Rolls-Royce PLC, Gurugram V. DCIT, International Taxation, Circle-3(1)(1), New Delhi

ITA 116/DEL/2019

AI Insights

The case involved M/s. Roll-Royce Plc, a company based in London, appealing against the Deputy Commissioner of Income Tax, Circle 3(1)(1), International Taxation, New Delhi. The appeal was related to the assessment year 2015-16. The primary reason for the appeal's withdrawal was a MAP Resolution, which typically involves negotiations between countries to resolve tax disputes and avoid double taxation. The application to withdraw the appeal was filed on 03.07.2023, and the Tribunal heard the application and allowed the withdrawal on the same day, 21.07.2023.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 113783 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 6 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 20-07-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 07-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ARUN BHADAURIYA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘D’ : NEW DELHI) BEFORE SH. G.S.PANNU, HON’BLE PRESIDENT AND SH.ANUBHAV SHARMA, JUDICIAL MEMBER ITA No. 116/Del/2019, A.Y. 2015-16 M/s. Roll-Royce Plc 62, Buckingham Gate London SW1E6AT PAN : AACCR6911L Vs. DCIT, Circle 3(1)(1), International Taxation New Delhi Appellant Respondent Appellant by Sh. Arun Bhadauriya, Adv. Respondent by Sh. Manu Chaurasia, Sr. DR Date of hearing: 21.07.2023 Date of Pronouncement: 21.07.2023 ORDER Per Anubhav Sharma, JM : Heard. The matter is listed today for hearing on application dated 03.07.2023 filed on behalf of the assessee captioned as withdrawal of the appeal in the light of MAP Resolution dated 15.06.2023. Ld. AR pointed out the facts giving rise to the MAP Resolution and made a submission that appeal be allowed to be withdrawn. 2. In the light of aforesaid the appeal is dismissed as withdrawn. Order pronounced in the open court on 21 st July, 2023. Sd/- Sd/- (G.S.PANNU) (ANUBHAV SHARMA) HON’BLE PRESIDENT JUDICIAL MEMBER Date:-21 st .07.2023 *Binita, SR.P.S* Copy forwarded to: 1. Appellant 2 ITA no. 116/Del/2019 2 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI