Sinopharm India Pvt. Ltd., New Delhi V. DCIT Circle- 23(2), New Delhi

ITA 5443/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4259 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 10 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 19-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA NO.5443/DE L/2019 ASSESSMENT YEAR : 2015-16 M/S SINOPHARM INDIA PVT LTD. UNIT NO.403-404, 4 FLOOR, SOUTHERN PARK, SAKET DISTRICT CENTRE, NEW DELHI-110017 PAN-AASCS3650F VS. DCIT, CIRCLE-23(2), ROOM NO.185A, C.R. BUILDING, NEW DELHI-110002 (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SH. R. K. GUPTA, SR. DR DATE OF HEARING : 30.04.2021 DATE OF PRONOUNCEMENT : 30.04.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2015-16 I S DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-XXV, NEW DELHI, DATED 07.05. 2019. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE DURING THE COURSE OF VIRTU AL HEARING, BEFORE US. THE ASSESSEE, VIDE ITS LETTER, DATED 16.04. 2021, HAS ITA-5443/DEL/2019 2 REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND ST ATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX A RREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS S CHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DI RECT 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 OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITH DRAWN. ABOVE DECISION WAS PRONOUNCED IN THE OPEN COURT ON CONCLUSION OF VIRTUAL HEARING ON 30 APRIL, 2021. SD/- SD/- (KUL BHARAT) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI