M/s Northern Operating Services Pvt Ltd, Bengaluru V. Assistant Commissioner of Income Tax, Circle-5(1)(1), Bengaluru

ITA 2840/BANG/2017

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 9921 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-01-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 22-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: VIDYA KURUP
• Keywords: Transfer pricing
• Section: 144C

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI ARUN KUMAR GARODIA, AM AND SHRI PAVAN KUMAR GADALE, JM IT (TP) A NO. 2840/BANG/2017 ASSESSMENT YEAR : 2013 14 M/S NORTHERN OPERATING SERVICES PVT. LTD., 2 ND FLOOR, RMZ ECOSPACE, CAMPUS 1C, SARJAPUR OUTER RING ROAD, BELLANDUR VILLAGE, VARTHUR HOBLI, BANGALORE 560103. PAN: AACCN1652J VS. ACIT, CIRCLE 5 (1) (1), BANGALORE APPELLANT RESPONDENT ASSESSEE BY : S MT. VIDYA KURUP, C. A. REVENUE BY : S HRI PRADEEP KUMAR, CIT DR DATE OF HEARING : 0 1 . 01 .20 20 DATE OF PRONOUNCEMENT : 0 1 . 0 1.20 20 O R D E R PER SHRI A.K. GARODIA, AM: THIS APPEAL IS FILED BY THE ASSESSEE AND IT IS DIRECTED AGAINST THE ASSESSMENT ORDER DATED 26.10.2017 FOR A. Y. 2013 14 PASSED U/S 143 (3) R.W.S. 144C OF I. T. ACT, 1961 AS PER THE DIRECTIONS OF DRP. 2. IN COURSE OF HEARING, IT WAS SUBMITTED BY THE LEARNED AR OF THE ASSESSEE THAT THE ASSESSEE HAS FILED A LETTER DATED 19.11.2019 WITH THE REGISTRY ON 21.11.2019 IN WHICH IT IS SUBMITTED THAT THE ASSESSEE WANTS TO WITHDRAW ALL GROUNDS OF APPEAL RELATING TO TRANSFER PRICING ADJUSTMENT PURSUANT TO MAP RESOLUTION ITA NOS.2840(B)/2017 PAGE 2 OF 2 ACCEPTANCE. IN REPLY TO A SPECIFIC QUERY OF THE BENCH AS TO WHETHER ANY OTHER GROUND SURVIVES AFTER WITHDRAWAL OF T P GROUNDS, IT WAS SUBMITTED BY THE LEARNED AR OF THE ASSESSEE THAT NO GROUND SURVIVES. LEARNED DR OF THE REVENUE SUBMITTED THAT HE HAS NO OBJECTION ABOUT WITHDRAWAL OF ALL GROUNDS BY THE ASSESSEE. ACCORDINGLY, THIS APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/- SD/- (PAVAN KUMAR GADALE) (ARUN KUMAR GARODIA) JUDICIAL MEMBER ACCOUNTANT MEMBER BANGALORE, DATED, THE 01 ST JANUARY, 2020. /NS/ COPY TO: 1. APPELLANT 4. CIT (A) 2. RESPONDENT 5. DR, ITAT, BANGALORE 3. CIT 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, BANGALORE.