M/s. AstraZeneca India Private Limited - Appeals of the assessee are dismissed on filing applications under VSV Act


Quick Summary
AstraZeneca India Private Limited had appealed decisions from the CIT(A)-1, Bengaluru for the assessment years 2013-14 and 2014-15. However, the assessee chose to settle these disputes under the Direct Taxes Vivad Se Vishwas Act, 2020. Consequently, their appeals have been dismissed.

Court :
ITAT Bangalore

Brief :
The assessee has filed these appeals challenging the orderspassed by Ld CIT(A)-1, Bengaluru and they relate to the assessmentyear 2013-14 and 2014-15.

Citation :
ITA 2863/BANG/2017

IN THE INCOME TAX APPELLATE TRIBUNAL
“C’’ BENCH: BANGALORE

BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER

IT(TP)A Nos.2862&2863/Bang/2017
Assessment Years: 2013-14 & 2014-15

Astra Zeneca India Pvt. Ltd.
10th & 11th Floors
Neville Towers
Ramanujan IT City
TRIL Infopark Ltd.
Taramani
Rajiv Gandhi Salai (OMR)
Chennai-600 113
PAN NO : AABCA2389N
APPELLANT 

Vs.

Deputy Commissioner of
Income-tax Circle-1(1)(1)
Bengaluru
RESPONDENT

Appellant by : Shri C. Narayan, A.R.
Respondent by : Shri Pradeep Kumar, D.R.

Date of Hearing : 05.01.2021
Date of Pronouncement : 05.01.2021

O R D E R

PER B.R. BASKARAN, ACCOUNTANT MEMBER:

The assessee has filed these appeals challenging the orderspassed by Ld CIT(A)-1, Bengaluru and they relate to the assessmentyear 2013-14 and 2014-15.

2. The Ld A.R of the assessee has filed a letter stating that theassessee has opted to settle the dispute in these two appeals under Direct Taxes Vivad Se Vishwas Act, 2020. It is stated that theassessee has filed Form 1 & 2 and is awaiting Form no.3. Accordingly, he has prayed for adjournment.

To know more in details find the attachment file
 

FAQ :

The appeals filed by AstraZeneca India Private Limited have been dismissed.

The appeals were dismissed because AstraZeneca India Private Limited opted to settle the disputes under the Direct Taxes Vivad Se Vishwas Act, 2020.

The appeals relate to the assessment years 2013-14 and 2014-15.

The Vivad Se Vishwas Act, 2020 is an act that allows taxpayers to settle tax disputes.

 

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