Assistant Commissioner of Income tax, New Delhi V. GE Engine Services LLC, United States of America

MA 103/DEL/2024

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 7848 (ITAT-DELHI)
• Duration Of Justice: 1 month(s) 10 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 15-04-2024
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 04-04-2024
• Assessment Year: misc
• Appeal Filed On: 05-03-2024
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘D’: NEW DELHI BEFORE, SHRI G.S. PANNU, VICE PRESIDENT AND SHRI ANUBHAV SHARMA, JUDICIAL MEMBER MA No.103/Del/2024 (Arising out of SA No.64/Del/2024) ASSESSMENT YEAR 2021-22 Assistant Commissioner of Income Tax, New Delhi Vs. GE Engine Service LLC United States of America C/o 1 st Floor, Building 7-A Standard Chartered Building, DLF Cyber City Phase-III Gurugram-122002 Haryana PAN-AADCG 1809R (Appellant) (Respondent) Assessee by Sh. Ravi Sharma, Adv. & Ms. Shruti Khimta, AR Department by Sh. Amit Katoch, Sr. DR Date of Hearing 05/04/2024 Date of Pronouncement 16/04/2024 ORDER PER ANUBHAV SHARMA, JM: This application in hand moved by assessee for seeking a rectification in order of the Bench in Stay Application No. 64/Del/2024 passed on 23/02/2024. 2. M.A. No.103/Del/2024 ACIT vs. G E Engine Services LLC. Page 2 of 3 42. The Ld. AR submitted that the refund which has directed to be adjusted against the outstanding demand for AY 2021-22 is about 40% of the demand and generally the adjustment is restricted to 20% of the outstanding demand. 3. Having considered the facts and circumstances of the issue involved, we find no ground to make any rectification as merits of the application were considered and on that basis the order was passed by giving assessee only an opportunity of early hearing instead of claim of stay of demand. The application in hand as moved has no merit. 4. In the result, this Miscellaneous Application filed by assessee is dismissed. Order pronounced in the open Court on 16/04/2024. Sd/- Sd/- (G. S. PANNU) (ANUBHAV SHARMA) VICE PRESIDENT JUDICIAL MEMBER Dated: 16/04/2024 Pk Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 3. M.A. No.103/Del/2024 ACIT vs. G E Engine Services LLC. Page 3 of 3 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI