Appeal details
Counselvise Citation
[2023] 100 COUNSELVISE.COM (IT) 7983 (ITAT-BANGALORE)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
4 year(s) 9 month(s) 21 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
22-08-2023
Appeal Filed By
Assessee
Order Result
Allowed
Bench Allotted
A
Next Hearing Date
22-08-2023
Assessment Year
2014-2015
Appeal Filed On
01-11-2018
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI GEORGE GEORGE K, VICE PRESIDENT AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER IT(TP)A No.2971/Bang/2018 Assessment Year : 2014-15 M/s. Ribbon Communication Pvt. Ltd., (formerly known as Sonus Networks India Private Limited), Swarna Latha P V, 2 nd Floor, Delta Block, Embassy Tech Square, Kadubeesenahalli Village, Outer Ring Road, Varthur Hobli, Bengaluru – 560 103. PAN : AALCS 5706 R Vs. DCIT, Circle – 6(1)(2), Bengaluru. APPELLANT RESPONDENT Assessee by :Smt.Rashmi R, Advocate Revenue by:Shri.D. K. Mishra, CIT(DR)(ITAT), Bengaluru Date of hearing:23.08.2023 Date of Pronouncement:23.08.2023 O R D E R Per George George K, Vice President : This appeal at the instance of assessee is directed against the Assessment Order of DCIT (order dated 31.08.2023), passed under section 143(3) r.w.s. 144C(3) of the Income Tax Act, 1961 (hereinafter called ‘the Act’). The relevant Assessment Year is 2014-15. 2. When this appeal came up for hearing, the learned Counsel for assessee Smt. Rashmi R, Advocate, submitted that the principal grounds pertaining to transfer pricing are resolved under the Mutual Agreement Proceedings (MAP) and the grounds raised before the Tribunal are consequential in nature, and IT(TP)A No.2971/Bang/2018 Page 2 of 2 hence the assessee wants to withdraw the appeal filed before the Tribunal. Accordingly, the appeal is dismissed as withdrawn. 3. In the result, appeal of the assessee is dismissed as withdrawn. Pronounced in the open court on the date mentioned on the caption page. Sd/- Sd/- (LAXMI PRASAD SAHU) (GEORGE GEORGE K) Accountant Member Vice President Bangalore. Dated: 23.08.2023. /NS/* Copy to: 1.Appellants2.Respondent 3.CIT4.CIT(A) 5.DR6.Guard file By order Assistant Registrar, ITAT, Bangalore.
