ADIT, New Delhi V. Pioneer Overseas Corporation Inc., Hyderabad

ITA 2935/DEL/2012

• Counselvise Citation: [2013] 140 COUNSELVISE.COM (IT) 69642 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 6 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-12-2013
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 17-12-2013
• Assessment Year: 2002-2003
• Appeal Filed On: 12-06-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: R R MORYA
• Assessee Lawyers: SANJEEV SHARMA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: F NEW DELHI BEFORE SHRI I. C. SUDHIR, JUDICIAL MEMBER AND SHRI T. S. KAPOOR, ACCOUNTANT MEMBER I.T.A NO. 2809/DEL/2012 (A.Y 2002- 03) I.T.A NO. 2810/DEL/2012 (A.Y 2003-04) I.T.A NO. 2811/DEL/2012 (A.Y 2004-05) PIONEER OVERSEAS CORPORATION, INDIA BRANCH, 6-3-1099/1100, BABUKHAS MILLENNIUM CENTRE, 3 RD FLOOR, RAJ BHAWAN ROAD, SOMAJIGUDA HYDERABAD PIN: 500082 P AN-AAACP6547N (APPELLANT) VS ADIT CIRCLE-2(1) INTERNATIONAL TAXATION NEW DELHI (RESPONDENT) I.T.A NO. 2935/DEL/2012 (A.Y 2002- 03) I.T.A NO. 2936/DEL/2012 (A.Y 2003-04) I.T.A NO. 2937/DEL/2012 (A.Y 2004-05) ADIT CIRCLE-2(1) INTERNATIONAL TAXATION NEW DELHI (APPELLANT) VS PIONEER OVERSEAS CORPORATION, INDIA BRANCH, 6-3-1099/1100, BABUKHAS MILLENNIUM CENTRE, 3 RD FLOOR, RAJ BHAWAN ROAD, SOMAJIGUDA HYDERABAD PIN: 500082 P AN-AAACP6547N (RESPONDENT) APPELLANT BY SH. R. R. MORYA, ADV RESPONDENT BY SH. SANJEEV SHARMA, CIT DR ORDER PER BENCH THESE ARE CORSS APPEALS PREFERRED BY THE PARTIES FO R THE A.YS 2002-03, 2003-04 & 2004-05. I.T.A .NOS.-2809,2810,2811,2935, 2936 & 2937/DEL/12 2 2. AT THE OUTSET OF HEARING THE LD. AR SUBMITTED TH AT ALL THE PRESENT APPEALS HAVE BECOME INFRUCTUOUS SINCE IN THE MEANWHILE THE ISSUE IN DISPUTE HAS BEEN SETTLED UNDER MUTUAL AGREEMENT PROCEDURE (MAP). AF TER VERIFICATION OF THE RECORD THE LD. DR CONCURRED WITH THE ABOVE SUBMISSI ON OF THE LD. AR. BOTH THE SIDES ACCORDINGLY REQUESTED FOR WITHDRAWAL OF THE R ESPECTIVE APPEALS. THE APPEALS ARE ACCORDINGLY DISMISSED AS WITHDRAWN. 3. IN RESULT APPEALS ARE DISMISSED AS HAVING BEEN I NFRUCTUOUS/WITHDRAWN. THE ORDER IS PRONOUNCED IN THE OPEN COURT ON 17 TH OF DECEMBER, 2013. SD/- SD/- (T.S. KAPOOR) (I. C. SUDHIR) ACCOUNTANT MEMBER JUD ICIAL MEMBER DATED: 17 /12/2013 R.NAHEED * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT RE GISTRAR ITAT NEW DELHI