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ITA 128/DEL/2017

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 6981 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 6 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-07-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2012-2013
• Appeal Filed On: 06-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY I BARA
• Assessee Lawyers: VRINDA TULSHAN S
• Section: 143(3); 144C

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH I(1) I(1) I(1) I(1) : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI PRAMOD KUMAR BEFORE SHRI PRAMOD KUMAR BEFORE SHRI PRAMOD KUMAR BEFORE SHRI PRAMOD KUMAR, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 128/DEL/2017 128/DEL/2017 128/DEL/2017 128/DEL/2017 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 2012 2012 2012 2012 - -- - 13 1313 13 M/S MENTOR GRAPHICS (INDIA) M/S MENTOR GRAPHICS (INDIA) M/S MENTOR GRAPHICS (INDIA) M/S MENTOR GRAPHICS (INDIA) PRIVATE LIMITED, PRIVATE LIMITED, PRIVATE LIMITED, PRIVATE LIMITED, B BB B- -- -92 9292 92, 9 , 9, 9 , 9 TH THTH TH FLOOR, FLOOR, FLOOR, FLOOR, HIMALAYA HOUSE, HIMALAYA HOUSE, HIMALAYA HOUSE, HIMALAYA HOUSE, 23, K.G. MARG, 23, K.G. MARG, 23, K.G. MARG, 23, K.G. MARG, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 001. 110 001. 110 001. 110 001. PAN : AABCM5494Q. PAN : AABCM5494Q. PAN : AABCM5494Q. PAN : AABCM5494Q. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -16(2), 16(2), 16(2), 16(2), C.R. BUILDING, C.R. BUILDING, C.R. BUILDING, C.R. BUILDING, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI HIMANSHU S. SINHA, SHRI BHUWAN DHOOPAR AND MS. VRINDA TULSHAN, ADVOCATES. RESPONDENT BY : SHRI SANJAY I. BARA, CIT - DR. DATE OF HEARING : 23.07.2019 23.07.2019 23.07.2019 23.07.2019 DATE OF PRONOUNCEMENT : 31.07.2019 31.07.2019 31.07.2019 31.07.2019 ORDER ORDER ORDER ORDER PER PRAMOD KUMAR PER PRAMOD KUMAR PER PRAMOD KUMAR PER PRAMOD KUMAR, , , , VP VPVP VP : :: : THIS APPEAL, FILED BY THE ASSESSEE, IS DIRECTED AGAINST T HE ORDER DATED 25 TH NOVEMBER, 2016 PASSED BY THE ASSESSING OFFICER UNDER SECTION 143(3) READ WITH SECTION 144C OF THE INCOME -TAX ACT, 1961 FOR THE ASSESSMENT YEAR 2012-13. 2. WHEN THIS APPEAL WAS CALLED OUT FOR HEARING, LEARN ED COUNSEL FOR THE ASSESSEE SOUGHT PERMISSION TO WITHDRAW THE APPEAL. OU R ATTENTION WAS ALSO INVITED TO FORMAL APPLICATION DATED 8 TH AUGUST, 2017 TO THAT EFFECT. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE ITA-128/DEL/2017 2 PRAYER OF THE ASSESSEE. IN THESE CIRCUMSTANCES, WE DEEM IT FIT AND PROPER TO PERMIT WITHDRAWAL OF THE APPEAL. 3. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. DECISION PRONOUNCED IN THE OPEN COURT ON 31 ST JULY, 2019. SD/- SD/- ( (( ( K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY ) )) ) (PRAMOD KUMAR (PRAMOD KUMAR (PRAMOD KUMAR (PRAMOD KUMAR ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE P VICE P VICE P VICE P RESIDENT RESIDENT RESIDENT RESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S MENTOR GRAPHICS (INDIA) PRIVATE LIMITED, M/S MENTOR GRAPHICS (INDIA) PRIVATE LIMITED, M/S MENTOR GRAPHICS (INDIA) PRIVATE LIMITED, M/S MENTOR GRAPHICS (INDIA) PRIVATE LIMITED, B BB B- -- -92, 9 92, 9 92, 9 92, 9 TH THTH TH FLOOR, HIMALAYA HOUSE, FLOOR, HIMALAYA HOUSE, FLOOR, HIMALAYA HOUSE, FLOOR, HIMALAYA HOUSE, 23, K.G. MARG, NEW DELHI 23, K.G. MARG, NEW DELHI 23, K.G. MARG, NEW DELHI 23, K.G. MARG, NEW DELHI 110 001. 110 001. 110 001. 110 001. 2. RESPONDENT : DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -16(2), C.R. BUILDI 16(2), C.R. BUILDI 16(2), C.R. BUILDI 16(2), C.R. BUILDING, NEW DELHI. NG, NEW DELHI. NG, NEW DELHI. NG, NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR