Asia Satellite Telecommunication Co. Ltd., New Delhi V. DCIT (International Taxation), New Delhi

ITA 952/DEL/2016

• Counselvise Citation: [2017] 130 COUNSELVISE.COM (IT) 7099 (ITAT-DELHI)
• Duration Of Justice: 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-01-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 25-02-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAVI JAIN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI BEFORE SHRI BEFORE SHRI BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT G.D. AGRAWAL, VICE PRESIDENT AND AND AND AND SHRI KULDIP SINGH SHRI KULDIP SINGH SHRI KULDIP SINGH SHRI KULDIP SINGH, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S SS S . .. . 5468/DEL/2011, 5410/DEL/2014, 558/DEL/2014, 5468/DEL/2011, 5410/DEL/2014, 558/DEL/2014, 5468/DEL/2011, 5410/DEL/2014, 558/DEL/2014, 5468/DEL/2011, 5410/DEL/2014, 558/DEL/2014, 563/DEL/2015 & 952/DEL/2016 563/DEL/2015 & 952/DEL/2016 563/DEL/2015 & 952/DEL/2016 563/DEL/2015 & 952/DEL/2016 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : : : : 2008 2008 2008 2008 - -- - 09 09 09 09 TO 2012 TO 2012 TO 2012 TO 2012 - -- - 13 1313 13 M/S ASIA SATELLITE M/S ASIA SATELLITE M/S ASIA SATELLITE M/S ASIA SATELLITE TELECOMMUNICATIONS CO.LTD., TELECOMMUNICATIONS CO.LTD., TELECOMMUNICATIONS CO.LTD., TELECOMMUNICATIONS CO.LTD., C/O PRICEWATERHOUSECOOPERS C/O PRICEWATERHOUSECOOPERS C/O PRICEWATERHOUSECOOPERS C/O PRICEWATERHOUSECOOPERS (P) LTD., (P) LTD., (P) LTD., (P) LTD., BUILDING NO.10, TOWER BUILDING NO.10, TOWER BUILDING NO.10, TOWER BUILDING NO.10, TOWER- -- -C, C,C, C, 18 1818 18 TH THTH TH FLOOR, DLF CYBER CITY, FLOOR, DLF CYBER CITY, FLOOR, DLF CYBER CITY, FLOOR, DLF CYBER CITY, GURGAON GURGAON GURGAON GURGAON 122 002. 122 002. 122 002. 122 002. PAN : AADCA7848N. PAN : AADCA7848N. PAN : AADCA7848N. PAN : AADCA7848N. VS. VS. VS. VS. ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1(1), 1(1), 1(1), 1(1), INTERNATIONAL TA INTERNATIONAL TA INTERNATIONAL TA INTERNATIONAL TAXATION XATION XATION XATION NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI KANCHUN KAUSHAL, ADVOCATE AND SHRI ROHIT TIWARI, CA. RESPONDENT BY : SHRI RAVI JAIN, CIT - DR. DATE OF HEARING : 03.01.2017 03.01.2017 03.01.2017 03.01.2017 DATE OF PRONOUNCEMENT : 03.01.2017 03.01.2017 03.01.2017 03.01.2017 ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP : :: :- -- - THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2008- 09 TO 2012-13 ARE DIRECTED AGAINST THE DIRECTIONS O F LEARNED DISPUTE RESOLUTION PANEL-I, NEW DELHI. 2. AT THE TIME OF HEARING BEFORE US, SHRI KANCHUN K AUSHAL, LEARNED ADVOCATE APPEARED ON BEHALF OF THE ASSESSEE AND REQ UESTED FOR WITHDRAWAL OF ALL THE ABOVE FIVE APPEALS FILED BY T HE ASSESSEE. HE ALSO FILED A LETTER DATED 27 TH DECEMBER, 2016 TO THIS EFFECT. HE STATED THAT THE ASSESSEE IS IN THE PROCESS OF APPLYING FOR DISP UTE RESOLUTION SCHEME, 2016 TO SETTLE ITS DISPUTES IN THIS YEAR AN D ALSO OTHER YEARS. HE, HOWEVER, HAS REQUESTED THAT THE ASSESSEE MAY BE GRANTED THE RIGHT TO REVIVE THE APPEALS IF THERE IS NO FAIR AND EQUITABLE SETTLEMENT ITA-5468/D/2011 & OTHERS 2 UNDER THE DISPUTE RESOLUTION SCHEME, 2016 OR IF THE ASSESSEES APPLICATION UNDER DISPUTE RESOLUTION SCHEME IS REJE CTED, WITHDRAWN OR CANCELLED. 3. LEARNED CIT-DR SHRI RAVI JAIN HAS NO OBJECTION T O THE WITHDRAWAL OF THE ABOVE APPEALS BY THE ASSESSEE. 4. AFTER CONSIDERING THE SUBMISSIONS OF BOTH THE SI DES, WE PERMIT THE ASSESSEE TO WITHDRAW THESE APPEALS. IN CASE TH E PETITIONERS APPLICATION UNDER THE DISPUTE RESOLUTION SCHEME, 20 16 IS REJECTED IN WHOLE OR IN PART, THE PETITIONER SHALL BE AT LIBERT Y TO TAKE APPROPRIATE STEPS IN THE MATTER. WITH THE ABOVE REMARK, THE AP PEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 5. IN THE RESULT, ALL THE FIVE APPEALS OF THE ASSES SEE ARE DISMISSED AS WITHDRAWN. DECISION PRONOUNCED IN THE OPEN COURT ON 03.01.2017 . SD/- SD/- (KULDIP SINGH (KULDIP SINGH (KULDIP SINGH (KULDIP SINGH ) )) ) ( (( ( G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL G.D. AGRAWAL ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S ASIA SATELLITE TELECOMMUNICA TIONS CO.LTD., M/S ASIA SATELLITE TELECOMMUNICATIONS CO.LTD., M/S ASIA SATELLITE TELECOMMUNICATIONS CO.LTD., M/S ASIA SATELLITE TELECOMMUNICATIONS CO.LTD., C/O PRICEWATERHOUSECOOPERS (P) LTD., C/O PRICEWATERHOUSECOOPERS (P) LTD., C/O PRICEWATERHOUSECOOPERS (P) LTD., C/O PRICEWATERHOUSECOOPERS (P) LTD., BUILD BUILD BUILD BUILDING NO.10, TOWER ING NO.10, TOWER ING NO.10, TOWER ING NO.10, TOWER- -- -C, C,C, C, 18 1818 18 TH THTH TH FLOOR, DLF CYBER CITY, GURGAON FLOOR, DLF CYBER CITY, GURGAON FLOOR, DLF CYBER CITY, GURGAON FLOOR, DLF CYBER CITY, GURGAON 122 002. 122 002. 122 002. 122 002. 2. RESPONDENT : ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1(1), INTERNATIONAL TAXATION 1(1), INTERNATIONAL TAXATION 1(1), INTERNATIONAL TAXATION 1(1), INTERNATIONAL TAXATION NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR