Claris Lifesciences Limited, Ahmedabad V. The Dy. Commissioner of Income Tax, Central Circle-2(1), Ahmedabad

CO 146/AHD/2016

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9159 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 10 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 06-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 23-06-2020
• Assessment Year: 2011-2012
• Appeal Filed On: 04-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, AHMEDABAD [THROUGH VIRTUAL COURT] BEFORE SHRI RAJPAL YADAV, VICE-PRESIDENT AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER CROSS OBJECTION NO.146/AHD/2016 IN ITA.NO.80/AHD/2015 / ASSTT.YEAR : 20129-12 ACIT, RANGE-1 AHMEDABAD. VS. CLARIS LIFESCIENCES LTD. CORPORATE TOWERS NR.PARIMAL CROSSING, ELLISBRIDGE, AHMEDABAD 380006 PAN : AAACC 6366 Q / (APPELLANT) / (RESPONDENT) ASSESSEE BY : WITHDRAWAL REVENUE BY : - / DATE OF HEARING : 06/08/2020 / DATE OF PRONOUNCEMENT: 06/08/2020 !'/ O R D E R PER RAJPAL YADAV, VICE-PRESIDENT THIS CROSS OBJECTION IS FILED BY THE ASSESSEE AGAIN ST THE APPEAL OF THE REVENUE IN ITA NO.80/AHD/2015. BY THIS CO ASSESSEE IS CHALLENGING ADDITION MADE BY THE AO BY WAY OF UPWARD ADJUSTMENT IN INTERNATIO NAL TRANSACTIONS. 2. ASSESSEE HAS FILED A LETTER DATED 13.7.2020 STAT ING THAT THEY WANT TO WITHDRAW ITS CO AND THEREFORE SEEKS PERMISSION FOR THE SAME. IN VIEW OF THE PRAYER OF THE ASSESSEE, WE DISMISS CO OF THE ASSESSEE AS WITHDRAW N. 3. IN THE RESULT, CO OF THE ASSESSEE IS DISMISSED A S BEING WITHDRAWN. ORDER PRONOUNCED IN THE COURT ON 6 TH AUGUST, 2020 AT AHMEDABAD. SD/- SD/- (WASEEM AHMED) ACCOUNTANT MEMBER (RAJPAL YADAV) VICE-PRESIDENT AHMEDABAD; DATED 06/08/2020