ULO SYSTEMS LLC, MUMBAI V. DCIT, CIRCLE- 2, INTL. TAXATION, DEHRADUN

ITA 4450/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5755 (ITAT-DEHRADUN)
• Duration Of Justice: 3 year(s) 8 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 04-07-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DEHRADUN BENCH : DEHRADUN (THROUGH VIRTUAL HEARING) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI AMIT SHUKLA, JUDICIAL MEMBER ITA NO.4450/DEL/2017 ASSESSMENT YEAR: 2014-15 ULO SYSTEMS LLC, C/O SRBC ASSOCIATES & LLP, 14 TH FLOOR, THE RUBY, 29, SENAPATI BAPAT MARG, DADAR WEST, MUMBAI. PAN: AAACU5048F VS DCIT, CIRCLE-2, INTERNATIONAL TAXATION, DEHRADUN. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI PALAK AGRAWAL, CA REVENUE BY : SHRI VINAY SINGH RAWAT, SR. DR DATE OF HEARING : 26.03.2021 DATE OF PRONOUNCEMENT : 26.03.2021 ORDER PER R.K. PANDA, AM: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER DATED 10.04.2017 OF THE AO U/S 143(3)/144C(13) OF THE IT ACT, 1961, RELATING TO THE ASSESSMENT YEAR 2014-15. 2. THE LD. COUNSEL FOR THE ASSESSEE, REFERRING TO A N APPLICATION DATED 11 TH FEBRUARY, 2021 FILED BY THE ASSESSEE, SOUGHT WITHDR AWAL OF THE APPEAL ON THE GROUND THAT THE ASSESSEE HAS OPTED TO SETTLE THE DI SPUTE RELATING TO THE TAX ARREARS FOR ITA NO. 4846 / DEL /201 7 2 THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE V IVAD SE VISHWAS SCHEME, 2020. THE ASSESSEE HAS ALSO OBTAINED FORM NO.3. I T WAS ACCORDINGLY REQUESTED THAT THE APPEAL MAY BE ALLOWED TO BE WITHDRAWN. 3. IN THE ABSENCE OF ANY OBJECTION FROM THE LD. DR, THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL IS ALLOWED. ACCORDINGL Y, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. THE ORDER WAS PRONOUNCED IN THE OPEN COURT ON CONCL USION OF THE HEARING ITSELF, I.E., ON 26 TH MARCH, 2021. SD/- SD/- (AMIT SHUKLA) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 26 TH MARCH, 2021. DK COPY FORWARDED TO : 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASSTT. REGISTRAR, ITAT, DEHRADUN