Alten Calsoft Labs (India) Pvt Ltd, Bengaluru V. Deputy Commissioner of Income tax, Circle-1(1)(1), Bengaluru, Bengaluru

ITA 2903/BANG/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3027 (ITAT-BANGALORE)
• Duration Of Justice: 3 year(s) 5 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 28-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MUZAFFAR HUSSAIN
• Assessee Lawyers: N O N E

Judgement Text

IT(TP)A NO.2903/BANG/2017 M/S. ALTEN CALSOFT LABS (INDIA) PVT. LTD., BANGALOR E 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.2903/BANG/2017 ASSESSMENT YEAR : 2013-14 ALTEN CALSOFT LABS (INDIA) PVT. LTD. 7 TH FLOOR TOWER D IBC KNOWLEDGE 4/1, BANNERGHATTA MAIN ROAD BANGALORE 560 029 PAN NO : AAECC2705R VS. DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE -1(1)(1) BANGALORE APPELLANT RESPONDENT APPELLANT BY : N O N E RESPONDENT BY : SHRI MUZAFFAR HUSSAIN, D.R. DATE OF HEARING : 17.06.2021 DATE OF PRONOUNCEMENT : 18.06.2021 O R D E R PER GEORGE GEORGE K., JUDICIAL MEMBER: THE ASSESSEE HAS FILED THIS APPEAL CHALLENGING THE ORDER DATED 13.09.2017 PASSED BY DRP-1, BENGALURU AND IT RELATE S TO THE ASSESSMENT YEAR 2013-14. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. H OWEVER, LD. COUNSEL FOR THE ASSESSEE HAS FURNISHED A LETTER DATED 30.3. 2021 STATING THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE UNDER DIRECT TAX VIVAD SE VISHWAS ACT FOR SETTLEMENT OF THE DISPUTE BY FIL ING FORM NO.1 & 2 AND HAS ALSO RECEIVED FORM NO.3 AND SUBMITTED THAT THE ASSESSEE WISHES TO WITHDRAW THE APPEAL. THE LD A.R IN THAT LETTER SUBMITTED IT(TP)A NO.2903/BANG/2017 M/S. ALTEN CALSOFT LABS (INDIA) PVT. LTD., BANGALOR E PAGE 2 OF 2 THAT THE ASSESSEE MAY BE GIVEN LIBERTY TO SEEK RECA LL OF THE ORDER, IF SOMETHING GOES WRONG. 3. THE LD D.R DID NOT OBJECT TO THE PRAYER MADE B Y THE ASSESSEE. 4. WE HEARD THE PARTIES AND PERUSED THE RECORD. SINCE THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE UNDER DIRECT TAX VI VAD SE VISHWAS ACT, 2020, WE ARE OF THE VIEW THAT NO PURPOSE WILL BE SERVED IN KEEPING THIS APPEAL PENDING. ACCORDINGLY WE DISMISS THE AP PEAL OF THE ASSESSEE AS WITHDRAWN. HOWEVER, THE ASSESSEE IS GIV EN LIBERTY TO MOVE APPROPRIATE APPLICATION FOR RECALL OF THE PRES ENT ORDER IN ACCORDANCE WITH THE LAW, IF THE ASSESSEE INTENDS TO DO SO. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE I S DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 18 TH JUNE, 2021 SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER SD/- (GEORGE GEORGE K.) JUDICIAL MEMBER BANGALORE, DATED 18 TH JUNE, 2021. 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.