Xchanging Solutions Limited , Bangalore V. Assistant Commissioner of Income Tax Circle-7(1)(2), Bangalore

ITA 1105/BANG/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5003 (ITAT-BANGALORE)
• Duration Of Justice: 3 year(s) 8 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2012-2013
• Appeal Filed On: 19-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PADEEP KUMAR
• Assessee Lawyers: KEERTHI NARAYANA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT(TP)A NO.1105/BANG/2017 ASSESSMENT YEAR : 2012-13 XCHANGING SOLUTIONS LTD., (FORMERLY KNOWN AS CAMBRIDGE SOLUTIONS LTD.,) XCHANGING TOWER, SJR IPARK, OPP. SATYA SAI HOSPITAL, EPIP PARK, WHITEFIELD, BENGALURU-560 066. PAN AAFCS 9393 L VS. THE ASST. COMMISSIONER OF INCOME-TAX, CIRCLE-7(1)(2), BENGALURU. APPELLANT RESPONDENT ASSESSEE BY : SHRI KEERTHI NARAYANA, C.A REVENUE BY : SHRI PADEEP KUMAR, CIT(DR) DATE OF HEARING : 08-02-2021 DATE OF PRONOUNCEMENT : 09-02-2021 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL BY THE ASSESSEE HAS BEEN FILED BY AS SESSEE AGAINST DIRECTION DATED 20/12/2016 PASSED BY DRP-2, BENAGALURU FOR ASSESSMENT YEAR 2012-13. 2. AT THE OUTSET, LD.AR VIDE LETTER DATED 2/02/2021 SUBMITTED THAT ASSESSEE HAS DECIDED TO GO IN FOR VSVS 2020. I T IS ALSO BEEN PAGE 2 OF 3 ITA NO.1105/BANG/2017 SUBMITTED THAT ASSESSEE FILED FORM 1 & 2 IN RESPECT OF THIS APPEAL AND FORM 3 HAS ALSO RECEIVED. ACCORDINGLY, ASSESSEES APPEAL FOR YEAR UNDER CONSI DERATION IS ALLOWED TO BE WITHDRAWN. IN THE RESULT, ASSESSEES APPEAL ARE DISMISSED AS W ITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH FEBRUARY, 2021 SD/- SD/- (CHANDRA POOJARI) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 9 TH FEBRUARY, 2021. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE PAGE 3 OF 3 ITA NO.1105/BANG/2017 DATE INITIAL 1. DRAFT DICTATED ON ON DRAGON SR.PS 2. DRAFT PLACED BEFORE AUTHOR -2-2021 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER -2-2021 JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. -2-2021 JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS -2-2021 SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON -2-2021 SR.PS 7. DATE OF UPLOADING THE ORDER ON WEBSITE -2-2021 SR.PS 8. IF NOT UPLOADED, FURNISH THE REASON -- SR.PS 9. FILE SENT TO THE BENCH CLERK -2-2021 SR.PS 10. DATE ON WHICH FILE GOES TO THE AR 11. DATE ON WHICH FILE GOES TO THE HEAD CLERK. 12. DATE OF DISPATCH OF ORDER. 13. DRAFT DICTATION SHEETS ARE ATTACHED NO SR.PS