Bain & Company Inc., USA V. DCIT (International Taxation), Gurgaon

ITA 3378/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7689 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 29-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI A BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING ) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO.3378, 6263/DEL/2017 & 4324/DEL/2018 ASSESSMENT YEAR : 2011-12, 2012-13 & 2014-15 BAIN & COMPANY INC. 131, DARTSMOUTH STREET, BOSTON MASSACHUSETTS USA PAN-AAECB9564 VS DCIT (INTERNATIONAL TAXATION) CIRCLE-GURGAON APPELLANT RESPONDENT ITA NO.6877/DEL/2019 ASSESSMENT YEAR : 2016-17 BAIN & COMPANY INC. 131, DARTSMOUTH STREET, BOSTON MASSACHUSETTS USA PAN-AAECB9564 VS ACIT (INTERNATIONAL TAXATION) CIRCLE-GURGAON APPELLANT RESPONDENT APPELLANT BY NONE RESPONDENT BY SH.M.BARANWAL, SR.DR DATE OF HEARING 2 0.0 1.202 1 DATE OF PRONOUNCEMENT 2 0 . 0 1.202 1 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2011-12, 2012-13, 2014-15 & 2016-17 ARE DIRECTED AGAINST THE O RDERS OF LEARNED ASSESSING OFFICER, NEW DELHI. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEA RING. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DAT ED 18.01.2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSID ERATION UNDER THE ITA NOS.-3378/DEL/2017 & OTHERS 2 VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE A SSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN VIEW OF THE ABOVE, ALL APPEALS FILED BY THE ASSESSEE ARE DISMISSE D. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEA RING ON 20 TH JANUARY, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESID ENT * SH * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI