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

ITA 870/DEL/2020 | 2011-2012
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 87020114 RSA 2020
Assessee PAN AAFCS7516R
Bench Delhi
Appeal Number ITA 870/DEL/2020
Duration Of Justice 1 year(s) 22 day(s)
Appellant Swatch Group (India) Pvt. Ltd., New Delhi
Respondent ACIT, Circle- 22(2), New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 12-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted I2
Tribunal Order Date 12-03-2021
Assessment Year 2011-2012
Appeal Filed On 20-02-2020
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.870/DEL/2020 ASSESSMENT YEAR : 2011-12 SWATCH GROUP (INDIA) PRIVATE LIMITED PLOT NO. D4 SAKET DISTRICT CENTRE NEW DELHI-110017 PAN : AAFCS7516R VS. COMMISSIONER OF INCOME TAX CIRCLE 22(2) NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : MS. SHUBHANGI ARORA AR 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 : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-43 NEW DELHI DATED 23.1 2.2019. 2. THE LEARNED COUNSEL FOR THE ASSESSEE VIDE ITS LETTER DATED 05 .03.2021 RECEIVED BY EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILE D BY HIM ITA-870/DEL/2020 2 AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER TH E VIVAD SE VISHWAS SCHEME 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 APPEAL. 5. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRA WN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 12 MARCH 2021 IN PRESENCE OF BOTH THE PARTIES. SD/- SD/- (K. NARASIMHA CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT U||T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ITAT BY ORDER ASSISTANT REGISTRAR ITAT DELHI