Philips India Limited (Earlier known as Philips Electronics India Limited), Kolkata V. Principal CIT - 4, Kolkata , Kolkata

ITA 1318/KOL/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4010 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 4 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 30-09-2020
• Assessment Year: 2011-2012
• Appeal Filed On: 14-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAM BILASH MEENA
• Assessee Lawyers: KETAN
• Section: 143(3); 22; 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA A BENCH, KOLKATA VIRTUAL COURT HEARING (BEFORE SRI J. SUDHAKAR REDDY, HONBLE ACCOUNTANT MEMBER & SRI S.S. GODARA, HONBLE JUDICIAL MEMBER) ITA NO. 1318/KOL/2018 ASSESSMENT YEAR: 2011-12 PHILIPS INDIA LIMITED....................................APPELLANT [EARLIER KNOWN AS PHILIPS ELECTRONICS INDIA LIMITED] 3 RD FLOOR TOWER-A, DLF IT PARK 08 BLOCK AF, MAJOR ARTERIAL ROAD NEW TOWN (RAJARHAT) KOLKATA 700 156 [PAN : AABCP 9487 A] VS. PR. COMMISSIONER OF INCOME TAX -4, KOLKATA..........................RESPONDENT APPEARANCES BY: SHRI KETAN, A/R APPEARED ON BEHALF OF THE ASSESSEE. SHRI RAM BILASH MEENA, CIT D/R, APPEARING ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : SEPTEMBER 30 TH , 2020 DATE OF PRONOUNCING THE ORDER : OCTOBER 22 ND , 2020 ORDER PER J. SUDHAKAR REDDY, AM :- THIS APPEALS FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE LEARNED PR. COMMISSIONER OF INCOME TAX 4, KOLKATA, (HEREINAFTER THE LD.CIT(A)), PASSED U/S. 263 OF THE INCOME TAX ACT, 1961 (THE ACT), DT. 26/03/2018, FOR THE ASSESSMENT YEAR 2011-12. 2. THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSING OFFICER, IN THE CONSEQUENTIAL ORDER PASSED U/S 143(3) R.W.S. 263 OF THE ACT, HAS NOT MADE ANY ADDITION/S AND THE ASSESSEE, UNDER SUCH CIRCUMSTANCES, CHOOSES TO WITHDRAW THE APPEAL AS IT WOULD BE AN ACADEMIC EXERCISE. THE LD. D/R RAISED NO OBJECTION. ACCORDINGLY, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. KOLKATA, THE 22 ND DAY OF OCTOBER, 2020. SD/- SD/- [ S. S. GODARA ] [ J. SUDHAKAR REDDY ] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 22.10.2020 {SC SPS} COPY OF THE ORDER FORWARDED TO: 1. PHILIPS INDIA LIMITED [EARLIER KNOWN AS PHILIPS ELECTRONICS INDIA LIMITED] 3 RD FLOOR TOWER-A, DLF IT PARK 08 BLOCK AF, MAJOR ARTERIAL ROAD NEW TOWN (RAJARHAT) KOLKATA 700 156 2. PR. COMMISSIONER OF INCOME TAX 3. CIT(A)- 4. CIT- , 5. CIT(DR), KOLKATA BENCHES, KOLKATA. 2 [EARLIER KNOWN AS PHILIPS ELECTRONICS INDIA LIMITED] BLOCK AF, MAJOR ARTERIAL ROAD PR. COMMISSIONER OF INCOME TAX -4, KOLKATA 5. CIT(DR), KOLKATA BENCHES, KOLKATA. ASSISTANT ITAT, KOLKATA BENCHES ITA NO. 1318/KOL/2018 ASSESSMENT YEAR: 2011-12 PHILIPS INDIA LIMITED TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES