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Income Tax Appellate Tribunal, DELHI BENCH ‘I-2’ : NEW DELHI
Before: SHRI KULDIP SINGH & SHRI PRASHANT MAHARISHI
PER BENCH :
Appellant, M/s. LG CNS India Pvt. Ltd. (hereinafter referred
to as ‘the assessee’), by filing the present appeals, sought to set
aside the impugned orders dated 16.12.2014 (ITA (TP)
No.181/Bang./2015) passed by the Commissioner of Income-tax
(Appeals)-4, Bangalore qua the assessment year 2011-12 and dated
29.01.2015 (ITA (TP) No.530/Bang./2015) passed by the
Assessing Officer qua the assessment year 2010-11.
Appellant, DCIT, Circle 4 (1)(1), New Delhi (hereinafter
referred to as ‘the Revenue’), by filing the present appeals, sought
to set aside the impugned orders dated 16.12.2014 (ITA (TP)
No.300/Bang./2015) passed by the Commissioner of Income-tax
(Appeals)-4, Bangalore qua the assessment year 2011-12; and
dated 29.01.2015 (ITA (TP) No.510/Bang./2015) passed by the
Assessing Officer qua the assessment year 2010-11.
3 ITA (TP) No.181/BANG./2015 ITA (TP) No.530/BANG./2015 ITA (TP) No.300/BANG./2015 ITA (TP) No.510/BANG./2015 3. Ld. Counsel for the assessee filed an application seeking
withdrawal of the appeals on the ground that the assessee has opted
to settle the dispute relating to the tax arrears for the assessment
year under consideration under the “Vivad Se Vishwas Scheme,
2020” and has filed necessary Forms 1 & 2 with the Tax
Department, which was accepted and processed vide Form 3 issued
by the Tax Department.
Keeping in view the aforesaid facts, present appeals are
hereby dismissed with liberty to get it restored by the assessee in
case dispute is not settled as per scheme. The Revenue has no
objection with regard to the aforesaid caveat. Consequently, all the
appeals filed by the assessee as well as Revenue are hereby
dismissed. Order pronounced in open court on this 16th day of February, 2021 after the conclusion of the virtual hearing.
Sd/- sd/- (PRASHANT MAHARISHI) (KULDIP SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated the 16TH day of February, 2021 TS
4 ITA (TP) No.181/BANG./2015 ITA (TP) No.530/BANG./2015 ITA (TP) No.300/BANG./2015 ITA (TP) No.510/BANG./2015 Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.CIT(A). 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.