Case Number: ITA 1551/DEL/2020
Appellant: Prompt Enterprises Pvt Ltd, Faridabad
Respondent: DCIT Circle-20(1), New Delhi
Assessment Year: 2014-15
Result: Appeals Dismissed as Withdrawn
Case Filed On: 2020-09-07
Order Type: Final Tribunal Order
Date of Order: 2021-02-10
Pronounced On: 2021-02-10
The case of Prompt Enterprises Pvt Ltd vs DCIT Circle-20(1), New Delhi pertains to the assessment year (AY) 2014-15. The appeal was filed by Prompt Enterprises Pvt Ltd, challenging the orders of the Commissioner of Income-tax (Appeals) [CIT(A)]-XXV, New Delhi, and CIT(A)-7, New Delhi. The Income Tax Appellate Tribunal (ITAT), Delhi Bench ‘C’, adjudicated the appeal.
Prompt Enterprises Pvt Ltd had filed appeals against the assessment orders for the AY 2014-15. The company contested the orders passed by the CIT(A)-XXV, New Delhi, and CIT(A)-7, New Delhi. The appeal was brought before the ITAT Delhi Bench ‘C’ for resolution.
The ITAT Delhi Bench ‘C’, consisting of Shri G.S. Pannu, Vice President, and Shri K. Narasimha Chary, Judicial Member, heard the case on 10.02.2021 via video conferencing. None appeared on behalf of the appellant during the virtual hearing.
The appellant, Prompt Enterprises Pvt Ltd, submitted a letter dated 01.02.2021 requesting the withdrawal of the appeals. The letter stated that the company had opted to settle the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, was also filed.
The learned Senior Departmental Representative (DR) had no objection to the withdrawal request. The ITAT, considering the request and the submission, accepted the withdrawal of the appeals. Consequently, both appeals were dismissed as withdrawn.
In conclusion, the ITAT allowed the withdrawal of the appeals filed by Prompt Enterprises Pvt Ltd for the assessment year 2014-15. The case was settled under the Vivad Se Vishwas Scheme, 2020, leading to the dismissal of the appeals as withdrawn.
Order Pronounced in the Open Court on 10/02/2021:
In the result, both appeals of the assessee are dismissed as withdrawn.
Signatures:
(K. Narasimha Chary) – Judicial Member
(G.S. Pannu) – Vice President
Dated: 10/02/2021
Copy forwarded to:
Assistant Registrar
ITAT, New Delhi
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform