AOL Online India Private Limited, Bangalore v. DCIT, Bangalore

CO 126/BANG/2015 | 2010-2011
Pronouncement Date: 03-03-2021 | Result: Dismissed

Appeal Details

RSA Number 12621123 RSA 2015
Assessee PAN AABCN2578G
Bench Bangalore
Appeal Number CO 126/BANG/2015
Duration Of Justice 5 year(s) 8 month(s) 1 day(s)
Appellant AOL Online India Private Limited, Bangalore
Respondent DCIT, Bangalore
Appeal Type Cross Objection
Pronouncement Date 03-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted B
Tribunal Order Date 03-03-2021
Date Of Final Hearing 03-03-2021
Next Hearing Date 03-03-2021
Last Hearing Date 05-10-2020
First Hearing Date 11-06-2020
Assessment Year 2010-2011
Appeal Filed On 02-07-2015
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI N. V. VASUDEVAN VICE PRESIDENT AND SHRI CHANDRA POOJARI ACCOUNTANT MEMBER IT (TP) A NO. 408 /BANG/20 15 ASSESSMENT YEAR : 2010-11 DCIT CIRCLE 1(1)(1) BENGALURU. VS. M/S. ADL ONLINE INDIA PVT. LIMITED 401 PRESTIGE MERIDIENT-II 30 M. G. ROAD BENGALURU. PAN : AABCN 2578 G APPELLANT RESPONDENT C.O. NO.126/BANG/2015 (IN IT(TP)A NO.408/BANG/2015) ASSESSMENT YEAR : 2010-11 M/S. ADL ONLINE INDIA PVT. LIMITED BENGALURU. PAN : AABCN 2578 G VS. DCIT CIRCLE 1(1)(1) BENGALURU. APPELLANT RESPONDENT REVENUE BY : SHRI. MUZAFAR HUSSAIN CIT(DR)(ITAT) BENGALURU. ASSESSEE BY : SHRI . SIDDHESH CHAUGULE DATE OF HEARING : 03-03-2021 DATE OF PRONOUNCEMENT : 03-03-2021 O R D E R PER BENCH: THESE ARE CROSS APPEALS BY THE REVENUE AND THE ASSESSEE AGAINST THE ASSESSMENT ORDER DATED 23.01.2015 RELATING TO ASSESSMENT YEAR 2010-11. IT(TP)A NO.408/BANG/2015 C.O. NO.126/BANG/2015 PAGE 2 OF 3 2. THE LEARNED AR OF THE ASSESSEE ORALLY SUBMITTED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE IN THESE APPEALS UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME 2020 AND HAS REQUESTED FOR ADJOURNMENT OF THE APPEALS. 3. IN THE COURSE OF HEARING IT WAS THE PROPOSITION PUT FORWARD BY THE BENCH THAT UNDER THESE FACTS THE APPEALS OF THE ASSESSEE MAY BE DISMISSED AS WITHDRAWN AND LIBERTY MAY BE GRANTED TO THE ASSESSEE TO APPROACH THIS TRIBUNAL FOR RECALL OF THIS ORDER UNDER SECTION 254(2) OF THE ACT IN CASE THE ASSESSEE FINALLY OPTS OUT OF VIVAD SE VISHWAS SCHEME 2020. IN REPLY IT WAS SUBMITTED BY LEARNED AR OF THE ASSESSEE THAT IF THE LIBERTY IS GRANTED TO THE ASSESSEE THEN WE HAVE NO OBJECTION ABOUT DISMISSAL OF THE APPEALS AS WITHDRAWN. 4. THE APPEALS ARE ACCORDINGLY DISMISSED AS WITHDRAWN. THE ASSESSEE IS HOWEVER AT LIBERTY TO SEEK RECALL OF THIS ORDER IN CASE THE ASSESSEE IS NOT ABLE TO SETTLE THE DISPUTE UNDER THE SCHEME. 5. IN THE RESULT ASSESSEES APPEALS ARE DISMISSED. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/- SD/- BANGALORE DATED: 03-03-2021. /NS/* ( CHANDRA POOJARI ) (N. V. VASUDEVAN) ACCOUNTANT MEMBER VICE PRESIDENT IT(TP)A NO.408/BANG/2015 C.O. NO.126/BANG/2015 PAGE 3 OF 3 COPY TO: 1. APPELLANTS 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ITAT BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR ITAT BANGALORE.