Appeal details
Counselvise Citation
[2021] 107 COUNSELVISE.COM (IT) 6060 (ITAT-DELHI)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
3 year(s) 11 month(s) 21 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
02-09-2021
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
E
Assessment Year
2006-2007
Appeal Filed On
12-09-2017
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER & DR. B.R.R. KUMAR, ACCOUNTANT MEMBER I.T.AS. NO.5839, 5841, 5842, 5845 & 5846/DEL/2017 ASSESSMENT YEARS 2000-01, 2002-03, 2003-04, 2005-06 & 2006-07 MGB METRO GROUP BUYING HK LTD., INDIA LIAISON OFFICE (GEMEX TRADING LTD.) GURGAON. V. ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), INTERNATIONAL TAXATION, NEW DELHI. TAN/PAN: AAECM3289J (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI STEFAN ULRICH, AR RESPONDENT BY: SHRI S. NAJMI, CIT DATE OF HEARING: 02 09 2021 DATE OF PRONOUNCEMENT: 02 09 2021 O R D E R PER BENCH: THE LD. AR APPEARING ON BEHALF OF THE ASSESSEE HAS SUBMITTED THAT THE ASSESSEE HAD SET UP A LIAISON OFFICE I N INDIA PURSUANT TO RBIS APPROVAL DATED 27 TH FEBRURARY, 2004 AND THE ASSESSEE HAS CLOSED THE LIAISON OFFICE OPERATION W.E. F. 30 TH APRIL, 2018 AND IS IN THE PROCESS OF OBTAINING SUITABLE APP ROVAL FOR CLOSURE OF THE LIAISON OFFICE REGISTRATION AS WELL. LD . AR FURTHER SUBMITTED THAT WITH REGARD TO THE CAPTIONED APPEAL, THE ASS ESSEE HAS DEPOSITED THE TAX LIABILITY INCLUDING INTEREST AS WE LL AS PENALTY LEVIED PURSUANT TO THE ADDITIONS. LD. AR NEXT SUBMITTED TH AT ASSESSEE HAS ALREADY CLOSED ITS BUSINESS OPERATION IN INDIA AND IT DOES NOT WANT TO CONTINUE WITH THE LITIGATION ANY MOR E IN INDIA. HENCE, HE WANTS TO WITHDRAW THE APPEALS. I.T.AS. NO.5839, 5841, 5842, 5845 & 5846/DEL/2017 2 2. IN VIEW OF THE AFORESAID SUBMISSION OF THE LD. AR, WE DISMISS THE APPEALS OF THE ASSESSEE AS WITHDRAWN. 3. IN THE RESULT, ALL THE CAPTIONED APPEALS OF THE A SSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 2 ND SEPTEMBER 2021. SD/- SD/- [DR. B.R.R. KUMAR] [AMIT SHUKLA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 2 ND SEPTEMBER, 2021 PKK:
