan, Sr. DR

सुनवाईकतारीख/ Date of hearing:
21.03.2024
उोषणाकतारीख/Pronouncement on 21.03.2025

आदेश /O R D E R
PER C.N. PRASAD, J.M.
The instant appeal, filed by the assessee, is directed against the order dated 08.03.2017 passed by the Ld. Commissioner of Income Tax (Appeals)-8, New Delhi, arising out of the assessment order dated 11/03/2014 u/s 143(3) of the Income Tax Act, 1961
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(hereinafter referred to as “the Act”), for the assessment year
2011-12. 2. Ld. Counsel for the assessee vide letter dated 21/03/2025
submitted that the assessee had opted to settle the disputes in appeal through Direct Tax Vivad se Vishwas Scheme, 2024 and accordingly Form 1 has been filed on 31/01/2025. A copy of Form 1
is placed on record. The Counsel thus, requested the Bench to keep the appeal in abeyance till Form 2 is issued by the Department.
3. Heard rival submissions, perused Form 1 filed by the assessee under DTVSVS 2024. It is observed from the said Form that the assessee opted to settle the disputes in appeal in ITA
No.5578/Del/2018 for the AY 2011-12 under DTVSVS and the same is pending for consideration by the Department. Since the assessee has opted under DTVSVS to settle the issues in appeal, this appeal is treated as withdrawn. However, in the event of the Department not accepting the application filed by the assessee under DTVSVS
2024, for any reason, the assessee is at liberty to file miscellaneous application for recall of the order of the Tribunal. With these observations this appeal is treated as withdrawn.
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