INGENICO SA,NOIDA V. ACIT, CIRCLE 2(1)(1), INTERNATIONAL TAXATION, NEW DELHI

ITA 795/DEL/2023

AI Insights

Ingenico SA filed an appeal against the order of the DRP-1, New Delhi, dated 20.12.2022, concerning the assessment year 2020-21. However, before the tribunal could proceed with the case, Ingenico SA submitted an application for withdrawal of the appeal, having decided to settle the dispute under the Vivad se Vishwas Scheme, 2024. This scheme is aimed at resolving pending tax disputes. The assessee also submitted a copy of Form No. 2 and a tax deposit challan as part of the settlement process. The tribunal, acknowledging the application and the absence of any objection from the Department, dismissed the appeal as withdrawn, granting the assessee the liberty to revive the appeal if necessary.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 33635 (ITAT-DELHI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-03-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2020-2021
• Laws Referred To: Vivad se Vishwas Scheme, 2024
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIJAY B. BASANTA
• Assessee Lawyers: ANANYA KAPOOR

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘D’ BENCH, NEW DELHI BEFORE SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER, AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER ITA No. 795/DEL/2023 [A.Y 2020-21] Ingenico SA Vs. The A.C.I.T C/o Ingenico International I Pvt Ltd Circle 2(1)((1) A-5, 6, 7, 2nd Floor AMCO Tower International Taxation Sector- 9, Noida New Delhi PAN: AABCI 5337 C (Appellant) (Respondent) Assessee By : Ms. Ananya Kapoor, Adv Shri Utkarsa Gupta, Adv Department By : Shri Vijay B. Basanta, CIT-DR Date of Hearing : 19.03.2025 Date of Pronouncement : 19.03.2025 ORDER PER NAVEEN CHANDRA, AM :- This appeal by the assessee is directed against the order of the DRP-1, New Delhi dated 20.12.2022, for A.Y 2020-21. 2 ITA No. 795/DEL/2023 INGENICO SA, NOIDA 2. The assessee has filed an application dated 06.03.2025 for withdrawal of appeal as the assessee has opted to settle the issues under the Vivad se Vishwas Scheme, 2024 [in short ‘VSVS’]. The assessee has placed on record copy of Form No. 2 filed under VSVS, 2024. 3. The ld. counsel for the assessee submitted that the assessee has also deposited the tax determined in Form 2. Copy of challan is placed on record. The ld. counsel for assessee prayed for liberty to revive the appeal in case application of assessee fails to mature for any reason under Vivad se Vishwas Scheme, 2024. 4. The ld. DR raised no objection to withdrawal of appeal by the assessee. 5. Both sides heard. In light of application made by the assessee, appeal of assessee for A.Y 2020-21 is dismissed as withdrawn as assessee has opted to settle the issue under Vivad se Vishwas Scheme. Liberty is granted to the assessee to revive the appeal in case application of assessee under Vivad se Vishwas Scheme, 2024 fails to mature. 3 ITA No. 795/DEL/2023 INGENICO SA, NOIDA 6. In the result, appeal of assessee in ITA No. 795/DEL/2023 is dismissed as withdrawn. Order pronounced in open court on 19.03.2025. Sd/- Sd/- [CHALLA NAGENDRA PRASAD] [NAVEEN CHANDRA] JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 19th MARCH, 2024. VL/ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) Asst. Registrar, 5. DR ITAT, New Delhi 4 ITA No. 795/DEL/2023 INGENICO SA, NOIDA 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 fair 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 to the Assistant Registrar for endorsement of the order 12. Date of Despatch of the Order "