AON Specialist Services Private Limited, Bangalore V. Income Tax Officer, Ward - 1(1)(3), Bangalore

ITA 534/BANG/2017

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 7576 (ITAT-BANGALORE)
• Duration Of Justice: 6 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-09-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: misc
• Appeal Filed On: 07-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SANDEEP HAILGOUL
• Keywords: Transfer pricing
• Section: 154

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, BANGALORE BEFORE SHRI. SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI A. K. GARODIA, ACCOUNTANT MEMBER IT(TP)A NO. & ASSESSMENT YEAR APPELLANT RESPONDENT 534/BANG/2017 2012-13 M/S. AON SPECIALIST SERVICES PVT. LTD., 4 TH FLOOR, XCHANING TOWER, SJR 1 PARK, 13/14/15, EPIP INDUSTRIAL AREA, WHITEFIELD PHASE 1, BENGALURU-560066. PAN : AAFCA9306H INCOME-TAX OFFICER, WARD 1(1)(3), ROOM NO.203, 2 ND FLOOR, BMTC BUILDING, 80 FEET ROAD, 6 TH BLOCK, KORAMANGALA, BENGALORE - 560095. ASSESSEE BY : SHRI. SANDEEP HAILGOUL, ADVOCATE REVENUE BY : SHRI. SANJAY KUMAR, CIT-DR DATE OF HEARING : 21/09/2017 DATE OF PRONOUNCEMENT : 22/09/2017 O R D E R PER SUNIL KUMAR YADAV, JM : THIS APPEAL IS PREFERRED BY THE ASSESSEE AGAINST TH E ORDER PASSED CONSEQUENT TO THE ORDER OF THE DRP ON VARIOUS GROUN DS. DURING THE COURSE OF HEARING, THE LEARNED COUNSEL FOR THE ASSESSEE HAS A PPEARED AND MADE A STATEMENT THAT AO WHILE PASSING AN ORDER UNDER SECTION 154 OF THE ACT, RECTIFYING ITS FINAL ASSESSMENT ORDER TO GIVE FULL EFFECT OF DRPS DIREC TIONS, THE FINAL ASSESSMENT ORDER DETERMINING THE TRANSFER PRICING ADJUSTMENT R ESULTING INTO A NIL DEMAND. THEREFORE, ASSESSEE DOES NOT WANT TO PRESS THE GROU NDS RAISED IN HIS APPEAL AND INTENDS TO WITHDRAW THE SAME. IT(TP)A NO. 534/BANG/2017 PAGE 2 OF 2 2. THE LEARNED DR HAS NO OBJECTION TO THE REQUES T OF THE WITHDRAWAL OF THE ASSESSEE. ACCORDING APPEAL OF THE ASSESSEE IS DISM ISSED AS WITHDRAWN. 3 . IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 22 ND SEPTEMBER, 2017. SD/- SD/- (A. K. GARODIA) (SUNIL KUMAR YADAV) ACCOUNTANT MEMBER JUDICIAL MEMBER PLACE : BANGALORE DATED : 22/09/2017 /NSHYLU/* COPY TO : 1 APPELLANT 2 RESPONDENT 3 4 CIT DR 5 GUARD FILE BY ORDER SENIOR PRIVATE SECRETARY INCOME-TAX APP ELLATE TRIBUNAL BANGALORE