Gail (India) Ltd., New Delhi v. DCIT (LTU), New Delhi

ITA 60/DEL/2019 | 2015-2016
Pronouncement Date: 03-03-2021 | Result: Dismissed

Appeal Details

RSA Number 6020114 RSA 2019
Assessee PAN AAACG1209J
Bench Delhi
Appeal Number ITA 60/DEL/2019
Duration Of Justice 2 year(s) 1 month(s) 29 day(s)
Appellant Gail (India) Ltd., New Delhi
Respondent DCIT (LTU), New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 03-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted C
Tribunal Order Date 03-03-2021
Assessment Year 2015-2016
Appeal Filed On 04-01-2019
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI D BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI KUL BHARAT JUDICIAL MEMBER ITA NO.543/DEL/2019 ASSESSMENT YEAR : 2014-15 M/S GAIL (INDIA) LTD. 16 BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI- 110066 PAN-AAACG1209J VS DCIT CIRCLE-LTU NEW DELHI. APPELLANT RESPONDENT ITA NO.544/DEL/2019 ASSESSMENT YEAR : 2015-16 M/S GAIL (INDIA) LTD. 16 BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI- 110066 PAN-AAACG1209J VS DCIT CIRCLE-LTU NEW DELHI. APPELLANT RESPONDENT ITA NO.60/DEL/2019 ASSESSMENT YEAR : 2015-16 M/S GAIL (INDIA) LTD. 16 BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI- 110066 PAN-AAACG1209J VS A CIT CIRCLE-LTU NEW DELHI. APPELLANT RESPONDENT ITA NO.59/DEL/2019 ASSESSMENT YEAR : 2014-15 M/S GAIL (INDIA) LTD. 16 BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI- 110066 PAN-AAACG1209J VS D CIT CIRCLE-LTU NEW DELHI. APPELLANT RESPONDENT ITA NO.7512/DEL/2019 ASSESSMENT YEAR : 2016-17 ACIT CIRCLE-LTU NEW DELHI VS M/S GAIL (INDIA) LTD. 16 BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI-110066 PAN-AAACG1209J APPELLANT RESPONDENT ITA NOS. 59 543 60 544 7341 & 7512/DEL/2019 ITA NO.7341/DEL/2019 ASSESSMENT YEAR : 2016-17 M/S GAIL (INDIA) LTD. 16 GAIL BHAWAN BHIKAJI CAMA PLACE R.K. PURAM NEW DELHI-110066 PAN-AAACG1209J VS DCIT CIRCLE-LTU NEW DELHI. APPELLANT RESPONDENT APPELLANT BY SH. VIBHU GUPTA C.A RESPONDENT BY SH. M. BARANWAL SR. DR DATE OF HEARING 03.03.2021 DATE OF PRONOUNCEMENT 03.03.2021 ORDER PER G.S. PANNU VP : THESE APPEALS BY THE ASSESSEE AND THE REVENUE FOR THE ASSESSMENT YEARS 2014-15 2015-16 AND 2016-17 ARE DIRECTED AGAINST THE ORDERS OF LEARNED CIT(A) NEW DELHI DATED 18.10.2018 19.10.2018 AND 29.06.2019 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEE VIDE ITS LETTER DATED 12.02.2021 RECEIVED THROUGH EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE CAPTIONED APPEALS. 5. IN VIEW OF THE AFORESAID THE APPEAL OF THE REVENUE IS DISMISSED AND THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ITA NOS. 59 543 60 544 7341 & 7512/DEL/2019 ABOVE DECISION WAS PRONOUNCED ON CONCLUSION OF VIRTUAL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 03.03.2021. SD/- SD/- (KUL BHARAT) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SH COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI