A B SANDVIK COROMANT,PUNE V. ASSISTANT COMMISSIONER OF INCOME-TAX (INT. TAX.), CIRCLE - 1, PUNE

ITA 111/PUN/2022

AI Insights

This case involves five appeals filed by different entities of the Sandvik Group against the orders of the Assistant Commissioner of Income Tax (International Taxation), Pune, for the assessment years 2017-18, 2019-20, and 2020-21. The appeals were consolidated for hearing due to their related subject matter. The primary legal issue was the assessees' challenge to the tax assessments made by the Income Tax Department. However, during the proceedings, the assessees decided to withdraw all their appeals following the receipt of Form 2 under the VSVS Scheme-2024, which is a scheme for the resolution of disputed tax cases. The Departmental Representative did not object to this withdrawal.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 397949 (ITAT-PUNE)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-06-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2017-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRAKASH L PATHADE
• Assessee Lawyers: YASH INAMDAR

Judgement Text

" आयकर अपीलीय अिधकरण ”सी” Ɋायपीठ पुणेमŐ। IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCHES “C” :: PUNE BEFORE DR.DIPAK P. RIPOTE, ACCOUNTANT MEMBER AND SHRI VINAY BHAMORE, JUDICIAL MEMBER आयकर अपील सं. / ITA No.111/PUN/2022 िनधाᭅरण वषᭅ / Assessment Year: 2017-18 AB Sandvik Coromant, C/o.Sandvik Coromant India Private Limited, Mumbai Pune Road, Dapodi, Pune – 411012. Maharashtra. V s The Assistant Commissioner of Income Tax(international Taxation), Circle-1, Pune. PAN: AABCA5161C Appellant/ Assessee Respondent / Revenue आयकर अपील सं. / ITA No.225/PUN/2023 िनधाᭅरण वषᭅ / Assessment Year: 2019-20 Sandvik IT Services AB (Formerly known as AB Sandvik Information Systems), C/o.Sandvik Coromant India Private Limited, Mumbai Pune Road, Dapodi, Pune – 411012. Maharashtra. V s The Assistant Commissioner of Income Tax(international Taxation), Circle-2, Pune. PAN: AADCA5375J Appellant/ Assessee Respondent / Revenue आयकर अपील सं. / ITA No.255/PUN/2023 िनधाᭅरण वषᭅ / Assessment Year: 2019-20 Sandvik AB, C/o.Sandvik Coromant India Private Limited, Mumbai Pune Road, Dapodi, Pune – 411012. Maharashtra. V s The Assistant Commissioner of Income Tax(international Taxation), Circle-2, Pune. PAN: AAHCS7486E Appellant/ Assessee Respondent / Revenue ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 2 आयकर अपील सं. / ITA No. 435/PUN/2024 िनधाᭅरण वषᭅ / Assessment Year: 2020-21 Sandvik IT Services AB (Formerly known as AB Sandvik Information Systems), C/o.Sandvik Coromant India Private Limited, Mumbai Pune Road, Dapodi, Pune – 411012. Maharashtra. V s The Assistant Commissioner of Income Tax(international Taxation), Circle-2, Pune. PAN: AADCA5375J Appellant/ Assessee Respondent / Revenue आयकर अपील सं. / ITA No. 627/PUN/2024 िनधाᭅरण वषᭅ / Assessment Year: 2020-21 Sandvik AB, C/o.Sandvik Coromant India Private Limited, Mumbai Pune Road, Dapodi, Pune – 411012. Maharashtra. V s The Assistant Commissioner of Income Tax(international Taxation), Circle-2, Pune. PAN: AAHCS7486E Appellant/ Assessee Respondent / Revenue Assessee by Shri Yash Inamdar – AR Revenue by Shri Prakash L Pathade – CIT(DR) Date of hearing 02/06/2025 Date of pronouncement 03/06/2025 आदेश/ ORDER PER BENCH : These Five Appeals filed by the assessees are directed against the separate orders of (IT) Circle-1, and (IT) Circle-2, u/s.143(3) rws 144C(13) Pune for the A.Y.2017-18 and A.Y.2019-20, A.Y.2020-21 respectively. All these five appeals were heard together and are being disposed off by this common order for the sake of convenience. ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 3 2. At the outset of hearing, ld.AR for the assessee submitted that they are in receipt of Form 2 under VSVS Scheme-2024, therefore, assessee intends to withdraw all these five appeals. Ld.AR filed written requests(five) for withdrawal are as under : ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 4 ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 5 ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 6 ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 7 3. On the other hand, the ld.Departmental Representative(ld.DR) of the Revenue did not object to the contention of the assessee and has no objection if the appeals of assessee are dismissed as withdrawn. ITA Nos.111/PUN/2022, 225, 255/PUN/2023 & 435, 627/PUN/2024 [A] 8 4. In view of the above, we permit to withdraw all five appeals of the assessees. Accordingly, grounds of appeal raised by the assessees in all the appeals are dismissed as withdrawn. 5. In the result, five appeals of the assessee are dismissed as withdrawn. Order pronounced in the open Court on 03 June, 2025. Sd/- Sd/- (VINAY BHAMORE) (DIPAK P.RIPOTE) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 03 June, 2025/ SGR आदेशकᳱᮧितिलिपअᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A), concerned. 4. The Pr. CIT, concerned. 5. िवभागीयᮧितिनिध, आयकर अपीलीय अिधकरण, “सी” बᱶच, पुणे / DR, ITAT, “C” Bench, Pune. 6. गाडᭅफ़ाइल / Guard File. आदेशानुसार / BY ORDER, // TRUE COPY // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे/ITAT, Pune. "