Orange Business Services India Solutions Pvt. Ltd., Gurgaon V. DCIT, Gurgaon

ITA 5666/DEL/2016

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 5443 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2008-2009
• Appeal Filed On: 04-11-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: H K CHAUDHARY
• Keywords: Rectification of order
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: I-2 NEW DELHI BEFORE SHRI P.M. JAGTAP, ACCOUNTANT MEMBER & SMT. BEENA A PILLAI, JUDICIAL MEMBER ITA NO.- 5666/DEL/2016 ( ASSESSMENT YEAR: 2008-09) ORANGE BUSINESS SERVICE INDIA SOLUTIONS PVT. LTD. (EARLIER KNOW AS EQUANT SOLUTIONS INDIA PVT. LTD.) TOWER-B, 8 TH FLOOR, DLF INFINITY TOWER, PHASE II, CYBER CITY, SECTION 25, GURGAON, HARYANA. VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE -3, GURGAON. PAN NO: AABCE4540P APPELLANT RESPONDENT ASSESSEE BY : SH. ANUBHAV RASTOGI (ADV.) REVENUE BY : SH. H.K. CHAUDHARY (SR. D/R) DATE OF HEARING : 26.04.2018. DATE OF PRONOUNCEMENT: 26/04/2018. ORDER PER: P.M. JAGTAP, ACCOUNTANT MEMBER THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINS T THE ORDER OF LD. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GURGAON , HARYANA (ASSESSING OFFICER) DATED 31.08.2016, PASSED UNDER SECTION 143 (3) READ WITH SECTION 144C 2 ITA NO. 5666/DEL/2016. ORANGE BUSINESS SERVICES INDIA SOLUTIONS PVT. LTD. OF THE INCOME TAX ACT, 1961, WHEREBY HE MADE ADDITION OF RS. 4,61,21,424/- TO THE TOTAL INCOME OF THE ASSESSEE ON ACCOUNT OF TRAN SFER PRICING ADJUSTMENTS. 2. AT THE TIME OF HEARING OF THE APPEAL FIXED TODAY , THE ASSESSEE HAS MOVED AN APPLICATION SEEKING PERMISSION OF THE BENCH TO WI THDRAW THIS APPEAL ON THE GROUND THAT THE RELIEF AS SOUGHT IN THE SAID APPEAL HAS ALREADY BEEN ALLOWED BY THE AO BY WAY OF RECTIFICATION ORDER PASSED U/S 154. SINCE THE LD. DR HAS NOT RAISED ANY OBJECTION IN THIS REGARD, THE PERMISSION AS SOUGHT BY THE ASSESSEE IS GRANTED AND THIS APPEAL OF THE ASSESSEE IS DISMISSE D AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. ORDER PRONOUNCED IN THE OPEN COURT ON 26/4/2018 SD/- SD/- (BEENA A PILLAI) (P.M JAGTAP) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 26.04.2018 POOJA/- COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI 3 ITA NO. 5666/DEL/2016. ORANGE BUSINESS SERVICES INDIA SOLUTIONS PVT. LTD.