M/s GE power Electronics India Private Limited , Bangalore V. The Assistant Commissioner of Income Tax Circle-3(1)(2), Bangalore

ITA 357/BANG/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1943 (ITAT-BANGALORE)
• Duration Of Justice: 3 year(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 25-02-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 05-02-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 144C

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES A, BANGALORE BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM IT(TP)A NO.357/BANG/2018 : ASST.YEAR 2013-2014 M/S. GE POWER ELECTRONICS INDIA PRIVATE LIMITED VELANKANI TECH PARK SURVEY NO.43,44/3(P), 46(P), ELECTRONIC CITY, PHASE-II BEGUR HOBLI BANGALORE 560 100. PAN : AABCL3929K. V. THE ASST.COMMISSIONER OF INCOME-TAX, CIRCLE 3(1)(2) BANGALORE. (APPELLANT) (RESPONDENT) APPELLANT BY : --- NONE --- RESPONDENT BY : MS.NEERA MALHOTRA, CIT-DR DATE OF HEARING : 25.02.2021 DATE OF PRONOUNCEMENT : 25.02.2021 O R D E R PER GEORGE GEORGE K, JM : THIS APPEAL AT THE INSTANCE OF THE ASSESSEE IS DIRECTED AGAINST THE ASSESSMENT ORDER DATED 30.10.2017 PASSED U/S 143(3) R.W.S. 144C OF THE I.T.ACT, 1961. THE RELEVANT ASSESSMENT YEAR IS 2013-2014. 2. AT THE TIME OF HEARING BEFORE US, IT WAS NOTICED THAT THE ASSESSEE VIDE LETTER DATED 25 TH FEBRUARY, 2021, HAD STATED THAT IT HAS FILED APPLICATION TO RESOLVE THE DISPUTE RAISED IN THIS APPEAL UNDER THE PROVISIONS OF DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND APPEAL MAY BE TREATED AS WITHDRAWN, WITH THE LIBERTY TO MOVE APPROPRIATE APPLICATION FOR RECALLING THE PRESENT ORDER, IF APPLICATION UNDER DIRECT TAX VIVAD SE VISHWAS ACT, IT(TP)A NO.357/BANG/2018 M/S.GE POWER ELECTRONICS INDIA PVT. LTD. 2 2020 IS NOT PROCEEDED WITH. ACCORDINGLY, WE DISMISS THE APPEAL FILED BY THE ASSESSEE AS WITHDRAWN. THE ASSESSEE IS GIVEN LIBERTY TO MOVE APPROPRIATE APPLICATION FOR RECALLING THIS PRESENT ORDER, IN ACCORDANCE WITH LAW, IF APPLICATION UNDER DIRECT TAX VIVAD SE VISHWAS ACT, 2020 IS NOT PURSUED. IT IS ORDERED ACCORDINGLY. 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED ON THIS 25 TH DAY OF FEBRUARY, 2021 . SD/- SD/- ( CHANDRA POOJARI ) ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 25 TH FEBRUARY, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE DRP-1, BANGALORE. 4. THE CIT -3, BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE