M/s Friends Veener & Ply , Mangalore V. Assistant Commissioner of Income Tax (Intl. Taxn) , Mangalore

ITA 3141/BANG/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4009 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 10 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-10-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 26-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A SRINIVAS RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES C, BANGALORE BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM ITA NO.3140/BANG/2018 : ASST.YEAR 2014-2015 ITA NO.3141/BANG/2018 : ASST.YEAR 2014-2015 M/S.FRIENDS VEENER & PLY PLOT NO.407, 408 BAIKAMPADY INDUSTRIAL AREA BAIKAMPADY MANGALORE 575 011. PAN : AADFF0269K. V. THE ASST.COMMISSIONER OF INCOME-TAX (INTERNATIONAL TAXATION), MANGALORE. (APPELLANT) (RESPONDENT) APPELLANT BY : --- NONE--- RESPONDENT BY : SRI.A.SRINIVAS RAO, CIT-DR DATE OF HEARING : 07.10.2021 DATE OF PRONOUNCEMENT : 07.10.2021 O R D E R THESE APPEALS AT THE INSTANCE OF THE ASSESSEE ARE DIRECTED AGAINST THE CIT(A)S ORDER DATED 12.03.2016. THE RELEVANT ASSESSMENT YEAR IS 2014-2015. 2. AT THE TIME OF HEARING BEFORE US, THE LEARNED AR HAS PLACED A LETTER DATED 01.10.2021, WHEREIN IT WAS STATED THAT THE ASSESSEE HAS OPTED TO RESOLVE THE DISPUTE RAISED IN THESE APPEALS UNDER THE PROVISIONS OF DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND PRAYED THAT THE APPEALS MAY BE TREATED AS WITHDRAWN. IN VIEW OF THE LETTER FURNISHED BY THE LEARNED AR, WE DISMISS THE APPEALS FILED BY THE ASSESSEE AS WITHDRAWN. ITA NOS.3140-3141/BANG/2018. M/S.FRIENDS VEENER & PLY. 2 3. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED ON THIS 7 TH DAY OF OCTOBER, 2021 . SD/ - ( CHANDRA POOJARI ) SD/ - ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 07 TH OCTOBER, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT(A)-12, BANGALORE 4. THE CIT (INTERNATIONAL TAXATION), BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE