Cookson India Pvt. Ltd., Kolkata V. DCIT, CIR-3(1), KOLKATA, Kolkata

ITA 1886/KOL/2017

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 3682 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 6 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-03-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 23-08-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VISHAL TU
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA C BENCH, KOLKATA [BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SHRI ABY T. VARKEY, JUDICIAL MEMBER] I.T.A. NO. 1886/KOL/2017 ASSESSMENT YEAR: 2013-14 COOKSON INDIA PRIVATE LIMITED.......................................................................................APPELLANT [PAN: AABCC 1679 B] VS. DCIT, CC-3(1), KOLKATA...RESPONDENT APPEARANCES BY: SH. PRASHANT MEHARCHANDANI, ADV. & SH. VISHAL TURAKHIA, C.A., APPEARED ON BEHALF OF THE ASSESSEE. SMT. RANU BISWAS, ADDL. CIT, APPEARED ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : FEBRUARY 21 ST , 2020 DATE OF PRONOUNCING THE ORDER : MARCH 4 TH , 2020 ORDER PER J. SUDHAKAR REDDY, AM : THIS IS AN APPEAL FILED BY THE ASSESSEE DIRECTED AGAINST THE FINAL ORDER PASSED BY THE AO U/S 143(3) R.W.S. 144C(5) OF THE ACT DATED 29.06.2017. 2. THE ASSESSEE HAS REQUESTED FOR PERMISSION TO WITHDRAW THE APPEAL, FOR THE REASON THAT ADVANCE PRICING AGREEMENT (APA FOR SHORT) PROCEEDINGS WERE CONCLUDED AND APA AGREEMENT WAS SIGNED ON 17.01.2020 AND THIS AY 2013-14 IS ONE OF THE COVERED AREAS UNDER THE APA PULL BACK. 3. IN VIEW OF THE ABOVE, WE DISMISS THIS APPEAL AS WITHDRAWN. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. KOLKATA, THE 4 TH MARCH, 2020. SD/- SD/- [ABY T. VARKEY] [J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 04.03.2020 BIDHAN 2 I.T.A. NO. 1886/KOL/2017 ASSESSMENT YEAR: 2013-14 COOKSON INDIA PRIVATE LIMITED. COPY OF THE ORDER FORWARDED TO: 1. COOKSON INDIA PRIVATE LIMITED, (A) C/O. S P CHATTERJEE & CO., NO. 10, OLD POST OFFICE STREET, ROOM NO. 15A, KOLKATA-700 001, (B) MR. SRIRAM KUMAR/ RAVI KUMAR, DEVELOPED PLOT NO. 16, (NORTH PHASE), SIDCO INDUSTRIAL ESTATE, AMBATTUR, CHENNAI-600 098. 2. DCIT, CC-3(1), KOLKATA. 3. CIT(A) 4. CIT- 5. CIT(DR), KOLKATA BENCHES, KOLKATA. (SENT THROUGH E-MAIL) TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES