REUTERS TRANSACTION SERVICES LTD, MUMBAI V. DDIT (IT) RG 2(1), MUMBAI

ITA 2014/MUM/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 101191 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-09-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2010-2011
• Appeal Filed On: 24-03-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Rectification of order
• Section: 143(3); 144

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, MUMBAI BEFORE S/SHRI B.R.BASKARAN ,AM AND AMARJIT SINGH , JM ./ I.T.A. NO . 2014 / MUM/20 1 4 ( / ASSESSMENT YEA R : 2 0 10 - 11 ) REUTERS TRANSAC TION SERVICES LIMITED, C/O BMR & ASSOCIATES, 36 - B, DR. R K SHIRODKAR MARG, PAREL (E) , MUMBAI - 400012 / VS. DY. DIRECTOR OF INCOME TAX(INTERNATIONAL TAXATION) , RANG 2(1), 1 ST FLOOR,, ROOM NO.120, SCINDIA HOUSE, BALLARD ESTATE, N M ROAD, MUMBAI - 40003 8. ( / APPELLANT ) .. ( / RESPONDENT ) ./ ./PAN. : AACCR0226Q / APPELLANT BY SHRI ALPESH GANDHI / RSPONDENT BY SHRI SUBHACHAN RAM / DATE OF HEARING : 1 4 .9. 201 5 / DATE OF PRONOUNCEMENT: 1 4 .9. 201 5 / O R D E R P ER AMARJIT SINGH , JM : THIS APPEAL HAS BEEN PREFERRED BY THE ASSESSEE AGAINST ORDER DATED 4.3.2013 , PASSED BY THE DISPUTE RESOLUTI ON PANEL - II, MUMBAI , UNDER SECTION 143(3) R.W S. 14 4 C(5) OF THE INCOME TAX ACT, 1961 (THE ACT) FOR THE ASSESSMENT YEAR 20 10 - 11 . 2. AT THE TIME OF HEARING, THE LD.COUNSEL APPEARING FOR THE ASSESSEE VIDE APPLICATION DATED 14.9.2015 SUBMITTED THAT AFTER FILING OF THE APPEAL BEFORE THE TRIBUNAL, THE ASSESSEE HAS GOT SUBSTANTIAL RELIEF IN THE RECTIFICATION ORDER PASSED BY THE AO . THEREFORE, THE ASSESSEE DECIDED NOT TO PURSUE THE MATTER FURTHER FOR THIS YEAR. ACCORDINGLY, HE SUBMITTED THAT THE ASSESSEE WA NTS TO WITHDRAW THE SAME. THE LD. DR DID NOT OBJECT TO THE PRAYE R MADE BY THE LD.COUNSEL FOR THE ASSESSEE . ACCORDINGLY, WE ACCEDE THE REQUEST OF THE ASSESSEE AND DISMISS THE ITA NO. 2014 / MUM/20 1 4 2 APPEAL AS WITHDRAWN. THE LETTER DATED 14 .9. 2015 FILED BY THE ASSESSEE IS TAKEN ON RECORD. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED . PRONOUNCED ACCORDINGLY ON 1 4 TH SEPT, 2015. 1 4 TH SEPT , 2015 S D SD ( B.R. BASKARAN) (AMARJIT SINGH ) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI: 1 4 TH SEPT , 2015 . . . ./ SRL , SR. PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - CONCERNED 4. / CIT CONCERNED 5. , , / DR, ITAT, MUMBAI CONCERNED 6. / GUARD FILE. / BY ORDER, TRUE COPY (ASSTT. REGISTRAR ) , /ITAT, MUMBAI