Panasonic Consumer India Pvt. Ltd., New Delhi V. DCIT, New Delhi

ITA 3404/DEL/2014

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4568 (ITAT-DELHI)
• Duration Of Justice: 7 year(s) 3 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2006-2007
• Appeal Filed On: 03-06-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GAURAV PUNDIR
• Assessee Lawyers: R K KAPOOR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI R.K.PANDA, ACCOUNTANT MEMBER AND MS. SUCHITRA KAMBLE, JUDICIAL MEMBER ITA NO.3404/DEL/2014 ASSESSMENT YEAR : 2006-2007 PANASONIC CONSUMER INDIA PVT. LTD. (FORMERLY KNOWN AS PANASONIC INDIA PVT. LTD.), K-39, CONNAUGHT PLACE NEW DELHI-110001 PAN : AAACN1498G VS. DY. COMM. OF INCOME TAX CIRCLE-14(1), NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. R.K.KAPOOR, CA RESPONDENT BY : SH. GAURAV PUNDIR, SR. DR DATE OF HEARING : 29.09.2021 DATE OF PRONOUNCEMENT : 29.09.2021 ORDER PER R.K.PANDA, AM : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2006-07 IS DIRECTED AGAINST THE ORDER OF LEARNED DRP-II, NEW DELHI-2, DATED 24.1 2.2009. ITA-3404/DEL/2014 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 2 7.01.2021, RECEIVED BY HAND, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILE D BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER TH E 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 ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRA WN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 29 SEPTEMBER,, 2021 IN PRESENCE OF BOTH THE PARTIES. SD/- SD/- (SUCHITRA KAMBLE) (R.K.PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER *BINITA* COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI