Mckinsey & Company Inc. v. DCIT, (Int. Taxation)-3(2)(1), Mumbai
[Citation -2019-LL-0912-32]

Citation 2019-LL-0912-32
Appellant Name Mckinsey & Company Inc.
Respondent Name DCIT, (Int. Taxation)-3(2)(1), Mumbai
Court ITAT-Mumbai
Relevant Act Income-tax
Date of Order 12/09/2019
Assessment Year 2011-12
Judgment View Judgment
Keyword Tags withdrawal of appeal
Bot Summary: Aforesaid appeal by assessee for Assessment Year AY 2011-12 contest final assessment order dated 18/01/2016 on certain grounds of appeal. The Ld. AR, at the outset, placed on record letter dated 12/09/2019 to submit that the competent authorities of India and US have resolved the case under the provisions of Article 27 of India-US Tax Treaty and the assessee has accepted the terms of the agreement. Accordingly, the assessee wishes to withdraw the aforesaid appeal. The revenue did not raise any objection against the withdrawal of the appeal. Keeping in view the aforesaid submissions, the appeal is dismissed as not pressed. Order pronounced in the open court on 12th September, 2019.


IN INCOME TAX APPELLATE TRIBUNAL J BENCH, MUMBAI , , BEFORE HON BLE SHRI MAHAVIR SINGH, JM AND HON BLE SHRI MANOJ KUMAR AGGARWAL, AM I.T.A. No.1768/Mum/2016 (Assessment Year:2011-12) Mckinsey & Company Inc. DCIT (Int. Taxation)-3(2)(1) C/o SRBC & Associates LLP Scindia House /14th Floor, Ruby Ballard Estate Senapati Bapat Marg, Dadar (W) Vs. Mumbai 400 038 Mumbai-400028. PAN/GIR No. AAACM 8361R (Appellant) : (Respondent) /Appellant by : Shri Divesh Chawla, Ld.AR /Respondent by : Shri Anand Mohan Ld. CIT-DR : 12/09/2019 Date of Hearing : 12/09/2019 Date of Pronouncement ORDER Manoj Kumar Aggarwal (Accountant Member): - 1. Aforesaid appeal by assessee for Assessment Year [AY] 2011-12 contest final assessment order dated 18/01/2016 on certain grounds of appeal. 2 2. Ld. AR, at outset, placed on record letter dated 12/09/2019 to submit that competent authorities of India and US have resolved case under provisions of Article 27 of India-US Tax Treaty and assessee has accepted terms of agreement. Accordingly, assessee wishes to withdraw aforesaid appeal. revenue did not raise any objection against withdrawal of appeal. 3. Keeping in view aforesaid submissions, appeal is dismissed as not pressed. Order pronounced in open court on 12th September, 2019. Sd/- Sd/- (Mahavir Singh) (Manoj Kumar Aggarwal) / Judicial Member / Accountant Member Mumbai; Dated : 12/09/2019 Sr.PS:-Jaisy Varghese " Copy of Order forwarded to : 1. Appellant 2. Respondent 3. CIT(A) 4. ?/ CIT concerned 5. DR, ITAT, Mumbai 6. FGuard File BY ORDER, (Dy./Asstt.Registrar) , ITAT, Mumbai. Mckinsey & Company Inc. v. DCIT, (Int. Taxation)-3(2)(1), Mumbai
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