MARUTI SUZUKI INDIA LTD., NEW DELHI V. DCIT, CIRCLE- 9(1), NEW DELHI

ITA 4303/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 9610 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2010-2011
• Appeal Filed On: 30-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ROHIT JAIN MS SOMIYA JAIN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E, NEW DELHI BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND SH. SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCING) ITA NO.4303/DEL/2017 ASSESSMENT YEAR: 2010-11 MARUTI SUZUKI INDIA LTD. PLOT NO.1, NELSON MANDELA ROAD, VASANT KUNJ, NEW DELHI PAN NO. VS DCIT CIRCLE 9 (1) NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY SH. ROHIT JAIN, ADVOCATE M/S. SOMIYA JAIN, CA RESPONDENT BY MS. RAKHI VIMAL, SR. DR. DATE OF HEARING: 05/01/2021 DATE OF PRONOUNCEMENT: 05/01/2021 ORDER PER N. K. BILLAIYA, AM: THIS APPEAL BY THE ASSESSEE IS PREFERRED AGAINST T HE ORDER OF THE CIT(A)-15, NEW DELHI DATED 01.03.2017 PERTAININ G TO A.Y.2010-11. 2 2. AT THE VERY OUTSET THE COUNSEL FOR THE ASSESSEE DREW OUR ATTENTION TO THE LETTER DATED 04.01.2020 IN WHICH H E STATED THAT THE APPELLANT IN ORDER TO BUY PEACE AND AVOID LITIG ATION DECIDED TO SETTLE THE CAPTIONED APPEAL UNDER THE DIRECT TAX VI VAAD SE VISHWAS ACT, 2020. THE COUNSEL POINTED OUT THAT NE CESSARY DECLARATIONS HAVE ALREADY BEEN FILED WITH THE DESIG NATED AUTHORITY. 3. ON THESE FACTS THE COUNSEL SOUGHT PERMISSION TO WITHDRAW THE APPEAL. 4. ON SUCH CONCESSION THE APPEAL IS DISMISSED AS WI THDRAWN WITH A LIBERTY TO THE APPELLANT TO APPROACH THE TRI BUNAL FOR THE REVIVAL OF THE APPEAL IF FOR SOME TECHNICAL REASON THE DISPUTE COULD NOT BE SETTLED UNDER THE VIVAAD SE VISHWAAS A CT, 2020. 5. DECISION ANNOUNCED IN THE OPEN COURT IN THE PRES ENCE OF BOTH THE REPRESENTATIVES ON 05.01.2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (N. K . BILLAIYA) JUDICIAL MEMBER ACCOU NTANT MEMBER *NEHA* DATE:-05.01.2021 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGI STRAR ITAT NEW DELHI 3 DATE OF DICTATION 05. 01 .20 21 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 05. 01 .20 21 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 05. 01 .20 21 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.PS/PS 05. 01 .20 21 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 05. 01 .20 21 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 05. 01 .20 21 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 05. 01 .20 21 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK DATE ON WHICH FILE GOES TO THE HEAD CLERK. THE DATE ON WHICH FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER 4