Indian Yamaha Motor Pvt. Ltd., New Delhi V. DCIT, New Delhi

ITA 752/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7149 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 11 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2012-2013
• Appeal Filed On: 10-02-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL
• Assessee Lawyers: SOUMYA JAIN
• Section: 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI FRIDAY-A BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING ) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NOS. 6418/DEL/2019 & 752/DEL/2017 ASSESSMENT YEARS : 2011-12 & 2012-13 INDIAN YAMAHA MOTOR PVT.LTD., C/O-KNM & PARTNERS, LAW OFFICES, 1 ST FLOOR, THE GREAT EASTERN CENTRE, 70, NEHRU PLACE, BEHIND IFCI TOWER, NEW DELHI-110019. PAN-AABCI7552F VS DCIT, CIRCLE-1 LTU, NEW DELHI. APPELLANT RESPONDENT APPELLANT BY MS. SOUMYA JAIN, CA RESPONDENT BY SH.M.BARNWAL, SR.DR DATE OF HEARING 22.01.2021 DATE OF PRONOUNCEMENT 22.01.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEA RS 2011-12 & 2012-13 ARE DIRECTED AGAINST THE ORDERS OF ASSESSING OFFIC ER, NEW DELHI DATED 19.03.2015 & 27.12.2016 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER D ATED 20.01.2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDR AWAL OF THE APPEALS FILED BY HER AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA NO.-6418/DEL/2019 & 752 /DEL/2017 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE A SSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, BOTH APPEALS OF THE ASSESSEE ARE DISM ISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HE ARING IN THE PRESENCE OF BOTH THE PARTIES ON 22 ND JANUARY, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESID ENT * AMIT KUMAR * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI