Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH, ‘E’: NEW DELHI
Before: SHRI SHAMIM YAHYA & Ms. ASTHA CHANDRA
ORDER PER SHAMIM YAHYA, AM,
This appeal by the assessee is directed against the order of ld. CIT (Appeals)-36, New Delhi, dated 18.10.2019 and pertains to Assessment Year 2015-16.
At the outset, in this case, the ld. Counsel for the assessee submitted that this appeal is consequential to the order passed u/s 263 by the Ld. CIT(A). The assessee had filed appeal before the Tribunal in and the Tribunal vide order dated 22.06.2021 has quashed the proceedings u/s 263 of the Act. In this view of the matter, the ld. Counsel for the assessee submitted that the consequential order did not survive.
The Ld. DR could not be disputed the above proposition.
Accordingly, the order of the Ld. CIT(A) is liable to be set-aside and the issue decide in favour of the assessee and the same is accordingly done.
In the result, this appeal of the assessee stands allowed.
Order pronounced in the open court on 05th April, 2023.