GAP International Sourcing (India) Pvt. Ltd., New Delhi V. DCIT, Circle-10(1), New Delhi

ITA 7452/DEL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 9138 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 3 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I1
• Assessment Year: 2011-2012
• Appeal Filed On: 26-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SURENDER PAL
• Assessee Lawyers: SHASHANK CHOUDHARY
• Section: 143(3); 201; 144C

Judgement Text

IN TH E INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : I - 1 : NEW DELHI BEFORE SHRI R. K. PANDA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER ITA NO. 7452 /DEL/201 8 ASSESSMENT YEAR : 20 1 1 - 12 GAP INTERNATIONAL SOURCING (INDIA) PVT. LTD., UNIT NO.201, DLF SOUTH COURT, DISTRICT CENTRE, SAKET, NEW DELHI. PAN: AACCG3437E VS DCIT, CIRCLE - 10(1), NEW DELHI. (APP ELL A NT ) (RESPONDENT) A SSESSEE BY : SHRI NISHANT SAINI & SHRI SHASHANK CHOUDHARY. RE VENUE BY : SHRI SURENDERPAL, CIT , DR DATE OF HEARING : 18.03. 20 2 1 DATE OF PRONOUNCEMENT : 18 . 0 3 . 20 2 1 ORDER PER R. K. PANDA, AM : T HIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DATED 27 TH SEPTEMBER, 201 8 PASSED BY THE AO U/S 143(3) R.W.SS 144C AND 254 OF THE IT ACT, 1961 RELATING TO ASSESSMENT YEAR 20 11 - 12. 2. THE LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE ASSESSEE HAD FILED A RECTIFICATION APPLICATION BEFORE THE DRP WHO PASSED THE ORDE R O N 11 TH DECEMBER, 2018 WHEREIN THE DRP ITA NO. 7452 /DEL/201 8 2 ACCEPTED THE CONTENTION OF THE ASSESSEE AND DIRECTED THE TPO TO RECOMPUTE THE ADJUSTMENT . SUBSEQUENTLY, THE TPO DELETED THE ENTIRE ADDITION AND, THEREFORE, THIS APPEAL BECOMES INFRUCTUOUS. HE ACCORDINGLY SUBMITTED THAT THE APPEAL FILED BY THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 3. IN ABSENCE OF ANY OBJECTION FROM THE SIDE OF THE LD. DR, THE REQUEST OF THE ASSESSEE SEEKING WITHDRAWAL OF THE APPEAL IS ACCEPTED. THE APPEAL OF THE ASSESSEE IS ACCORDINGLY DISMISS ED AS WITHDRAWN. 4 . IN THE RESULT, THE APPEAL FILED BY THE ASSESSEES IS DISMISSED. THE DECISION WAS PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ITSELF I.E., ON 18 .0 3 .20 21 . SD/ - SD/ - ( KULDIP SINGH ) ( R. K. PANDA ) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 18 TH MARCH, 2021. DK COPY FORWARDED TO : 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASSTT. REGISTRAR, ITAT, NEW DELHI