Continental Rico Hydraulics Brakes India Pvt. Ltd.,, Gurgaon v. ACIT, Gurgaon

ITA 2851/DEL/2016 | 2009-2010
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 285120114 RSA 2016
Assessee PAN AADCC2635B
Bench Delhi
Appeal Number ITA 2851/DEL/2016
Duration Of Justice 4 year(s) 9 month(s) 23 day(s)
Appellant Continental Rico Hydraulics Brakes India Pvt. Ltd.,, Gurgaon
Respondent ACIT, Gurgaon
Appeal Type Income Tax Appeal
Pronouncement Date 12-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted C
Tribunal Order Date 12-03-2021
Last Hearing Date 03-03-2020
First Hearing Date 03-03-2020
Assessment Year 2009-2010
Appeal Filed On 19-05-2016
Judgment 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 (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI SHRI SHRI SHRI K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S SS S . .. . 2851 2851 2851 2851 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 6 66 6 & 2852/DEL/2016 & 2852/DEL/2016 & 2852/DEL/2016 & 2852/DEL/2016 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : 2 : 2: 2 : 2 0 00 0 09 0909 09 - -- - 10 1010 10 & 2010 & 2010 & 2010 & 2010 - -- - 11 1111 11 M/S CONTINENTAL RICO M/S CONTINENTAL RICO M/S CONTINENTAL RICO M/S CONTINENTAL RICO HYDRAULICS BRAKES INDIA (P) HYDRAULICS BRAKES INDIA (P) HYDRAULICS BRAKES INDIA (P) HYDRAULICS BRAKES INDIA (P) LTD. LTD. LTD. LTD. PLOT NO.179/180 SECTOR PLOT NO.179/180 SECTOR PLOT NO.179/180 SECTOR PLOT NO.179/180 SECTOR- -- -5 5 5 5 IFT MANESAR GURGAON. IFT MANESAR GURGAON. IFT MANESAR GURGAON. IFT MANESAR GURGAON. PAN : AADCC2635B. PAN : AADCC2635B. PAN : AADCC2635B. PAN : AADCC2635B. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TAX INCOME TAX INCOME TAX INCOME TAX CIRCLE CIRCLE CIRCLE CIRCLE- -- -1(1) 1(1) 1(1) 1(1) GURGAON. GURGAON. GURGAON. GURGAON. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RE SPONDENT BY : SHRI M. BARANWAL SENIOR DR. DATE OF HEARING : 12 1212 12.03 .03.03 .03.2021 .2021 .2021 .2021 DATE OF PRONOUNCEMENT : 12 1212 12.03 .03.03 .03. .. .2021 2021 2021 2021 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU VP VPVP VP : :: : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2009- 10 & 2010-11 ARE DIRECTED AGAINST THE ORDER OF LEAR NED CIT(A)-1 GURGAON DATED 15 TH MARCH 2016. 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE VIDE LETTERS DATE D 18 TH FEBRUARY 2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FI LED BY IT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE R ELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATIO N UNDER THE VIVAD SE VISHWAS SCHEME 2020. CERTIFICATES TO THIS EFFE CT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 H AVE ALSO BEEN FILED. ITA-2851 & 2852/DEL/2016 2 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 12 TH MARCH 2021. SD/- SD/- ( (( ( K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ITAT ASSISTANT REGISTRAR