ACIT, Circle- 22(2), New Delhi v. Swatch Group (India) Pvt. Ltd., New Delhi

ITA 6912/DEL/2017 | 2009-2010
Pronouncement Date: 11-03-2021 | Result: Dismissed

Appeal Details

RSA Number 691220114 RSA 2017
Assessee PAN AAFCS7516R
Bench Delhi
Appeal Number ITA 6912/DEL/2017
Duration Of Justice 3 year(s) 3 month(s) 24 day(s)
Appellant ACIT, Circle- 22(2), New Delhi
Respondent Swatch Group (India) Pvt. Ltd., New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 11-03-2021
Appeal Filed By Department
Order Result Dismissed
Bench Allotted I
Tribunal Order Date 11-03-2021
Last Hearing Date 25-08-2020
First Hearing Date 25-08-2020
Assessment Year 2009-2010
Appeal Filed On 17-11-2017
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH I-2 NEW DELHI BEFORE SHRI AMIT SHUKLA JUDICIAL MEMBER & SHRI PRASHANT MAHARISHI ACCOUNTANT MEMBER I.T.AS. NO.6912 & 6913/DEL/2017 ASSESSMENT YEARS 2009-10 & 2010-11 ACIT CIRCLE-22(2) NEW DELHI. V. M/S. SWATCH GROUP (INDIA) PVT. LTD. 4 TH FLOOR RECTANGLE-1 PLOT NO. D-4 SAKET DISTRICT CENTRE NEW DELHI. TAN/PAN: AAFCS7516R (APPELLANT) (RESPONDENT) I.T.AS. NO.6409 & 6410/DEL/2017 ASSESSMENT YEARS 2009-10 & 2010-11 M/S. SWATCH GROUP (INDIA) PVT. LTD. 4 TH FLOOR RECTANGLE-1 PLOT NO. D-4 SAKET DISTRICT CENTRE NEW DELHI. V. DCIT CIRCLE-22(2) NEW DELHI. TAN/PAN: AAFCS7516R (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI S. CHAKAR BARTU ADV. DEPARTMENT BY: M. BARANWAL SR.D.R. DATE OF HEARING: 11 03 2021 DATE OF PRONOUNCEMENT: 03 2021 O R D E R PER BENCH: THE AFORESAID CROSS APPEALS HAVE BEEN FILED BY THE ASSESSEE AS WELL AS BY THE REVENUE AGAINST THE IMPU GNED COMMON ORDER DATED 30.06.2017 PASSED BY COMMISSIONE R OF I.T.A. NO.6912 6910 6409 6410/DEL/2017 2 INCOME TAX (APPEALS)-XXXVIII NEW DELHI FOR THE ASS ESSMENT YEARS 2009-10 AND 2010-11. 2. WE HAVE HEARD LD. REPRESENTATIVES OF BOTH THE PA RTIES THROUGH VIDEO CONFERENCING. 3. THE LD. COUNSEL FOR THE ASSESSEE VIDE ITS LETTE R DATED 8 TH MARCH 2021 HAS INTIMATED THE TRIBUNAL THAT THE ASS ESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS ACT 2020 (IN SHORT THE ACT) AND REQUESTE D FOR WITHDRAWAL OF THE AFORESAID APPEALS AND FORM NO.3 H AS ALSO BEEN ISSUED IN FAVOUR OF THE ASSESSEE. HE THEREFOR E SEEKS PERMISSION TO WITHDRAW THE APPEAL. 4. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSE E AS WELL AS REVENUE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 11 TH MARCH 2021 SD/- SD/- [PRASHANT MAHARISHI] [AMIT SHUKLA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 11 TH MARCH 2021 PKK: