Zebu Securities Pvt Ltd, New Delhi v. ITO WARD - 18(4), New Delhi

ITA 9603/DEL/2019 | 2006-2007
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 960320114 RSA 2019
Assessee PAN AAACZ0307N
Bench Delhi
Appeal Number ITA 9603/DEL/2019
Duration Of Justice 1 year(s) 2 month(s) 25 day(s)
Appellant Zebu Securities Pvt Ltd, New Delhi
Respondent ITO WARD - 18(4), New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 12-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted SMC
Tribunal Order Date 12-03-2021
Assessment Year 2006-2007
Appeal Filed On 17-12-2019
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI A BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING ) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI K.N.CHARY JUDICIAL MEMBER ITA NO-9603/DEL/2019 ASSESSMENT YEAR : 2006-07 ZEBU SECURITIES PVT.LTD. D-967 NEW FRIENDS COLONY NEW DELHI-110025. PAN-AAACZ0307N VS ITO WARD-18(4) NEW DELHI. APPELLANT RESPONDENT APPELLANT BY NONE RESPONDENT BY SH.M.BARNWAL SR.DR DATE OF HEARING 12.03.2021 DATE OF PRONOUNCEMENT 12.03.2021 ORDER PER G.S. PANNU VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2 006-07 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-9 NEW DELHI DATED 05.0 9.2019. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE VIDE ITS LETTER DATED 04.03.2021 RECEIVED TH ROUGH EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HER AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELA TING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020. 3. CONSIDERING THE AFORESAID SITUATION THE CAPTIONED APPEA L IS CONSIGNED TO RECORDS AND TREATED AS DISMISSED. ITA NO.-9603/DEL/2019 2 4. HOWEVER THE AFORESAID IS SUBJECT TO A CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTIONED ASSESSMENT YE AR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESTATED ACT THE APPELLANT (I.E. THE ASSESSEE) SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTITUTIO N OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER SUCH APPLICATION APPROPRIATE LY AS PER LAW. THE RESPONDENT (I.E. THE REVENUE) HAS NO OBJECTION WITH RE GARD TO THE AFORESAID CAVEAT. 5. IN VIEW OF THE AFORESAID THE APPEAL IS CONSIGNED TO REC ORD AND FOR STATISTICAL PURPOSES IS TREATED AS DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEA RING ON 12 TH MARCH 2021. SD/- SD/- (K.N.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