Flowserve US Inc, United States v. ACIT Circle- International Taxation - 1(3)(1), New Delhi

ITA 9732/DEL/2019 | 2015-2016
Pronouncement Date: 12-03-2021 | Result: Dismissed

Appeal Details

RSA Number 973220114 RSA 2019
Assessee PAN AABCF5584C
Bench Delhi
Appeal Number ITA 9732/DEL/2019
Duration Of Justice 1 year(s) 2 month(s) 15 day(s)
Appellant Flowserve US Inc, United States
Respondent ACIT Circle- International Taxation - 1(3)(1), New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 12-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 12-03-2021
Assessment Year 2015-2016
Appeal Filed On 26-12-2019
Judgment Text
1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AN D SHRI K.N. CHARY JUDICIAL MEMBER ITA NO. 9732/DEL/2019 & ITA N O. 9733/DEL/2019 ASSESSME NT YEAR 2015-16 FLOWSERVE MANAGEMENT COMPANY 5215 N O CONNOR BLVD SUITE IRVING TEXAS UNITED STATES 999999 (PAN: AABCF5584C) VS ASSTT. COMMISSIONER OF INCOME TAX CIRCLE INT. TAX-1(3) NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: NONE RESPONDENT BY: SHRI M. BARNWAL SR. DR DATE OF HEARING : 12.03.2021 DATE OF PRONOUNCEMENT : 12.03.2021 ORDER PER G.S. PANNU VICE PRESIDENT THESE APPEASL BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF LEARNED ASSTT. COMMISSIONER OF INCOME TAX INT TAX 1(3)(1) DATED 31.10.2019 AND PERTAIN TO ASSESSMENT YEAR 2015-16. 2. THE LEARNED COUNSEL FOR THE ASSESSEE VIDE LETT ER DATED 01.03.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER ITA 9733/DEL/2019 2 CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 20 20. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD S E VISHWAS ACT 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 12 TH MARCH 2021. SD/- SD/- (K.N. CHARY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ITAT BY ORDER ASSISTANT REGISTRAR