UBS (INDIA) P. LTD, MUMBAI V. ITO 14(3)(1), MUMBAI

ITA 2262/MUM/2017

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 2774 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-11-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 30-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: V JENARDHANAN
• Assessee Lawyers: ZOHAIR RIZVI
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL J BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA, AM AND SHRI RAVISH SOOD, JM IT (TP)A NO. 2262/MUM/2017 ( ASSESSMENT YEAR: 2012 - 13 ) UBS(INDIA) PVT. LTD. LEVEL 2, 2 NORTH AVENUE, MAKER MAXITY, BANDRA KURLA COMPLEX, BANDR A EAST, MUMBAI - 400 051 VS. INCOME TAX OFFICER - 14(3)(1), AAYKAR BHAVAN, MUMBAI PAN/GIR NO. AAACU 4939 M ( APPELLANT ) : ( RESPONDENT ) APPELLANT BY : SHRI ZOHAIR RIZVI RESPONDENT BY : SHRI V. JENARDHANAN DATE OF HEARING : 05.11.2018 DATE OF P RONOUNCEMENT : 05.11 .2018 O R D E R PER SHAMIM YAHYA, A. M.: THIS A PPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE O RDER OF THE ASSESSING OFFICER (A.O. FOR SHORT) PASSED U/S. 143(3) OF THE INCOME TAX ACT, 1961 (THE ACT FOR SHORT) R/W S. 144C (1) OF TH E ACT DATED 31.01.2017 PURSUANT TO THE DIRECTION OF THE DISPUTE RESOLUTION PANEL (DRP FOR SHORT) DATED 29.11.2016. 2. AT THE OUTSET, THE LD. COUNSEL OF THE ASSESSEE MOVE D A PETITION SEEKING WITHDRAWAL OF APPEAL. 3. THE LD. DEPARTMENTAL REPRESENTATIVE D ID NOT HAVE ANY OBJECTION TO THE SAME. ACCORDINGLY , THIS APPEAL IS PERMITTED TO BE WITHDRAWN. 2 IT(TP)A NO. 2262/MUM/2017 UBS(INDIA) PVT. LTD. 4. IN THE RESULT, THIS APPEAL BY THE ASSESSEE STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 05.11.2018 SD/ - SD/ - ( RAVISH SOOD ) (S HAMIM YAHYA) J UDICIAL MEMBER A CCOUNTANT MEMBER MUMBAI ; DATED : 05.11.2018 ROSHANI , SR. PS COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) 4. CIT - CONCERNED 5. DR, ITAT, MUMBAI 6. GUARD F ILE BY ORDER, (DY./ASSTT. REGISTRAR) ITAT, MUMBAI