MINDA FINANCE LTD., NEW DELHI v. ITO, WARD- 16(4), NEW DELHI

ITA 7264/DEL/2017 | 2014-2015
Pronouncement Date: 09-03-2021 | Result: Dismissed

Appeal Details

RSA Number 726420114 RSA 2017
Assessee PAN AAACM8882F
Bench Delhi
Appeal Number ITA 7264/DEL/2017
Duration Of Justice 3 year(s) 3 month(s) 4 day(s)
Appellant MINDA FINANCE LTD., NEW DELHI
Respondent ITO, WARD- 16(4), NEW DELHI
Appeal Type Income Tax Appeal
Pronouncement Date 09-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted E
Tribunal Order Date 09-03-2021
Assessment Year 2014-2015
Appeal Filed On 05-12-2017
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH E : NEW DELHI) BEFORE SHRI N.K. BILLAIYA ACCOUNTANT MEMBER AND SHRI KULDIP SINGH JUDICIAL MEMBER (THROUGH VIDEO CONFERENCE) ITA NO.7264/DEL./2017 (ASSESSMENT YEAR : 2014-15) M/S. MINDA FINANCE LTD. VS. ITO WARD 16 (4) B 64/1 WAZIRPUR INDL. AREA NEW DELHI. DELHI 110 052. (PAN : AAACM8882F) (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI ANIL KUMAR ADVOCATE REVENUE BY : SHRI GAYASUDDIN ANSARI SENIOR DR DATE OF HEARING : 09.03.2021 DATE OF ORDER : 09.03.2021 O R D E R PER KULDIP SINGH JUDICIAL MEMBER : APPELLANT M/S. MINDA FINANCE LTD. (HEREINAFTER REF ERRED TO AS THE ASSESSEE) BY FILING THE PRESENT APPEAL S OUGHT TO SET ASIDE THE IMPUGNED ORDER DATED 22.09.2017 PASSED BY THE C OMMISSIONER OF INCOME-TAX (APPEALS)-28 NEW DELHI QUA THE ASSES SMENT YEAR 2014-15. 2. LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATIO N SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE ASS ESSEE HAS OPTED ITA NO.7264/DEL./2017 2 TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS F OR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWA S SCHEME 2020 AND HAS FILED NECESSARY FORMS 1 & 2 WITH THE TAX DEPARTMENT WHICH WAS ACCEPTED AND PROCESSED VIDE F ORM 3 ISSUED BY THE TAX DEPARTMENT. 3. KEEPING IN VIEW THE AFORESAID FACTS PRESENT APP EAL IS HEREBY DISMISSED WITH LIBERTY TO GET IT RESTORED BY THE AS SESSEE IN CASE DISPUTE IS NOT SETTLED AS PER SCHEME. THE REVENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. CONSEQUENTLY THE PRESENT APPEAL IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON THIS 9 TH DAY OF MARCH 2021 AFTER THE CONCLUSION OF THE VIRTUAL HEARING. SD/- SD/- (N.K. BILLAIYA) (KULDIP SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 9 TH DAY OF MARCH 2021 TS ITA NO.7264/DEL./2017 3 COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A)-28 NEW DELHI 5.CIT(ITAT) NEW DELHI. AR ITAT NEW DELHI.