M/s Novozymes South Asia Private Limited, Bangalore V. Asst.C.I.T., Bangalore

ITA 1244/BANG/2016

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 4514 (ITAT-BANGALORE)
• Duration Of Justice: 3 year(s) 2 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-08-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2010-2011
• Appeal Filed On: 21-06-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES C BENCH: BANGALORE BEFORE SHRI JASON P BOAZ , ACCOUNTANT MEMBER AND SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER IT (TP) A. NO. 1244/BANG/2016 (ASSESSMENT YEAR: 201 0 - 11 ) M/S. NOVOZYMES SOUTH ASIA PVT. LTD., PLOT NO.32, 47 - 52, SURVEY NO.154, EPIP INDL. AREA, WHITEFIELD, BANGALORE - 560 066 PAN: AAACN 7030Q VS. ASST. COMMISSIONER OF INCOME TAX, CIRCLE 5(1)(1), BANGALORE. (APPELLANT) (RESPONDENT) ASSESSEE BY: S MT. TANMAYEE RAJKUMAR, ADV. REVENUE BY: SHRI PRADEEP KUMAR, CIT (D.R) DATE OF HEARING : 26.08 .2019 DATE OF PRONOUNCEMENT : 26 .08 .2019 O R D E R PER SHRI PAVAN KUMAR GADALE, JM : THE ASSESSEE HAS FILED AN APPEAL AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 5 , BANGALORE PASSED U/S . 143(3) R.W.S. 144C AND U/S 250 OF THE INCOME TAX ACT, 1961. 2 IT (T.P) A NO. 1244 /BANG/2018 2. AT THE TIME OF HEARING, THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE WISH TO WITHDRAW THE GROUND OF APPEAL NOS.3 TO 8 WHICH IS TH E SUBJECT MATTER FOR ADJUDICATION UNDER MAP IN TERMS OF RULE 44H OF INCOME TAX RULES, 1962 WHEREIN THE RESOLUTION HAS BEEN REACHED AND ACCEPTED BY THE ASSESSEE. THE WITHDRAWAL LETTER WAS FILED ON 25.2.2019 WAS READ OVER AND THE REVENUE HAS NO OBJECTION ON WITHDRAWAL. ACCORDINGLY, THE GROUNDS OF APPEAL RAISED BY THE ASSESSEE CONSIDERING THE LETTER DT.25.2.2019 FILED ARE TREATED AS WITHDRAWN AND DISMISSED. FURTHER O N PERUSAL OF THE G ROUND OF APPEAL NOS.1 & 2 WHCH ARE GENERAL IN NATURE AND GROUND OF APPEAL NO.9 IS CONSEQUENTIAL FOR LEVY OF INTEREST. THEREFORE, CONSIDERING THE LETTER DT.25.2.2019 AND THE SUBMISSIONS OF THE LD. AR OF THE ASSESSEE, THESE GROUNDS OF APPEAL DO NOT REQUIRE ADJUDICATION AND DISMISSED . 3. IN THE RESULT, THE ASSESSEE'S APPE AL IS TREATED AS WITHDRAWN AND DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 2 6 T H AUG., 2019. S D / - S D / - ( JASON P BOAZ ) (PAVAN KUMAR GADALE) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 2 6 .08. 2019. *REDDY GP 3 IT (T.P) A NO. 1244 /BANG/2018 COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT (A) 4. PR. CIT 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR INCOME - TAX APPELLATE TRIBUNAL BANGALORE