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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

GE India Industrial Private Limited, Building No.7A, 4th Floor, DLF Cyber City, DLF Phase-III, Sector-25A, Gurgaon, Haryana Vs. Deputy Commissioner of Income Tax, Circle-12(1), New Delhi
April, 12th 2021

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH, ‘I-1’: NEW DELHI
(Through Video Conferencing)

BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND
MS. SUCHITRA KAMBLE, JUDICIAL MEMBER

ITA No.2266/Del/2014
Assessment Year : 2009-10

GE India Industrial Private Vs. Deputy Commissioner of Income
Limited, Tax,
Building No.7A, 4th Floor, Circle-12(1),
DLF Cyber City, DLF Phase-III, New Delhi
Sector-25A, Gurgaon,
Haryana-122002
PAN-AAACG4901D

(Appellant) (Respondent)

Appellant by : Sh. Aayush Nagpal, Adv.
Respondent by : Sh. Surender Pal, CIT-DR

Date of hearing : 08.04.2021

Date of pronouncement : 08.04.2021

ORDER

PER R.K. PANDA, AM :

This appeal filed by the assessee for the assessment year 2009-10 is
directed against the order of learned Deputy Commissioner of Income Tax,
Circle-12(1), New Delhi, dated 31.01.2014.

2. The learned counsel for the assessee, vide its letter dated 07.04.2021,
has requested for withdrawal of the appeal filed by him and stated that the
assessee has opted to settle the dispute relating to the tax arrears for the
assessment year 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.
2 ITA No.2266/Del/2014

3. Learned Senior DR has no objection.

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

withdrawal of the appeal.

5. In the result, the appeal of the assessee is dismissed as withdrawn.

Above decision was pronounced in the open court in the presence of

both the sides on conclusion of Virtual Hearing on 07th April, 2021.

Sd/- Sd/-

(SUCHITRA KAMBLE) (R.K. PANDA)
JUDICIAL MEMBER ACCOUNTANT MEMBER
Delhi/Dated- 07.04.2021
By Order
f{x~{tÜ Assistant Registrar,

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

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