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Income Tax Appellate Tribunal - Delhi

Asia Satellite Telecommunications Co. ... vs Adit, New Delhi on 3 January, 2017

               IN THE INCOME TAX APPELLATE TRIBUNAL
                     DELHI BENCH 'A
                                 'A': NEW DELHI

          BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT AND
               SHRI KULDIP SINGH,
                            SINGH, JUDICIAL MEMBER

         ITA Nos
             Nos.5468/Del/2011, 5410/Del/2014, 558/Del/2014,
                    563/Del/2015 & 952/Del/2016
                Assessment Years
                            Years : 2008-
                                    2008-09 to 2012-
                                               2012-13


M/s Asia Satellite               Vs.    Assistant Director of Income Tax,
Telecommunications Co.Ltd.,             Circle-
                                        Circle-1(1),
C/o PricewaterhouseCoopers              International Taxation
                                                      Taxation
(P) Ltd.,                               New Delhi.
Building No.10, Tower-
                 Tower-C,
18th Floor, DLF Cyber City,
Gurgaon - 122 002.
PAN : AADCA7848N.
     (Appellant)                           (Respondent)

            Appellant by         :     Shri Kanchun Kaushal, Advocate
                                       and Shri Rohit Tiwari, CA.
            Respondent by        :     Shri Ravi Jain, CIT-DR.

     Date of hearing             :     03.01.2017
     Date of pronouncement       :     03.01.2017

                                 ORDER

PER G.D. AGRAWAL, VP :-

These appeals by the assessee for the assessment years 2008- 09 to 2012-13 are directed against the directions of learned Dispute Resolution Panel-I, New Delhi.

2. At the time of hearing before us, Shri Kanchun Kaushal, learned Advocate appeared on behalf of the assessee and requested for withdrawal of all the above five appeals filed by the assessee. He also filed a letter dated 27th December, 2016 to this effect. He stated that the assessee is in the process of applying for Dispute Resolution Scheme, 2016 to settle its disputes in this year and also other years. He, however, has requested that the assessee may be granted the right to revive the appeals if there is no fair and equitable settlement 2 ITA-5468/D/2011 & others under the Dispute Resolution Scheme, 2016 or if the assessee's application under Dispute Resolution Scheme is rejected, withdrawn or cancelled.

3. Learned CIT-DR Shri Ravi Jain has no objection to the withdrawal of the above appeals by the assessee.

4. After considering the submissions of both the sides, we permit the assessee to withdraw these appeals. In case the petitioner's application under the Dispute Resolution Scheme, 2016 is rejected in whole or in part, the petitioner shall be at liberty to take appropriate steps in the matter. With the above remark, the appeals of the assessee are dismissed as withdrawn.

5. In the result, all the five appeals of the assessee are dismissed as withdrawn.

Decision pronounced in the open Court on 03.01.2017.

                  Sd/-                                   Sd/-
          (KULDIP SINGH)
                  SINGH)                          (G.D. AGRAWAL)
                                                        AGRAWAL)
        JUDICIAL MEMBER                           VICE PRESIDENT

VK.

Copy forwarded to: -

1. Appellant : M/s Asia Satellite Telecommunications Co.Ltd., C/o PricewaterhouseCoopers (P) Ltd., Building Building No.10, Tower-

Tower-C, th 18 Floor, DLF Cyber City, Gurgaon - 122 002.

2. Respondent : Assistant Director of Income Tax, Circle-

Circle-1(1), International Taxation New Delhi.

3. CIT

4. CIT(A)

5. DR, ITAT Assistant Registrar