DCIT, Circle- 1(3)(1), International Taxation, New Delhi V. Giesecke & Devrient 3S AB, Gurgaon

ITA 6594/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2443 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 01-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI K.N. CHARY, JUDICIAL MEMBER ITA NO. 6594/ DEL/2017 ASSESSME NT YEAR 2013-14 DCIT, CIRCLE 1(3)(1), (INTERNATIONAL TAXATION), NEW DELHI. VS M/S GIESECKE & DEVRIENT 3SAB, PLOT NO. 57, SECTOR 44, GURGAON, HARYANA 122003 (PAN: AAOCS1204R) (APPELLANT) (RESPONDENT) DEPARTMENT BY: SHRI M. BARNWAL, SR. DR ASSESSEE BY: NONE DATE OF HEARING : 17.02.2021 DATE OF PRONOUNCEMENT : 17.02.2021 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE REVENUE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)-42, NEW DELHI DATED 2 6.07.2017 AND PERTAINS TO ASSESSMENT YEAR 2013-14. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETT ER DATED 02.02.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL AND STATED T HAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER ITA 6594/D/2017 2 CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 20 20. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD S E VISHWAS ACT, 2020 HAS ALSO BEEN FILED. IT WAS, ACCORDINGLY, PRAYED FOR W ITHDRAWAL OF THE APPEAL FILED BY THE REVENUE. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, THE APPEAL OF THE REVEN UE IS DISMISSED AS WITHDRAWN, AS HAVING BECOME INFRUCTUOUS. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 17 TH FEBRUARY, 2021. SD/- SD/- (K.N. CHARY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR