GE India Technology Centre Private Limited, Bangalore V. ACIT, Bangalore

ITA 243/BANG/2010

• Counselvise Citation: [2010] 135 COUNSELVISE.COM (IT) 8828 (ITAT-BANGALORE)
• Duration Of Justice: 6 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-09-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 06-09-2010
• Assessment Year: 2005-2006
• Appeal Filed On: 03-03-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G V GOPALA RAO
• Assessee Lawyers: VIKAS DHARIWAL
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO.243/BANG/2010 ASSESSMENT YEAR : 2005-06 GE INDIA TECHNOLOGY CENTRE PRIVATE LIMITED, JOHN F. WELCH TECHNOLOGY CENTRE, NO.122, EPIP, PHASE II, WHITEFIELD ROAD, BANGALORE 560 066. : APPELLANT VS. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE 11(3), BANGALORE. : RESPONDENT APPELLANT BY : SHRI VIKAS DHARIWAL, C.A. RESPONDENT BY : SHRI G.V. GOPALA RAO, DR O R D E R PER A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER THIS APPEAL IS FILED BY THE ASSESSEE COMPANY AGAI NST THE ORDER OF THE COMMISSIONER OF INCOME TAX, BANGALORE-1, BANGAL ORE U/S. 263 OF THE I.T. ACT, 1961 DATED 29.12.2009. 2. AT THE OUTSET, THE LD. AR APPEARING FOR THE ASSE SSEE SUBMITTED THAT HE HAS INSTRUCTIONS FROM THE ASSESSEE COMPANY FOR W ITHDRAWAL OF THE APPEAL AND REQUESTED FOR WITHDRAWAL OF THE SAME. 3. WE HAVE HEARD BOTH THE PARTIES AND PERUSED THE M ATERIAL ON RECORD. A LETTER DATED 6.9.10 FROM THE ASSESSEES AR HAS BE EN FILED ON RECORD ITA NO.243/BANG/10 PAGE 2 OF 2 RELATING TO THE APPEAL UNDER CONSIDERATION AND THE RELEVANT PORTION IS EXTRACTED BELOW : WE WISH TO STATE THAT THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 11(3), BANGALORE (DCIT) HAS PASSED AN ORDE R UNDER SECTION 143(3) OF THE ACT GIVING EFFECT TO THE ABOV E REFERRED ORDER PASSED BY CIT UNDER SECTION 263 OF THE ACT. IN VIEW OF THE ORDER PASSED BY THE DCIT, WE UNDER T HE INSTRUCTIONS FROM THE APPELLANT, WISH TO WITHDRAW T HE ABOVE NOTED APPEAL. ACCORDINGLY, THE APPEAL IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, THE APPEAL IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON THIS 9 TH DAY OF SEPTEMBER, 2010. SD/- SD/- ( GEORGE GEORGE K. ) (A. MOHAN ALANKAMONY ) JUDICIAL MEMBER ACCOUNTANT MEMBER BANGALORE, DATED, THE 9 TH SEPTEMBER, 2010. DS/- COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.