Taisei Oncho India (P) Ltd., New Delhi V. ACIT, New Delhi

ITA 976/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2762 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2012-2013
• Appeal Filed On: 20-02-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: AGAINST DATED PASSED
• Section: 143(3); 144C

Judgement Text

1 ITA NO. 976/DEL/2017 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: -I-2 NEW DELHI BEFORE SHRI N. K. BILLAIYA, ACCOUNTANT MEMBER AND MS SUCHITRA KAMBLE, JUDI CIAL MEMBER I.T.A. NO. 976/DEL/201 7 (A.Y 2012-13) (THROUGH VIDEO CON FERENCING) TAISEI ONCHO INDIA (P) LTD. 317, 3 RD FLOOR, SQUARE ONE, DISTRICT CENTRE, SAKET, NEW DELHI AADCT3426D (APPELLANT) VS ACIT CIRCLE-25(1) 1 ST FLOOR, C. R. BUILDING NEW DELHI (RESPONDENT) ORDER PER SUCHITRA KAMBLE, JM THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE O RDER DATED 25/11/2016 PASSED BY 143(3) READ WITH SECTION 144C OF THE INCO ME TAX ACT, 1961 FOR ASSESSMENT YEAR 2012-13. 2. BEFORE US, THE LD. AR ON BEHALF OF THE ASSESSEE AT THE TIME OF HEARING SUBMITTED THAT THE ASSESSEE IS INTERESTED TO RESOLV E THE PENDING ISSUE THROUGH DIRECT TAX VIVAD SE VISHWAS SCHEME (VSV) ACT, 20 20, AND FILED DECLARATION FORM NO. 1 & 2. 3. IN VIEW OF THE AFORESAID FACTS AND AFTER CONSIDE RING THE SUBMISSIONS OF THE ASSESSEE, WE DISMISS THE APPEAL OF ASSESSEE AS WITHDRAWN SUBJECT TO A APPELLANT BY SH. ARPIT GOEL, ADV RESPONDENT BY SH. M. BARANWAL, SR. DR DATE OF HEARING 25.02.2021 DATE OF PRONOUNCEMENT 25.02.2021 2 ITA NO. 976/DEL/2017 CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARR EARS FOR THE CAPTIONED ASSESSMENT YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESAID ACT, THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUN AL FOR REINSTITUTION OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER DIRECTIONS T HE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. ORDER PRONOUNCED IN THE OPEN COURT IN PRESENCE OF B OTH THE PARTIES ON THIS 25 TH DAY OF FEBRUARY, 2021 SD/- SD/- (N. K. BILLAIYA) (SUCHITRA KAMBLE) ACCOUNTANT MEMBER JUDICIAL MEM BER DATED: 25/02/2021 R. NAHEED * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI