DCIT, Bangalore V. M/s NXP Semiconductors India Pvt. Ltd., Bangalore

ITA 387/BANG/2015

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 1002 (ITAT-BANGALORE)
• Duration Of Justice: 6 year(s) 1 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-04-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 15-04-2021
• Assessment Year: 2010-2011
• Appeal Filed On: 17-03-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MUZAFFAR HUSSAIN BENGALURU
• Assessee Lawyers: SARAJ KUMAR PARIDAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT(TP)A NO.387/BANG/2015 ASSESSMENT YEAR: 20 1 0 - 1 1 ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -5(1)(1), BENGALURU. VS. M/S. NXP INDIA PVT. LTD., FORMERLY M/S. NXP SEMICONDUCTORS INDIA PVT. LTD., INFORMATION TECHNOLOGY PARK, NAGAWARA VILLAGE, KASABA HOBLI, NAGAWARA, BENGALURU 560 045. PAN NO : AA DCP 9454 H APPELLANT RESPONDENT REVENUE BY : SHRI. MUZAFFAR HUSSAIN, CIT(DR)(ITAT), BENGALURU ASSESSEE BY : SHRI. SARAJ KUMAR PARIDAN, CA DATE OF HEARING : 15 . 04 .20 2 1 DATE OF PRONOUNCEMENT : 15 . 04 .20 2 1 O R D E R PER CHANDRA POOJARI, AM: THIS APPEAL IS FILED BY THE REVENUE FOR THE ASSESSMENT YEAR 2010-11. 2. AT THE TIME OF HEARING, THE LD A.R SUBMITTED THAT THE ASSESSEE HAS FILED APPLICATION UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND HAS FILED FORM 1 AND 2. LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION. 3. WE HAVE HEARD THE RIVAL CONTENTIONS AND PERUSED THE MATERIAL ON RECORD. THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME, 2020. SINCE THE ASSESSEE HAS ALREADY FILED THE NECESSARY APPLICATION BEFORE THE TAX AUTHORITIES UNDER THE ABOVE SAID SCHEME, WE ARE OF THE VIEW THAT NO PURPOSE WILL BE SERVED IN KEEPING THIS APPEAL PENDING. ACCORDINGLY, APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN. IT(TP)A NO.387/BANG/2015 PAGE 2 OF 2 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/- SD/- SD/- (BEENA PILLAI) JUDICIAL MEMBER SD/- (CHANDRA POOJARI) ACCOUNTANT MEMBER BANGALORE, DATED : 15 TH APRIL 2021 NS* 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.