AMAS Investment Project Services Ltd., Chennai V. DCIT, CIrcle- 1(1)(1), International Taxation, New Delhi

ITA 7782/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 9227 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 27-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SATPAL GULATI

Judgement Text

I.T.A.NO.7782/DEL/2017/A.Y.2014-15 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER . . /. I.T.A NO.7782/DEL/2017 / ASSESSMENT YEAR:2014-15 AMAS INVESTMENT PROJECT SERVICES LTD. M/S SUBBARAYA AIYAR PADMANABHAN AND RAMAMANI, ADVOCATES, 75, DR. RADHAKRISHNAN SALAI, MYLAPORE, CHENNAI, TAMIL NADU. VS. DCIT CIRCLE 1(1)(1), INTERNATIONAL TAXATION, NEW DELHI. PAN NO. AALCA1008Q APPELLANT / RESPONDENT /ASSESSEE BY SHRI SAROJ KUMAR PARIDA, ADV. /REVENUE BY SHRI SATPAL GULATI, CIT DR / DATE OF HEARING: 07.01.2021 /PRONOUNCEMENT ON 07.01.2021 /O R D E R PER BHAVNESH SAINI, J.M. THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ASSESSMENT ORDER PASSED BY DCIT, CIRCLE 1(1)(1), INTERNATIONAL TAXATION, NEW DELHI DATED 30.10.2017 FOR AY 2014-15. 2. LD. COUNSEL FOR ASSESSEE SUBMITTED THAT ASSESSEE HAS SETTLED THE MATTER UNDER VIVAD SE VISHWAS SCHEME, 2020 AND FORM NO. 1 & 2 HAVE BEEN ISSUED. HE HAS, THEREFORE, SUBMITTED THAT APP EAL OF ASSESSEE MAY BE DISMISSED AS WITHDRAWN, SUBJECT TO ISSUE OF FORM NO. 3 IN FAVOUR OF THE ASSESSEE. I.T.A.NO.7782/DEL/2017/A.Y.2014-15 2 3. IN VIEW OF THE ABOVE, THE APPEAL OF THE ASSESSEE STANDS DISPOSED OF IN TERMS ABOVE, SUBJECT TO ISSUE OF FORM NO. 3 IN F AVOUR OF THE ASSESSEE. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (PRASHANT MAHARISHI) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 07.01.2021 * KAVITA ARORA, SR. P.S. COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A) / ITAT (DR)/GUARD FILE OF ITAT. BY ORDER ASSISTANT REGISTRAR, ITAT: DELHI BENCHES-DELHI