Discovery Aisa INC, Gurgaon V. DDIT, New Delhi

ITA 2090/DEL/2011

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 3071 (ITAT-DELHI)
• Duration Of Justice: 6 year(s) 7 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-11-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 01-08-2017
• Assessment Year: 2005-2006
• Appeal Filed On: 27-04-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G K DHALL
• Assessee Lawyers: PRACHI RASTOGI
• Keywords: Double taxation relief; Competent authority

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES B: DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA.NO.2089 & 2090/DEL./2011 ASSESSMENT YEARS 2004-05 & 2005-2006 DISCOVERY ASIA INC. USA KPMG BUILDING NO.10, TOWER- B, DLF CYBER CITY, PHASE-II, GURGAON 122 002. PAN AABCD4333P VS., THE D EPUTY D IRECTOR OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(2), NEW DELHI. (APPELLANT) (RESPONDENT) ITA.NO.5313/DEL./2010 ASSESSMENT YEAR 2006-2007 DISCOVERY ASIA INC. USA DLF BUILDING NO.10, 8 TH FLOOR, TOWER-B, DLF CYBER CITY, PHASE-2, GURGAON. PIN-122 002. PAN AABCD4333P VS., THE ASSISTANT D IRECTOR OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(1), NEW DELHI. (APPELLANT) (RESPONDENT) FOR ASSESSEE : MS. PRACHI RASTOGI , C.A. FOR REVENUE : SHRI G.K. DHALL, CIT - D.R. DATE OF HEARING : 2 9.1 1 .2017 DATE OF PRONOUNCEMENT : 29 .1 1 .2017 ORDER PER BENCH : THESE APPEALS BY THE ASSESSEE ARE DIRECTED AGAINS T THE COMMON ORDER OF THE LD. CIT(A)-XI, NEW DELHI, DATED 24 TH JANUARY, 2011 FOR THE A.YS. 2004-2005 AND 2005-2006 AND ORDE R OF DRP-1, 2 ITA.NOS.2089 & 2090/DEL./2011 & ITA.NO.5313/DEL./2010 DISCOVERY ASIA INC. GURGAON. NEW DELHI, DATED 19 TH AUGUST, 2010, UNDER SECTION 144C AND ASSESSMENT ORDER DATED 31 ST AUGUST, 2010 PASSED UNDER SECTION 143(3)/144C(1) OF THE I.T. ACT, 1961, FOR THE A.Y. 2006-2007. 2. THE ASSESSEE IN ALL THE APPEALS HAS MADE A REQU EST FOR WITHDRAWAL OF ALL THE APPEALS MENTIONING THEREIN TH AT ASSESSEE BEING A NON-RESIDENT COMPANY HAS INVOKED MUTUAL AGREEMENT PROCEDURE (MAP) OF DTAA AND SETTLEMENT HAVE BEEN ARRIVED AT B ETWEEN THE COMPETENT AUTHORITY OF INDIA AND USA. THE ASSESSEE, THEREFORE, SEEKS PERMISSION TO WITHDRAW ALL THE APPEALS. 3. IN VIEW OF THE SUBMISSIONS OF THE ASSESSEE, THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 4. IN THE RESULT, APPEALS OF THE ASSESSEE ARE DISM ISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (PRASHANT MAHARISHI) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 29 TH NOVEMBER, 2017 VBP/- 3 ITA.NOS.2089 & 2090/DEL./2011 & ITA.NO.5313/DEL./2010 DISCOVERY ASIA INC. GURGAON. COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4 . DRP - 1 , N E W D E L H I 5 . CIT CONCERNED 6 . D.R. ITAT B BENCH 7 . GUARD FILE //BY ORDER// ASST. REGISTRAR : ITAT : DELHI BENCHES : DELHI.