Appeal details
Counselvise Citation
[2020] 110 COUNSELVISE.COM (IT) 1098 (ITAT-HYDERABAD)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
3 year(s) 2 month(s) 14 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
17-12-2020
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
DB-B
Next Hearing Date
14-12-2020
Assessment Year
2011-2012
Appeal Filed On
03-10-2017
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 1 687 /HYD./201 7 ASSESSMENT YEAR: 20 1 1 - 12 & ITA NO. 1 889 /HYD./2017 ASSESSMENT YEAR: 201 2 - 13 M/S M+W SINGAPORE PTE LIMITED VS. DCIT (FORMERLY KNOWN AS M+W ZANDER (S) INTERNATIONAL TAXATION - 1 PTE LIMITED) HYDERABAD HYDERABAD PAN: AA CCM4012H (APPELLANT) (RESPONDENT) FOR ASSESSEE : NONE . FOR REVENUE : SH. ROHIT M U JUMDAR, D.R. DATE OF HEARING : 14 / 12 /2020 DATE OF PRONOUNCEMENT : 17 / 12 /2020 O R D E R PER SMT. P. MADHAVI DEVI, J.M. BOTH THESE ARE ASSESSEES APPEAL S FILED AGAINST THE SEPARATE ORDER S OF CIT(A) - 10 , HYDERABAD DATED 31 .05.201 7 RELATING TO A.Y. 201 1 - 12 AND ORDER DATED 30.6.2017 RELATING TO A.Y. 2012 - 13 PASSED U/S 143(3) R.W.S. 144C OF THE INCOME TAX ACT, 1961. TH ESE APPEAL S W ERE TAKEN UP FOR HEARI NG THROUGH VIDEO CONFERENCE ON 14 .12.2020 AND BOTH THE PARTIES WERE HEARD. ITA NO S . 1687 /HYD./201 7, AY 201 1 - 12 1889/HYD/2017 A.Y. 2012 - 13 M/S M+W SINGAPORE PTE LIMITED, INDIA BRANCH OFFICE 2 2. THE LD.AR FOR THE ASSESSEE HAS SUBMITTED WITHDRAWAL APPLICATION DATED 16.11. 2020 STATING THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR BO TH THE A.Y S . UNDER CONSIDERATION UNDER VIVAD SE VISHWAS SCHEME, 2020 . HE FURTHER SUBMITTED THAT AN APPLICATION TO THIS EFFECT HAS BEEN FILED BY THE ASSESSEE AND THAT THE ASSESSEE HAS ALSO RECEIVED FORM - 3 . 3. THE LD.DR HAS NO OBJECTION TO THE SAME. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL S AS PR.CIT (IT&TP) HAS ISSUED FORM - 3. 5. HOWEVER, THE AFORESAID IS SUBJECT TO A CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTIONED A.Y S . IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORE - STATED ACT, THE APPELLANT (I.E. THE ASSESSEE) IS AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTITUTION OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER SUCH APPLICATION APPROPRIATE AS PER LAW. THE LD.DR FOR THE REVENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. 6. IN THE RESULT, BOTH THESE APPEAL S OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 17 / 12/ 2020. SD/ - SD/ - (A. MOHAN ALANKAMONY) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 17 TH D ECEMBER, 2020 GMV ITA NO S . 1687 /HYD./201 7, AY 201 1 - 12 1889/HYD/2017 A.Y. 2012 - 13 M/S M+W SINGAPORE PTE LIMITED, INDIA BRANCH OFFICE 3 COPY OF ORDER FORWARDED TO: 1. M/S M+W SINGAPORE PTE LTD. INDIA BRANCH OFFICE (FORMERLY KNOWN AS M+W ZANDER (S) PTE LIMITED), LEVEL 10, KAPIL TOWERS, SURVEY NO.115/1, I.T.PARK, FINANCIAL DISTRICT, NANAKRAMGUDA, HYDERABAD. 2. DCIT, INTERNATIONAL TAXATION - 1, HYDERABAD . 3. CIT(A) - 10 HYDERABAD 4. CIT (IT & TP), HYDERABAD. 5 . CHIEF CIT (IT) (SZ), BENGALURU 6 D.R. ITAT HYDERABAD 7 . GUARD FILE
