ACIT, CC- 1, NEW DELHI v. AMRAPALI LEISURE VALLEY DEVELOPERS PVT. LTD., NEW DELHI

ITA 4327/DEL/2017 | 2011-2012
Pronouncement Date: 17-03-2021 | Result: Dismissed

Appeal Details

RSA Number 432720114 RSA 2017
Assessee PAN AAICA2629L
Bench Delhi
Appeal Number ITA 4327/DEL/2017
Duration Of Justice 3 year(s) 8 month(s) 17 day(s)
Appellant ACIT, CC- 1, NEW DELHI
Respondent AMRAPALI LEISURE VALLEY DEVELOPERS PVT. LTD., NEW DELHI
Appeal Type Income Tax Appeal
Pronouncement Date 17-03-2021
Appeal Filed By Department
Order Result Dismissed
Bench Allotted A
Tribunal Order Date 17-03-2021
Last Hearing Date 01-04-2020
First Hearing Date 01-04-2020
Assessment Year 2011-2012
Appeal Filed On 30-06-2017
Judgment Text
PAGE | 1 INCOME TAX APPELLATE TRIBUNAL [ DELHI BENCH A: NEW DELHI ] BEFORE SHRI AMIT SHUKLA JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI ACCOUNTANT MEMBER ITA NOS. 1948 1949 1950 & 1951/DEL/2017 (ASSESSMENT YEARS: 2011-12 2012-13 2013-14 & 2014-15) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI SILICON PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA2629L (APPELLANT ) (RESPONDENT S ) ITA NO. 3320/DEL/2017 (ASSESSMENT YEAR: 2013-14) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI DREAM VALLEY PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA9375K ITA NOS. 3322 & 3324/DEL/2017 (ASSESSMENT YEARS: 2010-11 & 2014-15) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI EDEN PARK DEVELOPERS PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAHCA6217B ITA NO. 4322/DEL/2017 (ASSESSMENT YEAR: 2013-14) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI CENTURIAN PARK PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA8350N ITA NOS. 4323 4324 4325 & 4326/DEL/2017 (ASSESSMENT YEARS: 2011-12 2012-13 2013-14 & 2014-15) PAGE | 2 A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI PRINCELY ESTATE PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA2631A ITA NOS. 4327 4329 4364 & 4367/DEL/2017 (ASSESSMENT YEARS: 2011-12 2013-14 2011-12 & 2014-15) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI LEISURE VALLEY DEVELOPERS PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA5576A ITA NO. 4330/DEL/2017 (ASSESSMENT YEAR: 2011-12) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI SMART CITY DEVELOPERS PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAICA5988Q ITA NOS. 4371 & 4372/DEL/2017 (ASSESSMENT YEARS: 2013-14 & 2014-15) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI ZODIAC DEVELOPERS PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAHCA1193M ITA NO. 4857/DEL/2017 (ASSESSMENT YEAR: 2014-15) A CIT CENTRAL CIRCLE1 NEW DELHI. VS. M/S. AMRAPALI MEDIA VISION PVT. LTD. R/O. 307 3 RD FLOOR NIPUN TOWER COMMUNITY CENTRE KARKARDOOMA DELHI 110 092. PAN: AAHCA8651P (APPELLANT ) (RESPONDENT S ) PAGE | 3 ASSESSEE BY : N O N E; REVENUE BY: SHRI SAT PAL GULATI [CIT] DR; DATE OF HEARING 1 7 /03/2021 DATE OF PRONOUNCEMENT 1 7 /03/2021 O R D E R PER BENCH : 1. THESE ARE THE BUNCH OF 20 APPEALS FILED BY THE LD. ASSESSING OFFICER AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) IN THE CASE OF AMRAPALI GROUP. 2. AT THE TIME OF HEARING NONE APPEARED ON BEHALF OF THE ASSESSEE. 3. THE LD. [CIT] DR SUBMITTED THAT THESE ARE THE 20 APPEALS RELATED TO AMRAPALI GROUP WHICH HAS GONE INTO INSOLVENCY PROCEEDINGS UNDER INSOLVENCY & BANKRUPTCY CODE 2016. 4. ON CAREFUL CONSIDERATION AND IN VIEW OF THE FACT THAT AMRAPALI GROUP IS UNDERGOING INSOLVENCY PROCEEDINGS UNDER INSOLVENCY & BANKRUPTCY CODE 2016. FURTHER IN THE LEAD COMPANY AMRAPALI SILICON PVT. LTD. THE INTERIM RESOLUTION PROFESSIONAL HAS ALREADY BEEN APPOINTED. THEREFORE ACCORDING TO SECTION 14 OF THE INSOLVENCY & BANKRUPTCY CODE 2016 NO PROCEEDINGS CAN CONTINUE AGAINST THE CORPORATE DEBTOR I.E. ASSESEE. THESE ARE ALL THE APPEALS FILED BY THE LD AO IN RESPECTIVE CASES. IN VIEW OF THIS ALL THESE 20 APPEALS FILED BY THE LD. ASSESSING OFFICER ARE DISMISSED. HOWEVER LD. AO IS AT LIBERTY TO MAKE AN APPLICATION FOR RE-INSTITUTION OF THESE APPEALS AFTER THE RESOLUTION PROCESS ENDS UNDER IBC 2016. 5. IN VIEW OF THIS WE DISMISS ALL THE 20 APPEALS CAPTIONED ABOVE WITH ABOVE DIRECTION. ORDER PRONOUNCED IN THE OPEN COURT ON 17.03.2021. SD/- SD/- ( AMIT SHUKLA ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 17.03.2021. *MEHTA* PAGE | 4 COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENTS; 3. CIT; 4. CIT (APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI DATE OF DICTATION 1 7 .03.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 1 7 .03.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 1 7 .03.2021 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 1 7 .03.2021 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 1 7 .03.2021 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 1 7 .03.2021 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 1 7 .03.2021 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 1 7 .03.2021 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER PAGE | 5