Garrett Motion Technologies (India) Private Limited (Formerly Known as Honeywell Turbo Technologies (India) Private Limitedas Legal Successor to Honeywell Turbo India Pvt. Ltd), Pune V. The Deputy Commissioner of Income-Tax, Circle -1(2), Pune

ITA 548/PUN/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5699 (ITAT-PUNE)
• Duration Of Justice: 9 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 29-06-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ARISE OUT OF DATED PASSED
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH , A PUNE VIRTUAL COURT BEFORE SH RI R.S. SYAL, VICE PRESIDENT AND SH RI S.S.VISWANETHRA RAVI , J UDICIAL MEMBER . / ITA NO. 548 / PUN /20 20 / ASSESSMENT YEAR : 20 0 7 - 08 GARRETT MOTI ON TECHNOLOGIES (INDIA) PRIVATE LIMITED (FORMERLY KNOWN AS HONEYWELL TURBO TECHNOLOGIES (INDIA) PRIVATE LIMITED AS LEGAL SUCCESSOR TO HONEYWELL TURBO INDIA PVT. LTD.), PLOT NO.4A, RAISONI INDUSTRIAL ESTATE, NEAR HINJEWADI PHASE II, VILLAGE MANN, TALUKA MUL SHI, PUNE 411 057 PAN : AABCH5035J VS. DCIT, CIRCLE - 1(2) , PUNE APPELLANT RESPONDENT / ORDER TH IS APPEAL BY THE ASSESSEE ARISE OUT OF THE ORDER DATED 06 - 02 - 2020 PASSED BY THE CIT (A) - 13 , PUNE IN RELATION TO THE ASSESSMENT YEAR 2007 - 08 . 2. BEFORE US, THE DIRECTOR OF THE ASSES SEE HAS FILED LETTER DATED 1 5 - 04 - 2021 SEEKING WITHDRAWAL OF THE APPEAL. THE RELEVANT CONTENTS OF SUCH LETTER READ S AS UNDER : WE REFER TO THE ABOVE - MENTIONED APPEAL FILED BY THE APPELLANT. IN THIS REGARD, THE APPELLANT SUBMITS THAT IT HAS OPTED FOR DISPUTE RESOLUTION UNDER DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND THE DESIGNATED AUTHORITY HAS ISSUED FORM 3 ON 19 FEBRUARY 2021 FOR THE SAID ASSESSMENT YEAR (COPY OF THE FORM 3 FOR AY 2007 - 08) HAS BEEN ENCLOSED AS ATTACHMENT 1). ASSESSEE BY SHRI RAJENDRA AGIWAL REVENUE BY SHRI MAHADEVAN A.M. KRISH A NAN DATE OF HEARING 27 - 04 - 2021 DATE OF PRONOUNCEMENT 27 - 0 4 - 2021 ITA NO . 548 /PUN/ 20 20 GARRETT MOTION TECHNOLOGIES (INDIA) PVT. LTD., 2 ACCORDINGLY, THE APPELLANT SUBMITS THAT IT IS IN THE PROCESS OF FILING FORM 4 AND WISHE S TO WITHDRAW THE AFOREMENTIONED APPEAL FOR THE CAPTIONED YEAR (VIZ., ITA NO.548/PUN/2020). THE APPELLANT REQUESTS YOUR HONOURS TO ACCEPT THE WITHDRAWAL REQUEST AND ISSUE THE REQUIRED ORDER. IN CASE YOUR HONOURS REQUIRED ANY FURTHER DETAILS, DO LET US KN OW, THE APPELLANT SHALL BE GLAD TO PROVIDE THE SAME. 3. THE LD. DR DID NOT RAISE ANY OBJECTION TO THE WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE. AS SUCH, THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. 4. IN THE RESULT, THE APPEAL IS DISMISS ED AS WITHDRAWN. O RDER PRONOUNCED IN THE OPEN COURT ON 27 TH APRIL , 2021 . SD/ - SD/ - ( S.S.VISWANETHRA RAVI ) (R.S.SYAL) JUDICIAL MEMBER VICE PRESIDENT PUNE ; DATED : 27 TH APRIL , 2021 ITA NO . 548 /PUN/ 20 20 GARRETT MOTION TECHNOLOGIES (INDIA) PVT. LTD., 3 / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. THE CIT (A) - 13 , PUNE 4. 5. 6. THE P CIT - 5 , PUNE DR, ITAT, A BENCH, PUNE / GUARD FILE . / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE DATE 1. DRAFT DICTATED ON 27 - 04 - 2021 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 27 - 04 - 2021 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.P S 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER.