LG CNS India Private Limited, Bangalore V. DCIT, Bangalore

ITA 530/BANG/2015

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8104 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 10 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 31-03-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S CHAKARBARTY
• Keywords: Set aside

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH I-2 : NEW DELHI) BEFORE SHRI KULDIP SINGH, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCE) ITA (TP) NO.181/BANG./2015 (ASSESSMENT YEAR : 2011-12) M/S. LG CNS INDIA PRIVATE LTD., VS. DCIT, CIRCLE 1 1 (5), EMBASSY TECH SQUARE, 6 TH FLOOR, BANGALORE. MARATHAHALI, SARJAPUR OUTER RING ROAD, BANGALORE 560 103. (PAN : AAACL9956B) ITA (TP) NO.530/BANG./2015 (ASSESSMENT YEAR : 2010-11) M/S. LG CNS INDIA PRIVATE LTD., VS. DCIT, CIRCLE 4 (1)(1), EMBASSY TECH SQUARE, 6 TH FLOOR, BANGALORE. MARATHAHALI, SARJAPUR OUTER RING ROAD, BANGALORE 560 103. (PAN : AAACL9956B) ITA (TP) NO.300/BANG./2015 (ASSESSMENT YEAR : 2011-12) DCIT, CIRCLE 4(1)(1), VS. M/S. LG CNS INDIA PRIVATE LTD., BANGALORE. EMBASSY TECH SQUARE, 6 TH FLOOR, MARATHAHALI, SARJAPUR OUTER RING ROAD, BANGALORE 560 103. (PAN : AAACL9956B) ITA (TP) NO.510/BANG./2015 (ASSESSMENT YEAR : 2010-11) DCIT, CIRCLE 4(1)(1), VS. M/S. LG CNS INDIA PRIVATE LTD., BANGALORE. EMBASSY TECH SQUARE, 6 TH FLOOR, MARATHAHALI, SARJAPUR OUTER RING ROAD, BANGALORE 560 103. (PAN : AAACL9956B) (APPELLANT) (RESPONDENT) ITA (TP) NO.181/BANG./2015 ITA (TP) NO.530/BANG./2015 ITA (TP) NO.300/BANG./2015 ITA (TP) NO.510/BANG./2015 2 ASSESSEE BY : SHRI S. CHAKARBARTY, ADVOCATE REVENUE BY : SHRI ASHISH KUMAR, CIT DR DATE OF HEARING : 16.02.2021 DATE OF ORDER : 16.02.2021 O R D E R PER BENCH : APPELLANT, M/S. LG CNS INDIA PVT. LTD. (HEREINAFTER REFERRED TO AS THE ASSESSEE), BY FILING THE PRESENT APPEAL S, SOUGHT TO SET ASIDE THE IMPUGNED ORDERS DATED 16.12.2014 (ITA (TP ) NO.181/BANG./2015) PASSED BY THE COMMISSIONER OF IN COME-TAX (APPEALS)-4, BANGALORE QUA THE ASSESSMENT YEAR 2011 -12 AND DATED 29.01.2015 (ITA (TP) NO.530/BANG./2015) PASSED BY T HE ASSESSING OFFICER QUA THE ASSESSMENT YEAR 2010-11. 2. APPELLANT, DCIT, CIRCLE 4 (1)(1), NEW DELHI (HER EINAFTER REFERRED TO AS THE REVENUE), BY FILING THE PRESEN T APPEALS, SOUGHT TO SET ASIDE THE IMPUGNED ORDERS DATED 16.12.2014 ( ITA (TP) NO.300/BANG./2015) PASSED BY THE COMMISSIONER OF IN COME-TAX (APPEALS)-4, BANGALORE QUA THE ASSESSMENT YEAR 2011 -12; AND DATED 29.01.2015 (ITA (TP) NO.510/BANG./2015) PASSE D BY THE ASSESSING OFFICER QUA THE ASSESSMENT YEAR 2010-11. ITA (TP) NO.181/BANG./2015 ITA (TP) NO.530/BANG./2015 ITA (TP) NO.300/BANG./2015 ITA (TP) NO.510/BANG./2015 3 3. LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATIO N SEEKING WITHDRAWAL OF THE APPEALS ON THE GROUND THAT THE AS SESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS F OR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWA S SCHEME, 2020 AND HAS FILED NECESSARY FORMS 1 & 2 WITH THE TAX DEPARTMENT, WHICH WAS ACCEPTED AND PROCESSED VIDE F ORM 3 ISSUED BY THE TAX DEPARTMENT. 3. KEEPING IN VIEW THE AFORESAID FACTS, PRESENT APP EALS ARE HEREBY DISMISSED WITH LIBERTY TO GET IT RESTORED BY THE ASSESSEE IN CASE DISPUTE IS NOT SETTLED AS PER SCHEME. THE REV ENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. CON SEQUENTLY, ALL THE APPEALS FILED BY THE ASSESSEE AS WELL AS REVENUE AR E HEREBY DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON THIS 16 TH DAY OF FEBRUARY , 2021 AFTER THE CONCLUSION OF THE VIRTUAL HEARING. SD/- SD/- (PRASHANT MAHARISHI) (KULDIP SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 16 TH DAY OF FEBRUARY, 2021 TS ITA (TP) NO.181/BANG./2015 ITA (TP) NO.530/BANG./2015 ITA (TP) NO.300/BANG./2015 ITA (TP) NO.510/BANG./2015 4 COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A). 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.