M/s Kongsberg Digital Software and Services Limited , Bangalore V. The Deputy Commissioner of Income TAx Circle-4(1)(1), Bangalore

ITA 2056/BANG/2017

• Counselvise Citation: [2020] 109 COUNSELVISE.COM (IT) 9949 (ITAT-BANGALORE)
• Duration Of Justice: 3 year(s) 2 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 30-07-2020
• Assessment Year: 2013-2014
• Appeal Filed On: 23-10-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRIYADARSHI MISHRA
• Assessee Lawyers: N O N E
• Section: 143(3); 144C

Judgement Text

IT(TP)A NO.2056/BANG/2017 M/S. KONGSBERG DIGITAL SOFTWARE AND SERVICES PVT. LTD., BENGALURU IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND SHRI B.R. BASKARAN, ACCOUNTANT MEMBER IT(TP)A NO.2056/BANG/2017 ASSESSMENT YEAR: 2013-14 M/S. KONSBERG DIGITAL SOFTWARE AND SERVICES PRIVATE LIMITED (ERSTWHILE KONGSBERG SOFTWARE AND SERVICES PVT. LTD. AND PREVIOUSLY DIGIMAKER INDIA PRIVATE LIMITED) NO.139/26, 1 ST FLOOR SOLITAIRE, AMARAJYOTI LAYOUT KORAMANGALA INTERMEDIATE RING ROAD DOMLUR BENGALURU-560 071 PAN NO : AACCD0010E VS. DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE-4(1)(1) BENGALURU APPELLANT RESPONDENT APPELLANT BY : N O N E RESPONDENT BY : SHRI PRIYADARSHI MISHRA, D.R. DATE OF HEARING : 31.12.2020 DATE OF PRONOUNCEMENT : 31.12.2020 O R D E R PER B.R. BASKARAN, ACCOUNTANT MEMBER: THE ASSESSEE HAS FILED THIS APPEAL CHALLENGING THE ASSESSMENT ORDER DATED 28.08.2017 PASSED BY THE AO FOR THE ASS ESSMENT YEAR 2013-14 U/S 143(3) R.W.S 144C OF THE ACT IN PURSUAN CE OF DIRECTIONS GIVEN BY LD DISPUTE RESOLUTION PANEL (DRP). IT(TP)A NO.2056/BANG/2017 M/S. KONGSBERG DIGITAL SOFTWARE AND SERVICES PVT. LTD., BENGALURU PAGE 2 OF 2 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. HO WEVER, THE ASSESSEE HAS FILED A LETTER STATING THAT THE ASSESSEE HAS OP TED TO SETTLE THE DISPUTE IN ITS APPEAL UNDER DIRECT TAXES VIVAD SE V ISHWAS ACT, 2020. IT IS FURTHER STATED THAT THE ASSESSEE HAS FILED FO RM NO.1 & 2 FOR THE APPEAL FILED BY THE ASSESSEE AND IT HAS ALSO RECEIV ED FORM NO.3. ACCORDINGLY IT IS SUBMITTED THAT APPEAL OF THE ASSE SSEE MAY BE DISMISSED AS WITHDRAWN. 3. WE HEARD LD D.R, WHO DID NOT OBJECT TO THE PR AYER OF THE ASSESSEE. SINCE THE ISSUES CONTESTED IN THE APPEAL OF THE ASS ESSEE HAVE BEEN SETTLED UNDER THE DIRECT TAXES VIVAD SE VISHWAS ACT , 2010, WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. H OWEVER, WE GIVE LIBERTY TO THE ASSESSEE TO SEEK RECALL OF THIS ORDE R IN ACCORDANCE WITH LAW, IF THE CIRCUMSTANCES SO WARRANT. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST DEC, 2020 SD/- (GEORGE GEORGE K. ) JUDICIAL MEMBER SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER BANGALORE, DATED 31 ST DEC, 2020. VG/SPS COPY TO: 1. THE APPLICANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASST. REGISTRAR, ITAT, BANGALORE.