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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Naveen Kumar Varshneya 20165, Prestige Shanti Niketan, Near ITPL, Whitefield, Bangalore Vs. ITO Ward- 7 (3) New Delhi
October, 23rd 2021

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH ‘SMC-1’, NEW DELHI

BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER
(THROUGH VIDEO CONFERENCING)

ITA No.6904/Del/2019

Assessment Year: 2010-11

Naveen Kumar Varshneya ITO

20165, Prestige Shanti Vs Ward- 7 (3)

Niketan, Near ITPL, New Delhi

Whitefield, Bangalore

PAN No.AFJPV7128Q

(APPELLANT) (RESPONDENT)

Appellant by None
Respondent by Sh. Sanjeev Mahajan, Sr. DR

Date of hearing: 21/10/2021
Date of Pronouncement: 21/10/2021

ORDER

PER N. K. BILLAIYA, AM:
1. This appeal by the assessee is preferred against the order of
the CIT(A)-3, New Delhi dated 17.06.2019 pertaining to
A.Y.2010-11.
2. Vide email dated 19.10.2021 the assessee sought
permission to withdraw the appeal as the dispute has been
settled under the Vivad Se Vishwas Act, 2020.
2

3. Noting the contents of the application the appeal is
dismissed as withdrawn.
4. Decision announced in the open court in the presence of
both the representatives on 21.10.2021.

Sd/-

(N. K. BILLAIYA)

*NEHA* ACCOUNTANT MEMBER

Date:-21.10.2021 ASSISTANT REGISTRAR
ITAT NEW DELHI
Copy forwarded to:
21.10.2021
1. Appellant

2. Respondent

3. CIT

4. CIT(Appeals)

5. DR: ITAT

Date of dictation

Date on which the typed draft is placed 21.10.2021

before the dictating Member

Date on which the typed draft is placed 21.10.2021

before the Other member

Date on which the approved draft comes to 21.10.2021

the Sr.PS/PS

Date on which the fair order is placed before 21.10.2021

the Dictating Member for Pronouncement

Date on which the fair order comes back to 21.10.2021

the Sr. PS/ PS

Date on which the final order is uploaded 21.10.2021

on the website of ITAT

Date on which the file goes to the Bench 21.10.2021

Clerk

Date on which file goes to the Head Clerk.

The date on which file goes to the Assistant

Registrar for signature on the order

Date of dispatch of the Order

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