ONGC Videsh Ltd., New Delhi V. Addl. CIT, New Delhi

ITA 3151/DEL/2014

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2621 (ITAT-DELHI)
• Duration Of Justice: 6 year(s) 9 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 08-06-2017
• Assessment Year: 2007-2008
• Appeal Filed On: 21-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRAMITA M BISWAS

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E : NEW DELHI BEFORE SHRI KULDIP SINGH , JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA NO. 3151 & 3152/DEL/2014 (ASSESSMENT YEAR: 2007 - 08 AND 2008 - 09 ) ONGC VIDESH LTD, 601, 6 TH FLOOR, KAILASH BUILDING, 26, KASTURBA GANDHI MARG, NEW DELHI PAN: AAAC01230F VS. ADDL. CIT, RANGE - 13, NEW DELHI (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI C. S. AGGARWAL, SR. ADV SHRI R. P. MALL, ADV REVENUE BY: MS. PRAMITA M. BISWAS, CIT DR DATE OF HEARING 22/02 / 2021 DATE OF PRONOUNCEMENT 2 2 / 02 / 2021 O R D E R PER PRASHANT MAHARISHI , A. M. 1. ITA NO. 3151 /DEL/2014 FOR ASSESSMENT YEAR 2007 - 08 IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD CIT(A) - 26, NEW DELHI DATED 25.02.2015 AND ITA NO. 3152/DEL/2014 FOR ASSESSMENT YEAR 2008 - 0 9 IS ALSO FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD CIT(A) DATED 28.02.2014. 2. AT THE TIME OF HEARING , THE ASSESSEE SUBMITTED THAT IT HAS OPTED FOR SETTLEMENT OF THE DISPUTE UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT 2020 AND FORM NO. 3 HAS ALSO BEEN ISSUED TO THE ASSESSEE AND THEREFORE, BOTH THESE APPEALS MAY BE TREATED AS DISMISSED AS WITHDRAWN. THE LD DR CONCURRED WIT H THE SAME. 3. WE HAVE CAREFULLY CONSIDERED THE RIVAL CONTENTIONS AND FIND THAT ASSESSEE HAS OPTED FOR SETTLEMENT OF THE DISPUTE UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT 2020 FOR THE SETTLEMENT OF THE ABOVE DISPUTE IN BOTH THESE APPEALS FOR WHICH FORM NO. 3 HAS ALSO BEEN ISSUED. IN VIEW OF THIS BOTH THESE APPEALS FILED BY THE ASSESSEE ARE TREATED AS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 2 2 / 02 / 2021 . - SD/ - - SD/ - ( KULDIP SINGH ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 2 2 / 02 / 2021 A K KEOT COPY FORWARDED TO PAGE | 2 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI