Case Number: ITA 1128/DEL/2019
Appellant: Subway Systems India Pvt Ltd, New Delhi
Respondent: DCIT, Circle-24(2), New Delhi
Assessment Year: 2014-15
Result: 2014-15
Case Filed On: 2019-02-12
Order Type: Final Tribunal Order
Date of Order: 2020-12-10
Pronounced On: 2020-12-10
IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH ‘A’, NEW DELHI
(Through Video Conferencing)
BEFORE
SHRI G.S. PANNU, VICE PRESIDENT
AND
SHRI AMIT SHUKLA, JUDICIAL MEMBER
ITA Nos. 3647 & 1128/Del/2019
Assessment Years: 2009-10 & 2014-15
Appellant:
M/s Subway Systems India Pvt Ltd
Level-2, Elegance, Mathura Road, Jasola,
New Delhi – 110 025
PAN: AAGCS5808M
Respondent:
DCIT, Circle-24(2),
New Delhi
Appellant by: Mr. Jimmy Bhatt, CA
Respondent by: Mr. Shri Prakash Dubey, Sr. DR
Date of Hearing: 10.12.2020
Date of Pronouncement: 10.12.2020
PER G.S. PANNU, VP:
These appeals by the assessee for the assessment years 2009-10 and 2014-15 are directed against the order of learned CIT(A)-16, New Delhi dated 25th February, 2019 and the Order of the Learned Assessing Officer dated 29th November, 2018 respectively.
2. The learned counsel for the assessee, vide email dated 4th December, 2020, has requested for withdrawal of the appeals filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment years under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 in both the appeals 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 appeals.
5. In the result, both the appeals of the assessee are dismissed as withdrawn.
Above decision was announced in the presence of both the sides on conclusion of Virtual Hearing on 10th December, 2020.
Sd/- Sd/-
(AMIT SHUKLA) (G.S. PANNU)
JUDICIAL MEMBER VICE PRESIDENT
Copy forwarded to:
Assistant Registrar
ITAT, New Delhi
This case was filed by Subway Systems India Pvt Ltd, New Delhi, against the DCIT, Circle-24(2), New Delhi, challenging the tax assessment for the year 2014-15. The case was part of the Income Tax Appellate Tribunal proceedings and was heard by the Delhi Bench ‘A’. The appellant requested to withdraw the appeal as they opted to settle the tax dispute under the Vivad Se Vishwas Scheme, 2020. Consequently, the Tribunal accepted the request and dismissed the appeals as withdrawn.
Subway Systems India Pvt Ltd vs. DCIT Circle-24(2), New Delhi – ITA 1128/DEL/2019
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