M/s Envestnet Asset Management India P. Ltd, Trivandrum V. The ACIT, Trivandrum

ITA 15/COCH/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 1269 (ITAT-COCHIN)
• Duration Of Justice: 4 year(s) 2 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 08-04-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 18-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE SHRI CHANDRA POOJARI AM & SHRI GEORGE MATHAN, JM IT(TP)A NO. 15 / COCH / 2017 (ASSESSMENT YEAR: 2012 - 13 ) M/S. ENVESTNET ASSET MANAGEMENT INDIA PVT. LTD. TC 4/2035, KOWDIAR POST TRIVANDRUM 695003 VS. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1(1) TRIVANDRUM PAN AABCN5494K APPELLANT RESPONDENT APPELLANT BY: SHRI CHAVALI NARAYAN, CA RESPONDENT BY: SMT. J.M. JAMUNA DEVI, SR. DR DATE OF HEARING: 0 8 .04.2021 DATE OF PRONOUNCEMENT: 0 8 . 04.2021 O R D E R PER GEORGE MATHAN , JM THIS APPEAL FILED BY ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE CIT(A) DRP - 2, BENGALURU DATED 07.10.2016 FOR A.Y. 2012 - 13 . 2. SHRI CHAVALI NARAYAN, CA APPEARED ON BEHALF OF THE ASSESSEE AND SMT. J.M. JAMUNA DEVI, SR. DR PPEARED ON BEHALF OF REVENUE. 3. AT THE TIME OF HEARING THE LEARNED A.R. FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS ALREADY FILED AN APPLICATION UNDER VIVAD - SE - VISWAS SCHEME OF 2020 FOR CONSIDERATION OF THE REVENUE . 4. AS TH E ASSESSEE HAS SUBMITTED APPLICATION UNDER VIVAD - SE - VISWAS SCHEME OF 2020 THE APPEAL STANDS DISMISSED AS WITHDRAWN. 5. DICTATED AND PRONOUNCED IN THE OPEN COURT ON 8 TH APRIL, 2021. SD/ - SD/ - (CHANDRA POOJARI ) ( GEORGE MATHAN ) ACCOUNTANT MEMBER JUDICIAL MEMBER COCHIN , DATED: 8 TH APRIL, 2020 IT (TP) A NO. 15 /COCH/ 2017 ENVESTNET ASSET MANAGEMENT INDIA PVT. LTD 2 COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) - DRP - 2, BENGALURU 4. THE CIT(TP), TRIVANDRUM 5. THE DR, ITAT, COCHIN 6. GUARD FILE BY ORDER //TRUE COPY// ASSISTANT REGISTRAR ITAT, COCHIN N.P.