Akzo Nobel India Ltd. Being Amalgamated Company, Kolkata V. DCIT, New Delhi

ITA 1551/DEL/2016

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 6316 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 4 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I1
• Next Hearing Date: 26-05-2017
• Assessment Year: 2011-2012
• Appeal Filed On: 23-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: I-1 NEW DELHI BEFORE MS SUCHITRA KAMBLE, JUDICIAL ME MBER AND DR. B. R. R. KUMAR, ACC OUNTANT MEMBER I.T.A. NO. 1551/DEL/20 16 (A.Y 2011-12) (THROUGH VIDEO CON FERENCING) AKZO NOBEL INDIA LIMITED BEING THE AMALGAMATED COMPANY (AKZO NOBEL CAR REFINISHES INDIA PVT. LTD. AMALGAMATED WITH AKZO NOBEL INDIA LTD. TAX, W.E.F. APRIL 01, 2011) GEETANJALI APARTMENT, 1 ST FLOOR, 8-B, MIDDLETOWN STREET, KOLKATA 700 001 AABCA0197Q (APPELLANT) VS DCIT CIRCLE-2(1) NEW DELHI (RESPONDENT) ORDER PER SUCHITRA KAMBLE, JM THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE A SSESSMENT ORDER DATED 27.01.2016 PASSED BY DY. COMMISSIONER OF INCOME TAX CIRCLE 2(1), NEW DELHI I.E. ASSESSING OFFICER FOR ASSESSMENT YEAR 2011-12. 2. BEFORE US, THE LD. AR SUBMITTED THAT THE ASSESSE E HAS MOVED AN APPLICATION DATED 16.08.2021 TO RESOLVE THE PENDING ISSUE THROUGH DIRECT TAX APPELLANT BY SH.YISHU GOEL, AR RESPONDENT BY SH. SURENDRA PAL, CIT DR DATE OF HEARING 17.08.2021 DATE OF PRONOUNCEMENT 17.08.2021 VIVAD SE VISHWAS SCHEME (VSV) ACT, 2020, AND HAS FILED DECLARATION FORM NO. 1 & 2 AND RECEIVED FORM NO. 3 DATED 19/04/2021. 3. IN VIEW OF THE AFORESAID FACTS AND AFTER CONSIDE RING THE SUBMISSIONS OF THE ASSESSEE, WE DISMISS THE APPEAL OF ASSESSEE AS WITHDRAWN SUBJECT TO A CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARR EARS FOR THE CAPTIONED ASSESSMENT YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESAID ACT, THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUN AL FOR REINSTITUTION OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER THE SAME. TH E APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 17TH DA Y OF AUGUST, 2021 IN PRESENCE OF BOTH THE PARTIES. SD/- SD/- (B. R. R. KUMAR) (SUCHITRA KAMBLE) ACCOUNTANT MEMBER JUDICIAL MEM BER DATED: 17/08/2021 R. NAHEED * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI