FINASTRA INTERNATIONAL FINANCIAL SYSTEMS PTE LTD,SINGAPORE V. ACIT INT.TAX CIRCLE-1(3)(1), DELHI

ITA 1178/DEL/2025

AI Insights

The case involved Finastra International Financial Systems Pte Ltd, the appellant, who filed an appeal against an order dated 17.12.2024 for the assessment year 2022-23. The appeal was heard by the Income Tax Appellate Tribunal, Delhi 'D' Bench. The primary issue arose from the procedural error of filing the appeal through two different methods, leading to the allocation of two separate appeal numbers. The appellant's counsel submitted an application to withdraw the appeal to rectify this administrative error. The Departmental Representative did not raise any objections to the withdrawal. Consequently, the Tribunal dismissed the appeal as withdrawn.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 772604 (ITAT-DELHI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-08-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Assessment Year: 2022-2023
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DHEERAJ KUMAR JAIN
• Assessee Lawyers: MAHIMA GAUD

Judgement Text

" IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘D’ BENCH, NEW DELHI BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER ITA No. 1178/DEL/2025 [A.Y. 2022-23] Finastra International Financial Vs. The A.C.I.T Systems Pte Ltd [International Tax] 38, Beach Road, South Beach Tower Circle -1(3)(1) 2911, Singapore New Delhi PAN : AAICM 2959 D (Applicant) (Respondent) Assessee By : Ms. Mahima Gaud, Adv Department By : Shri Dheeraj Kumar Jain, Sr. DR Date of Hearing : 22.08.2025 Date of Pronouncement : 22.08.2025 ORDER PER NAVEEN CHANDRA, ACCOUNTANT MEMBER:- This appeal by the assessee is preferred against the order dated 17.12.2024 for A.Y 2022-23 Printed from counselvise.com 2 ITA No. 1178/DEL/2025 [A.Y 2022-23] Finastra International Financial System 2 2. At the very outset, the ld. counsel for the assessee filed an application dated 01.08.2025 seeking permission to withdraw the appeal filed by the assessee on the ground that two appeal numbers have been allotted due to filing done one offline and another online. 3. The ld. DR did not raise any objection. 4. Accordingly, the appeal of the assessee is dismissed as withdrawn. 5. In the result, the appeal of assessee in ITA No. 1178/DEL/2025 is dismissed as withdrawn. The order is pronounced in the open court on 22.08.2025. Sd/- Sd/- [MAHAVIR SINGH] [NAVEEN CHANDRA] JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 26th AUGUST, 2025. VL/ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) Asst. Registrar, 5. DR ITAT, New Delhi Printed from counselvise.com 3 ITA No. 1178/DEL/2025 [A.Y 2022-23] Finastra International Financial System 3 Sl No. PARTICULARS DATES 1. Date of dictation of Tribunal Order . 2. Date on which the typed draft Tribunal Order is placed before the Dictation Member 3. Date on which the typed draft Tribunal Order is placed before the other Member 4. Date on which the approved draft Tribunal Order comes to the Sr. P.S./P.S. 5. Date on which the fair Tribunal Order is placed before the Dictating Member for pronouncement 6. Date on which the signed order comes back to the Sr. P.S./P.S 7. Date on which the final Tribunal Order is uploaded by the Sr. P.S./P.S. on official website 8. Date on which the file goes to the Bench Clerk alongwith Tribunal Order 9. Date of killing off the disposed of files on the judiSIS portal of ITAT by the Bench Clerks 10. Date on which the file goes to the Supervisor (Judicial) 11. The date on which the file goes for xerox 12. The date on which the file goes for endorsement 13. The date on which the file goes to the Superintendent for checking 14. The date on which the file goes to the Assistant Registrar for signature on the Tribunal order 15. Date on which the file goes to the dispatch section 16. Date of Dispatch of the Order Printed from counselvise.com "