IN THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH, A, BANGALORE BEFORE SHRI A.K GARODIA, ACCOUNTANT MEMBER SHRI LALIET KUMAR, JUDICIAL MEMBER IT (TP) A NO.1 80//BANG/2012 (ASST. YEAR 2003-04) M/S U.L INDIA PVT. LTD., BANGALORE. . APPELLANT VS. THE ASST. COMMISSIONER OF INCOME-TAX, CIRCLE-12(5), BENGALURU. . RESPONDENT APPELLANT BY : SHRI UJWAL TEWARI, C.A ASSESSEE BY : MS. SWAPNA DAS, JCIT DATE OF HEARING : 22-02-2017 DATE OF PRONOUNCEMENT : 22-03-2017 O R D E R PER LALIET KUMAR, JUDICIAL MEMBER THIS APPEAL IS BY THE ASSESSEE WHICH IS DIRECTED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME-TAX (APPEALS) IV DATED 30/11/201 FOR THE ASSESSMENT YEAR 2003-04.