MERGERMARKET LTD. , UNITED KINGDOM v. ACIT (INTERNATIONAL TAXATION) -3(2)(1), MUMBAI, MUMBAI

ITA 5995/MUM/2019 | 2016-2017
Pronouncement Date: 03-03-2021 | Result: Dismissed

Appeal Details

RSA Number 599519914 RSA 2019
Bench Mumbai
Appeal Number ITA 5995/MUM/2019
Duration Of Justice 1 year(s) 5 month(s) 12 day(s)
Appellant MERGERMARKET LTD. , UNITED KINGDOM
Respondent ACIT (INTERNATIONAL TAXATION) -3(2)(1), MUMBAI, MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 03-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted I
Tribunal Order Date 03-03-2021
Last Hearing Date 04-01-2021
First Hearing Date 04-01-2021
Assessment Year 2016-2017
Appeal Filed On 20-09-2019
Judgment Text
ITA NO.5995/MUM/2019 MERGERMARKET LIMITED ASSESSMENT YEAR: 2016-17 1 IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH MUMBAI BEFORE HONBLE SHRI MAHAVIR SINGH VP AND HONBLE SHRI MANOJ KUMAR AGGARWAL AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.5995/MUM/2019 ( / ASSESSMENT YEAR : 2016-17) MERGERMARKET LIMITED 10 QUEEN STREET PLACE LONDON EC4R 1BE UK LONDON UK / VS. A CIT (INTL. TAX.) - 3( 2 ) ( 1 ) ROOM NO.1607 AIR INDIA BUILDING NARIMAN POINT MUMBAI-400 021. + ./ ./PAN/GIR NO. AAHCM-8084-E ( . /APPELLANT ) : ( /0 . / RESPONDENT ) ASSESSEE BY : SHRI MADHUR AGARWAL-LD.AR (LETTER/EMAIL DT. 25/02/2021) REVENUE BY : SHRI S.S. IYENGAR-LD. SR.DR / DATE OF HEARING : 03/03/2021 / DATE OF PRONOUNCEMENT : 03/03/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2016-17 CONTEST FINAL ASSESSMENT ORDER DATED 23/07/2019 PAS SED BY LEARNED ASSESSING OFFICER U/S 143(3) R.W.S. 144C(13). 2. THE LD. AR AT THE OUTSET SUBMITTED THAT THE AS SESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE UNDER DIRECT TAX VIVAD SE VISHWAS ITA NO.5995/MUM/2019 MERGERMARKET LIMITED ASSESSMENT YEAR: 2016-17 2 SCHEME (VSV SCHEME) 2020 FOR THE YEAR UNDER CONSIDERATION AND FORM NO.3 HAS BEEN ISSUED BY APPROPRIATE AUTHORITY. THE LD. DR SUBMITTED THAT THE APPEAL MAY BE DISMISSED AS WITHDRAWN. 3. IN VIEW OF FOREGOING THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF T HE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 03 RD MARCH 2021. SD/- SD/- (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED : 03/03/2021 SR.PS JAISY VARGHESE !'! / COPY OF THE ORDER FORWARDED TO : 1. . / THE APPELLANT 2. /0 . / THE RESPONDENT 3. 7 ( ) / THE CIT(A) 4. 7 / CIT CONCERNED 5. 89/2: : / DR ITAT MUMBAI 6. 9;<= / GUARD FILE / BY ORDER / (DY./ASSTT.REGISTRAR) / ITAT MUMBAI.