The State Trading Corporation of India Ltd., New Delhi v. ACIT, New Delhi

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI D BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING ) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI K.NARSIMHA CHARY JUDICIAL MEMBER ITA NOS.5009/DEL/2016 3642 & 3643/DEL/2017 ASSESSMENT YEARS : 2010-11 TO 2012-13 THE STATE TRADING CORPORATION OF INDIA LTD. JAWAHAR VYAPAR BHAWAN TOLSTOY MARG NEW DELHI-110001. PAN-AAACT0102F VS ACIT CIRCLE-25(1) NEW DELHI. APPELLANT RESPONDENT APPELLANT BY NONE RESPONDENT BY SH.M.BARNWAL SR.DR DATE OF HEARING 17.03.2021 DATE OF PRONOUNCEMENT 17.03.2021 ORDER PER G.S. PANNU VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YE ARS 2010-11 TO 2012-13 ARE DIRECTED AGAINST THE ORDERS OF LEARNED CIT(A ) NEW DELHI DATED 04.07.2016 21.03.2017 & 21.03.2017 RESPECTIVELY. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASSESSEE VIDE ITS LETTER DATED 09.03.2021 RECEIVED THROUGH EMAIL HAS REQUESTED FO R WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE A SSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT T AX VIVAD SE VISHWAS ACT 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA NOS.-5009/DEL/2016 3642 & 3643/DEL/2017 2 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF THE A SSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT APPEALS FILED BY THE ASSESSEE ARE DISMIS SED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEA RING ON 17 TH MARCH 2021. SD/- SD/- (K.NARSIMHA CHARY) (G.S . PANNU) JUDICIAL MEMBER VICE PRESID ENT * AMIT KUMAR * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI