MRK Capital Ltd, New Delhi v. ITO WARD - 17(2), New Delhi

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA JUDICIAL MEMBER ITA NO. 474/DEL/2020 ASSESSMENT YEAR : 2011-12 MRK CAPITAL LTD. D-13A/6 MODEL TOWN-III NEW DELHI 110009 (PAN: AACCM5144Q) VS. ITO WARD 17(2) NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. SURESH K. GUPTA CA RESPONDENT BY : SH. M. BARANWAL SR. DR. DATE OF HEARING : 25.03.2021 DATE OF PRONOUNCEMENT : 25.03.2021 ORDER PER G.S. PANNU VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-37 NEW DELHI. 2. THE ASSESSEES A.R. VIDE HIS EMAIL DATED 16.03 .2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DI SPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSI DERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020. A CERTIFICATE T O THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEAL. 2 5. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF BO TH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 25 TH MARCH 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (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