GKN Driveline (India) Ltd., Faridabad v. DCIT, Circle- 1, LTU, New Delhi

ITA 6605/DEL/2019 | 2010-2011
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 660520114 RSA 2019
Assessee PAN AAACG4276B
Bench Delhi
Appeal Number ITA 6605/DEL/2019
Duration Of Justice 1 year(s) 7 month(s) 3 day(s)
Appellant GKN Driveline (India) Ltd., Faridabad
Respondent DCIT, Circle- 1, LTU, New Delhi
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
Assessment Year 2010-2011
Appeal Filed On 08-08-2019
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI K. NARASIMHA CHARY JUDICIAL MEMBER ITA NO.6605 & 6606/DEL/2019 ASSESSMENT YEAR : 2010-11 & 2011-12 GKN DRIVELINE (INDIA) LIMITED 270 SECTOR-24 FARIBADAD HARYANA-121005 PAN-AAACG4276B VS. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1 LARGE TAX PAYER UNIT NEW DELHI-110017 (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SH. M. BARANWAL SR. DR DATE OF HEARING : 12.03.2021 DATE OF PRONOUNCEMENT : 12.03.2021 ORDER PER G.S. PANNU VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2010-11 & 2011-12 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-22 NEW DELHI DATED 29.05.2019. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE DURING THE COURSE OF VIRTU AL HEARING BEFORE US. THE ASSESSEE VIDE ITS LETTER DATED 01.03.2 021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THA T THE ITA-6605 & 6606/DEL/2019 2 ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREAR S FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCH EME 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITH DRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 12 MARCH 2021. SD/- SD/- (K. NARASIMHA CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ITAT BY ORDER ASSISTANT REGISTRAR ITAT DELHI