RECEIVABLE MANAGEMENT SERVICES INDIA PVT. LTD., NEW DELHI V. DCIT, Circle-21(1), NEW DELHI

CO 148/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0886 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 7 month(s) 11 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 14-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I2
• Assessment Year: 2012-2013
• Appeal Filed On: 03-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL
• Assessee Lawyers: VIJAY AGGARWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES I-2 : DELHI [THROUGH VIDEO CONFERENCING] BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI KUL BHARAT, JUDICIAL MEMBER C.O.NO.148/DEL./2019 ARISING OUT OF ITA.NO.5654/DEL./2018 - ASSESSMENT YEAR 2012-2013 RECEIVABLE MANAGEMENT SERVICES INDIA PVT. LTD., P-24, GREEN PARK EXTENSION, NEW DELHI. PIN - 110 016. PAN AACCR5563R VS. THE DCIT, CIRCLE 21 (1), NEW DELHI. ( CROSS OBJECTOR ) (RESPONDENT) FOR ASSESSEE : SHRI VIJAY AGGARWAL, C.A. FOR REVENUE : SHRI M. BARNWAL, SR. D.R. DATE OF HEARING : 14 . 07 .20 21 DATE OF PRONOUNCEMENT : 14 . 07 .20 2 1 ORDER PER R.K. PANDA, A.M. THE ASSESSEE HAS FILED THIS CROSS OBJECTION AGAINST THE APPEAL FILED BY THE REVENUE IN ITA.NO.5654/DEL./2018. 2 C.O.NO.148/DEL./2019 IN ITA.NO.5654/DEL./2018 RECEIVABLE MANAGEMENT SERVICES INDIA PVT. LTD., NEW DELHI. 2. LEARNED COUNSEL FOR THE ASSESSEE, AT THE TIME OF HEARING SUBMITTED THAT THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME, 2020 AGAINST THE APPEAL FILED BY THE REVENUE AND AFTER FORM NO.3 WAS ISSUED BY THE PCIT, ASSESSEE HAS PAID NECESSARY TAXES AS PER FORM NO.4, COPY OF WHICH IS PLACED ON RECORD. HE, ACCORDINGLY, SUBMITTED THAT SINCE THE APPEAL FILED BY THE REVENUE IS DISMISSED AS WITHDRAWN, THE CROSS OBJECTION FILED BY THE ASSESSEE BECOMES INFRUCTUOUS. 3. THE LD. D.R. HAS NO OBJECTION TO THE ABOVE PROPOSITION OF THE LEARNED COUNSEL FOR THE ASSESSEE. 4. SINCE THE APPEAL FILED BY THE REVENUE HAS ALREADY BEEN DISMISSED DUE TO OPTING OF THE ASSESSEE FOR SETTLEMENT OF THE DISPUTED TAX UNDER VIVAD SE VISHWAS SCHEME, 2020, THE CROSS OBJECTION BECOMES INFRUCTUOUS. ACCORDINGLY, THE SAME IS DISMISSED. 5. IN THE RESULT, CROSS OBJECTION OF THE ASSESSEE IS DISMISSED. 3 C.O.NO.148/DEL./2019 IN ITA.NO.5654/DEL./2018 RECEIVABLE MANAGEMENT SERVICES INDIA PVT. LTD., NEW DELHI. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF VIRTUAL HEARING I.E., ON 14.07.2021. SD/- SD/- (KUL BHARAT) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER DELHI, DATED 14 TH JULY, 2021 VBP/- COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT I - 2 BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.