GREAT EASTERN ENERGY CORPORATION LTD., GURGAON v. ACIT, CIRCLE- 10(2), NEW DELHI

ITA 2579/DEL/2018 | 2014-2015
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 257920114 RSA 2018
Assessee PAN AAACG3345F
Bench Delhi
Appeal Number ITA 2579/DEL/2018
Duration Of Justice 2 year(s) 10 month(s) 29 day(s)
Appellant GREAT EASTERN ENERGY CORPORATION LTD., GURGAON
Respondent ACIT, CIRCLE- 10(2), NEW DELHI
Appeal Type Income Tax Appeal
Pronouncement Date 12-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted C
Tribunal Order Date 12-03-2021
Assessment Year 2014-2015
Appeal Filed On 13-04-2018
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI K. NARASIMHA CHARY JUDICIAL MEMBER ITA NO. 2305/DEL/2018 ASSESSMENT YEAR : 2014-15 ACIT CIRCLE-11(1) NEW DELHI VS. M/S GREAT EASTERN ENERGY CORPORATION LTD. SIGNTURE TOWERS-A 14 FLOOR SOUTH CITY-1 GURGAON HARYANA - 122001 (PAN: AAACG3345F) (APPELLANT) (RESPONDENT) ITA NO. 2579/DEL/2018 ASSESSMENT YEAR : 2014-15 M/S GREAT EASTERN ENERGY CORPORATION LTD. SIGNTURE TOWERS-A 14 FLOOR SOUTH CITY-1 GURGAON HARYANA - 122001 (PAN: AAACG3345F) VS. ACIT CIRCLE-10(2) C.R. BUILDING NEW DELHI -2 (APPELLANT) (RESPONDENT) 2 DEPARTMENT BY : SH. M. BARANWAL SR. DR. ASSESSEE BY : MS. SHUBANGI ARORA A.R. DATE OF HEARING : 12.03.2021 DATE OF PRONOUNCEMENT : 12.03.2021 ORDER PER G.S. PANNU VP : THESE ARE CROSS APPEALS FILED BY THE REVENUE AS WEL L AS ASSESSEE FOR THE ASSESSMENT YEAR 2014-15 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-4 NEW DELHI. 2. IN REVENUES APPEAL THE LEARNED AUTHORISED REPRESEN TATIVE FOR THE ASSESSEE VIDE EMAIL DATED 12 FEBRUARY 2021 HAS INTIMATED THE RECEIPT OF FORM 3 UNDER THE PROVISIONS OF SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 AND REQUESTED FOR DISMISSAL OF THE REV ENUES APPEAL AND IN ASSESSEES APPEAL THE LEARNED AUTHORISED SIGNATO RY FOR THE ASSESSEE VIDE LETTER DATED 11.02.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT ASSESSEE HA S OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD S E VISHWAS ACT 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 3 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF TH E ASSESSEES A.R. FOR DISMISSAL OF THE REVENUES APPEAL AND ALSO ACCEP T THE REQUEST FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE. 5. IN THE RESULT THE APPEAL FILED BY THE REVENUE IS DISMISSED HAVING BECOME INFRUCTUOUS AND ASSESSEES APPEAL IS DISM ISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF B OTH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 12 MARCH 2021. SD/- SD/- ( K. NARASIMHA CHARY ) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR ITAT ASSISTANT REGISTRAR 4