Trianz Holdings Private Limited, Bangalore V. ITO, Bangalore

ITA 538/BANG/2015

• Counselvise Citation: [2015] 120 COUNSELVISE.COM (IT) 9759 (ITAT-BANGALORE)
• Duration Of Justice: 3 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-07-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 31-03-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANURAG SAHAI
• Keywords: Rectification of order
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCH B BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI JASON P. BOAZ, ACCOUNTANT MEMBER I.T . (T .P ) A. NO. 538 /BANG/20 1 5 (ASSESSMENT YEAR : 2010 - 11 ) TRAINZ HOLDINGS PVT. LTD., 165/2, 6THFLOOR, KA LYANI MAGNUM, DORAISANI PALYA, IIM POST, BANNERGHATTA ROAD, BANGALORE - 560 0 76 . APPELLANT. PAN AAFCA 8051P VS. INCOME TAX OFFICER , WARD 7 (1) (2) , BANGALORE. .. RESPONDENT. APPELLANT BY : MS. SUSAN MATHEW, C.A. R E SPONDENT BY : SHRI ANURAG SAHAI, CIT (D.R.) DATE OF H EARING : 2 9 .07.2015. DATE OF P RONOUNCEMENT : 2 9 .07 .201 5 . O R D E R PER SHRI JASON P. BOAZ , A.M . : THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF ASSESSMENT FOR ASSESSMENT YEAR 2010 - 11 PASSED UNDER SECTION 143(3) RWS 144C OF THE INCOME TAX ACT, 1961 (IN SHORT 'THE ACT') DT.30.1.2015 IN PURSUANCE OF THE DIRECTIONS OF THE DISPUTE RESOLUTION PANEL (DRP), BANGALORE. 2. IN THE COURSE OF HEARING OF THE APPEAL FOR ASSESSMENT YEAR 20 10 - 11, THE LEARNED AUTHORISED REPRESENTATIVE FILED A PETITION DT.5.5.2015 REQUESTING FOR WITHDRAWAL OF THIS APPEAL 2 IT ( TP ) A NO. 5 38 /BANG/201 5 BEFORE THE TRIBUNAL . IN THE FORWARDING LETTER DT.6.5.2015 ENCLOSING THE AFORESAID PETITION, IT IS SUBMITTED AS UNDER : .. THE ASSESSE E NOW INTENDS TO WITHDRAW THE APPEAL FOR ASSESSMENT YEAR 2010 - 11 CONSEQUENT TO THE REVISED DIRECTIONS ISSUED BY THE DRP AND RECTIFICATION ORDER PASSED BY THE ASSESSING OFFICER. 3. IN VIEW OF THE ASSESSEE'S REQUEST FOR WITHDRAWAL OF THIS APPEAL FILED BEFORE THE TRIBUNAL FOR ASSESSMENT YEAR 2010 - 11, THE SAME IS ALLOWED TO BE WITHDRAWN AND CONSEQUENTLY BEING RENDERED INFRUCTUOUS IS ACCORDINGLY DISMISSED. 4. IN THE RESULT, THE APPEAL IS DISMISSED FOR ASSESSMENT YEAR 2010 - 11. ORDER PRONOUN CED IN THE OPEN COURT ON 2 9 TH JULY, 2015. SD/ - (P. MADHAVI DEVI) JUDICIAL MEMBER SD/ - (JASON P BOAZ) ACCOUNTANT MEMBER *REDDY GP COPY TO : 1. APPELLANT 2. RESPONDENT 3. C.I.T. 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE. (TRUE COPY) BY ORDER ASST. REGISTRAR, ITAT, BANGALORE