M/s. ANZ Operations and Technology Private Limited, Bangalore V. Asst. Commissioner of Income Tax, Bangalore

CO 53/BANG/2016

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 2944 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 4 month(s) 23 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 05-03-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 13-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

CO.53/BANG/2016 PAGE - 1 IN THE INCOME TAX APPELLATE TRIBUNAL BENGALURU BENCH 'C', BENGALURU BEFORE SHRI. J. SUDHAKAR REDDY, ACCOUNTANT ME MBER AND SHRI. LALIET KUMAR, JUDICIAL MEMBER CROSS OBJECTION NO.53/BANG/2016 (IN IT(TP)A.172/BANG/2016) (ASSESSMENT YEAR : 2011-12) M/S. ANZ OPERATIONS AND TECHNOLOGY P. LTD, SEZ UNIT, RMZ ECOWORLD, CAMPUS 5A-GROUND FLOOR AND LEVELS 4 TO 9, SARJAPUR MARATHAHALLI OUTER RING ROAD, DEVARABEESANAHALLI VILLAGE, VARTHUR HOBLI, BENGALURU EAST TALUK, BENGALURU .. APPELLANT PAN : AABCA9002C V. ASST. COMMISSIONER OF INCOME-TAX, CIRCLE -1(1)(1), BENGALURU .. RESPONDENT ASSESSEE BY : SHRI. CHAVALI NARAYAN, CA REVENUE BY : SHRI. SUNIL KUMAR, CIT HEARD ON : 05.03.2019 PRONOUNCED ON : .03.2019 O R D E R PER LALIET KUMAR, JUDICIAL MEMBER : THE PRESENT CROSS OBJECTION IS FILED BY THE ASSESS EE AGAINST THE APPEAL OF THE REVENUE, AGAINST THE ORDER U/S.143930 R.W.S.144C(5) R.W.S.144C(13) OF THE ACT, OF THE ACIT, CIRCLE -1(1 )(1), BENGALURU, CO.53/BANG/2016 PAGE - 2 DT.16.12.2015, PASSED IN PURSUANCE TO THE DIRECTION S OF THE DRP, FOR THE ASSESSMENT YEAR 2011-12. 02. AT THE OUTSET, THE LD. AR FOR THE ASSESSEE HAS FILED AN APPLICATION DT.05.03.2019, SEEKING TO WITHDRAW THE CROSS OBJECTION ON THE GROUND THAT THE GRIEVANCE OF THE ASSESSEE HA S BEEN SETTLED BY MAP RESOLUTION. 03. THE LD. DR HAD SUBMITTED THAT HE HAD NO OBJECTI ON FOR THE CROSS OBJECTION BEING WITHDRAWN. 04. WE HAVE HEARD THE RIVAL CONTENTIONS AND PERUSED THE RECORD. SINCE THE LD. AR SOUGHT TO WITHDRAW THE CROSS OBJEC TION UNCONDITIONALLY, AS THE ISSUES HAVE BEEN RESOLVED B Y MAP MECHANISM, WE ALLOW THE CROSS OBJECTION TO BE WITHD RAWN. 05. IN THE RESULT, CROSS OBJECTION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 5 TH DAY OF MARCH, 2019. SD/- SD/- (J. SUDHAKAR REDDY) (LALIET KUMAR) ACCOUNTANT MEMBER JUDICIAL MEMBE R BENGALURU DATED : 05..03.2019 MCN* CO.53/BANG/2016 PAGE - 3 COPY TO: 1. THE ASSESSEE 2. THE ASSESSING OFFICER 3. THE COMMISSIONER OF INCOME-TAX 4. COMMISSIONER OF INCOME-TAX(A) 5. DR 6. GF, ITAT, BANGALORE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, BANGALORE.