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Income Tax Appellate Tribunal - Delhi

Prathama Bank, Moradabad vs Dcit, Circle -1 , Moradabad on 19 April, 2022

                INCOME TAX APPELLATE TRIBUNAL
                  DELHI BENCH "F": NEW DELHI


     BEFORE SHRIPRADIP KUMAR KEDIA, ACCOUNTANT MEMBER
                            AND
            SHRI N. K. CHOUDHRY, JUDICIAL MEMBER


                 ITA No. 2759 to 2761/Del/2019
             (Assessment Years: 2013-14 to 2015-16)



     Prathama Bank,                  Vs.   DCIT,
     Ram Ganga Vihar, Phase-II,            Circle-1,
     Moradabad, Uttar Pradesh              Moradabad
     PAN: AAAJP0988Q
     (Appellant)                           (Respondent)



     Assessee by :                ShriVivek Gupta, CA
     Revenue by:                  Shri T. Kipgen, Ld. CIT DR


     Date of Hearing              19/04/2022
     Date of pronouncement        19/04/2022



                             ORDER

PER N.K. CHOUDHRY, J. M.:

1. These appeals have been preferred by the same Assessee against the orders dated 31.01.2019 and 22.02.2019 impugned herein, passed by the ld. Commissioner of Income Tax (Appeals), Moradabad for the Assessment Years 2013-14 to 2015-16.
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2. The Assessee haspreferred 03 applications under consideration for withdrawal of the appeals.
3. During the course of hearing, the Ld. Counsel for the Assessee submitted that since the Assessee has availed the immunity scheme i.e; Vivad Se Vishwas under The Direct Tax Vivad se Vishwas Act, 2020 and the Income Tax Department has issued Forms No. 5 in response to the applications filed by the Assessee under the scheme, therefore these appeals of the Assessee may be allowed to be dismissed as withdrawn with liberty to seek recall of the order in case any unforeseen circumstances would arise in future.
4. The Ld. DR did not raise any objection on the request of the Assessee for withdrawal of Appeals.
5. Having heard the parties and perused the applications for withdrawal of the appeals and Forms No. 5 dated 25.01.2021 for Assessment Year 2013-14 to 2015-16 (Copy already on record) issued by the Revenue Department. Considering the facts and circumstances, the appeals of Assessee are liable to be dismissed as withdrawn with liberty as prayed for in accordance of law, hence ordered accordingly.
6. In the result, appeals of the Assessee stands dismissed as withdrawn.

Order pronounced in the open court on19/04/2022.

           -Sd/-                                        -Sd/-
       (PRADIP KUMAR KEDIA)                     (N.K. CHOUDHRY)
      ACCOUNTANT MEMBER                         JUDICIAL MEMBER


Dated:     19/04/2022

A K Keot

Copy forwarded to

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 1. Applicant
2. Respondent
3. CIT
4. CIT (A)
5. DR:ITAT
                ASSISTANT REGISTRAR
                      ITAT, New Delhi




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