Media Transasia India Private Ltd., Gurgaon V. DCIT, Circle-16(2), New Delhi

ITA 4693/DEL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5059 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 9 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2014-2015
• Appeal Filed On: 26-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: C NEW DELHI BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER [THROUGH VIDEO CONFERENCING ] ITA NOS. 4692 & 4693/DEL./2018 ASSESSMENT YEARS: 2013-14 & 2014-15 MEDIA TRANSASIA INDIA PRIVATE LTD., C/O- SANDEEP SAPRA, ADVOCATE, C-763, NEW FRIENDS COLONY, NEW DELHI VS. DCIT, CIRCLE-16(2), NEW DELHI PAN : AAACM3542L (APPELLANT) (RESPONDENT) ORDER PER G.S. PANNU, VP: THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2013-14 AND 2014-15 ARE DIRECTED AGAINST SEPARATE ORDERS OF LEA RNED CIT(A)-6, NEW DELHI, BOTH DATED 20.04.2018. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE T IME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE, VIDE ITS LETTER DATED 30 TH MARCH, 2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS AND STATED THAT IT HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHW AS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF TH E DIRECT TAX VIVAD SE APPELLANT BY NONE RESPONDENT BY SHRI R.K. GUPTA, SR. DR DATE OF HEARING 15.04.2021 DATE OF PRONOUNCEMENT 15.04.2021 2 ITA NO.4692/DEL./2018 VISHWAS ACT, 2020 HAS ALSO BEEN FILED FOR BOTH THE ASSESSMENT YEARS UNDER CONSIDERATION. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, BOTH THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSIO N OF VIRTUAL HEARING ON 15 TH APRIL, 2021 SD/- SD/- ( KUL BHARAT ) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT RK/- COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI