M/s. Giesecke & Devrient 3S AB, Gurgaon V. ADIT (International Taxation), New Delhi

ITA 4079/DEL/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4538 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 6 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 19-07-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI K.N. CHARY, JUDICIAL MEMBER ITA NO. 4079/ DEL/2016 ASSESSME NT YEAR: 2011-12 GIESECKE 7 DEVRIENT 3S AB, (NOW KNOWN AS GIESCKE & DEVRIENT NORDIC AB), PLOT NO. 57, SECTOR 44, GURGAON 122003 (PAN: AAOCS1204R) VS ADIT (INTERNATIONAL TAXATION), CIRCLE 1(2), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI ROHAN KHARE, ADVOCATE RESPONDENT BY: SHRI M. BARNWAL, SR. DR DATE OF HEARING : 10.02.2021 DATE OF PRONOUNCEMENT : 10.02.2021 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)-42, NEW DELHI DATED 11.05.2016 AND PERTAINS TO ASSESSMENT YEAR 2011-12. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 04.01.2021 RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWA L OF THE APPEAL FILED BY THE ITA 4079/DEL/2016 2 ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSI DERATION UNDER THE 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 O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 10 TH FEBRUARY, 2021. SD/- SD/- (K.N. CHARY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR