M/s Meritor CVS India Pvt Ltd , Bangalore V. The Income Tax Officer Ward-4(1)(3), Bangalore

ITA 1259/BANG/2017

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 7317 (ITAT-BANGALORE)
• Duration Of Justice: 4 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-11-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 05-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAJESHEKAR REDDY L

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES B, BANGALORE BEFORE SHRI A.K.GARODIA, AM & SHRI GEORGE GEORGE K, JM IT(TP)A NO.1259/BANG/2017 : ASST.YEAR 2013-2014 M/S.MERITOR CVS INDIA(P) LTD., TOWER 1, IT SECTOR SEZ MYLASANDRA, KENGERI HOBLI, RVCE POST, BANGALORE 560 059. PAN : AAFCM7571E. THE INCOME TAX OFFICER WARD 4(1)(3) BANGALORE. (APPELLANT) VS. (RESPONDENT) APPELLANT BY : --- NONE --- RESPONDENT BY : SHRI RAJESHEKAR REDDY L, CIT DATE OF HEARING : 01.11.2017 DATE OF PRONOUNCEMENT : 03.11.2017 O R D E R PER GEORGE GEORGE K, JM THIS APPEAL AT THE INSTANCE OF THE ASSESSEE IS DIR ECTED AGAINST THE TPOS ORDER DATED 19.04.2017. THE RELEV ANT ASSESSMENT YEAR IS 2013-2014. 2. WHEN THE APPEAL WAS CALLED FOR HEARING TODAY, NO BODY APPEARED ON BEHALF OF THE ASSESSEE. THE NOTICE OF H EARING HAS BEEN DULY SERVED ON THE ASSESSEE. THE ACKNOWLEDGEME NT- CUM-NOTICE IS PLACED ON RECORD. IT IS, THEREFORE, P RESUMED THAT THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING ITS APPEAL. HENCE, WE DISMISS THE APPEAL OF THE ASSESSEE IN LIMINE FOR NON-PROSECUTION, BY FOLLOWING THE JUDGMENT OF THE H ONBLE MADHYA PRADESH HIGH COURT IN THE CASE OF ESTATE OF TUKOJI IT(TP)A NO.1259/BANG/2017 M/S.MERITOR CVS INDIA (P) LTD. 2 RAO HOLKAR V. CWT [(1997) 223 ITR 480 (MP)] AND THE DECISION OF THE DELHI BENCH OF THE TRIBUNAL IN CIT V. MULTIPLAN INDIA P. LTD. [(1991) 38 ITD 320]. 3. IN THE RESULT, THE APPEAL BY THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED ON THIS 03 RD DAY OF NOVEMBER , 2017. SD/- SD/- (A.K.GARODIA) (GEORGE GEORGE K.) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE ; DATED : 03 RD NOVEMBER, 2017. DEVDAS* COPY OF THE ORDER FORWARDED TO : TRUE COPY BY ORDER, (ASSTT. REGISTRAR) ITAT, BANGALORE 1. THE APPELLANT 2. THE RESPONDENT. 3. THE DRP-2, BANGALORE 4. CIT(A), BANGALORE. 5. DR, ITAT, BANGALORE 6. GUARD FILE.