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[Cites 1, Cited by 1]

Income Tax Appellate Tribunal - Delhi

Rec Ltd (Formerly Known As Rural ... vs Dcit Circle-1, Ltu, New Delhi on 19 February, 2021

              IN THE INCOME TAX APPELLATE TRIBUNAL
                     DELHI BENCH 'F': NEW DELHI
                     (Through Video Conferencing)


       BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND
                 SHRI K.N. CHARY, JUDICIAL MEMBER
                           ITA No.6270/Del/2019
                         Assessment Year : 2014-15
                           ITA No.6543/Del/2019
                         Assessment Year : 2016-17


M/s REC Limited (Formerly known as        Vs    Deputy Commissioner of
Rural Electrification Corporation Ltd),    .    Income Tax, Circle-1, LTU,
Core IV, Scope Complex, 7 Lodhi                 New Delhi
Road, New Delhi-110003
PAN-AAACR4512R
(Appellant)                                         (Respondent)


                           ITA No.6542/Del/2019
                         Assessment Year : 2015-16

M/s REC Limited (Formerly known as        Vs    Assistant Commissioner of
Rural Electrification Corporation Ltd),    .    Income Tax, Circle-1, LTU,
Core IV, Scope Complex, 7 Lodhi                 New Delhi
Road, New Delhi-110003
PAN-AAACR4512R
(Appellant)                                         (Respondent)


          Appellant by         :   None
          Respondent by        :   Shri. M. Baranwal, Sr. DR


   Date of hearing             :   19.02.2021
   Date of pronouncement       :   19.02.2021
                                           2             ITA Nos.6270, 6542 & 6543 /Del/2019




                                     ORDER


PER R.K. PANDA, AM:

These appeals by the assessee for the assessment years 2014-15, 2015-16 and 2016-17 are directed against the order of learned CIT(A), New Delhi dated 30.04.2019 and 31.05.2019 respectively.

2. None appeared on behalf of the assessee at the time of Virtual Hearing before us. The assessee, vide its letter dated 15.02.2021, received through email, has requested for 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 assessment years under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.

3. Learned Senior DR has no objection.

4. In view of the above, we accept the request of the assessee.

5. In the result, the appeals of the assessee are dismissed.

Above decision was announced on conclusion of Virtual Hearing on 19.02.2021.

                 Sd/-                                             Sd/-
              (K.N. CHARY)                                 (R.K. PANDA)
         JUDICIAL MEMBER                             ACCOUNTANT MEMBER
Sh
                        3       ITA Nos.6270, 6542 & 6543 /Del/2019




Copy forwarded to: -
1.     Appellant
2.     Respondent
3.     CIT
4.     CIT(A)
5.     DR, ITAT                    By Order


                           Assistant Registrar