GAP International Sourcing (India) Pvt. Ltd., New Delhi v. DCIT, Circle-10(1), New Delhi

ITA 7452/DEL/2018 | 2011-2012
Pronouncement Date: 18-03-2021 | Result: Dismissed

Appeal Details

RSA Number 745220114 RSA 2018
Assessee PAN AACCG3437E
Bench Delhi
Appeal Number ITA 7452/DEL/2018
Duration Of Justice 2 year(s) 3 month(s) 22 day(s)
Appellant GAP International Sourcing (India) Pvt. Ltd., New Delhi
Respondent DCIT, Circle-10(1), New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 18-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted I1
Tribunal Order Date 18-03-2021
Last Hearing Date 18-03-2021
First Hearing Date 18-03-2021
Assessment Year 2011-2012
Appeal Filed On 26-11-2018
Judgment Text
IN TH E INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : I - 1 : NEW DELHI BEFORE SHRI R. K. PANDA ACCOUNTANT MEMBER AND SHRI KULDIP SINGH JUDICIAL MEMBER ITA NO. 7452 /DEL/201 8 ASSESSMENT YEAR : 20 1 1 - 12 GAP INTERNATIONAL SOURCING (INDIA) PVT. LTD. UNIT NO.201 DLF SOUTH COURT DISTRICT CENTRE SAKET NEW DELHI. PAN: AACCG3437E VS DCIT CIRCLE - 10(1) NEW DELHI. (APP ELL A NT ) (RESPONDENT) A SSESSEE BY : SHRI NISHANT SAINI & SHRI SHASHANK CHOUDHARY. RE VENUE BY : SHRI SURENDERPAL CIT DR DATE OF HEARING : 18.03. 20 2 1 DATE OF PRONOUNCEMENT : 18 . 0 3 . 20 2 1 ORDER PER R. K. PANDA AM : T HIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DATED 27 TH SEPTEMBER 201 8 PASSED BY THE AO U/S 143(3) R.W.SS 144C AND 254 OF THE IT ACT 1961 RELATING TO ASSESSMENT YEAR 20 11 - 12. 2. THE LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE ASSESSEE HAD FILED A RECTIFICATION APPLICATION BEFORE THE DRP WHO PASSED THE ORDE R O N 11 TH DECEMBER 2018 WHEREIN THE DRP ITA NO. 7452 /DEL/201 8 2 ACCEPTED THE CONTENTION OF THE ASSESSEE AND DIRECTED THE TPO TO RECOMPUTE THE ADJUSTMENT . SUBSEQUENTLY THE TPO DELETED THE ENTIRE ADDITION AND THEREFORE THIS APPEAL BECOMES INFRUCTUOUS. HE ACCORDINGLY SUBMITTED THAT THE APPEAL FILED BY THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 3. IN ABSENCE OF ANY OBJECTION FROM THE SIDE OF THE LD. DR THE REQUEST OF THE ASSESSEE SEEKING WITHDRAWAL OF THE APPEAL IS ACCEPTED. THE APPEAL OF THE ASSESSEE IS ACCORDINGLY DISMISS ED AS WITHDRAWN. 4 . IN THE RESULT THE APPEAL FILED BY THE ASSESSEES IS DISMISSED. THE DECISION WAS PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ITSELF I.E. ON 18 .0 3 .20 21 . SD/ - SD/ - ( KULDIP SINGH ) ( R. K. PANDA ) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 18 TH MARCH 2021. DK COPY FORWARDED TO : 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASSTT. REGISTRAR ITAT NEW DELHI