Omron Automotive Components India Pvt. Ltd., Gurgaon DCIT, Gurgaon

Last updated: 24 December 2020
Quick Summary
Omron Automotive Components India Pvt Ltd has withdrawn its appeal concerning the 2010-11 assessment year. The company decided to settle its tax dispute by opting into the Vivad Se Vishwas Scheme, 2020. Consequently, the Income Tax Appellate Tribunal has closed the appeal.

Court :
ITAT New Delhi

Brief :
This appeal filed by the assessee is directed against the order dated 18.03.2016 passed by the CIT(A)-1, Gurgaon, for assessment year 2010-11.

Citation :
ITA No.3621/Del/2016

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH : I-2 : DELHI
(Through Virtual Hearing)

BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER
AND
SHRI KULDIP SINGH, JUDICIAL MEMBER
ITA No.3621/Del/2016
Assessment Year: 2010-11

Omron Automotive Components
India Pvt. Ltd.,
108 & 103-106, First Floor,
Sewa Corporate Park, MG Road,
Gurgaon.
PAN : AAACO9352N
(Appellant) 

Vs

 DCIT,
Circle-2,
Gurgaon.
(Respondent)

Assessee by : Shri Siddhesh Chaugule, CA
Revenue by : Shri Baranwal, Sr.DR
Date of Hearing : 21.12.2020
Date of Pronouncement : 21.12.2020

ORDER

PER R.K. PANDA, AM:

This appeal filed by the assessee is directed against the order dated 18.03.2016 passed by the CIT(A)-1, Gurgaon, for assessment year 2010-11.

2. The ld. Counsel for the assessee, at the time of hearing, filed an application seeking withdrawal of the appeal filed by the assessee stating 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.

3. Considering the aforesaid situation, the captioned appeal is consigned to records and treated as dismissed.

To know more in details find the attachment file
 

FAQ :

The appeal concerns Omron Automotive Components India Pvt Ltd for the assessment year 2010-11.

The appeal was withdrawn because the assessee opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020.

The Vivad Se Vishwas Scheme is a government initiative to settle tax disputes.

The appeal has been consigned to records and treated as dismissed.

 
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