3Tier R& D India Private Limited , Bangalore V. Deputy Commissioner of Income Tax Circle-7(1)(1), Bangalore

ITA 2578/BANG/2018

• Counselvise Citation: [2020] 109 COUNSELVISE.COM (IT) 9262 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 2 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 02-12-2020
• Assessment Year: 2013-2014
• Appeal Filed On: 12-09-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R PREMI JT C IT BENGALURU
• Assessee Lawyers: K KEERTI N ARAYAN
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B.R. BASKARAN , ACCOUNTANT MEMBER ITA NO. 2578 /BANG/2018 ASSESSMENT YEAR : 201 3 - 1 4 3TIER R&D INDIA PRIVATE LTD., 1 ST FLOOR, NO.991 AND 992, 5 TH MAIN, 7 TH SECTOR, HSR LAYOUT, BANGALORE 560 102 PAN: AAACZ 3 622Q VS. THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 7(1)(1), BANGALORE APPELLANT RESPONDENT APPELLANT BY : SHRI K. KEERTI N ARAYAN , CA RESPONDENT BY : S MT R. PREMI , JT. C IT(DR)(ITAT), BENGALURU. DATE OF HEARING : 02 . 1 2 .2020 DATE OF PRONOUNCEMENT : 02 . 1 2 .2020 O R D E R PER N.V. VASUDEVAN, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST T HE ORDER DATED 06.03.2018 OF THE CIT(APPEALS)-10, BENGALURU RELATI NG TO ASSESSMENT YEAR 2013-14. 2. DURING THE COURSE OF HEARING OF THE APPEALS, TH E LD. COUNSEL FOR THE ASSESSEE SOUGHT ADJOURNMENT OF THE APPEAL STATING T HAT THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME ACT, 2020 [VSVS] BY FILING FORM 1 & 2, AND FORM 3 IS AWAITED BY THE DESIGNATED AUTHORIT Y. THE BENCH POINTED OUT THAT THE BANGALORE BENCHES IN SUCH CASES ARE DI SMISSING THE APPEAL AS WITHDRAWN, WITH LIBERTY TO SEEK RECALL OF THE ORDER , TO WHICH HE AGREED. ACCORDINGLY, THE APPEAL IS DISMISSED AS WITHDRAWN. HOWEVER, THE ITA NO.2578/BANG/2018 PAGE 2 OF 2 ASSESSEE IS AT LIBERTY TO SEEK RECALL OF THIS ORDER IN THE EVENT OF NON-RECEIPT OF FORM NO.3, OR FOR ANY SUCH REASON UNDER THE VSVS . 3. IN THE RESULT, THE APPEAL BY THE ASSESSEE IS DIS MISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 2 ND DAY OF DECEMBER, 2020. SD/- SD/- ( B R BASKARAN ) ( N V VASUDEVAN ) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED, THE 2 ND DECEMBER, 2020. / DESAI S MURTHY / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.