M/s United Technologies Corporation India Pvt. Ltd., New Delhi V. DCIT, New Delhi

ITA 6177/DEL/2015

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 7538 (ITAT-DELHI)
• Duration Of Justice: 8 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-08-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I1
• Next Hearing Date: 09-08-2016
• Assessment Year: 2011-2012
• Appeal Filed On: 20-11-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MUNESH KUMAR
• Assessee Lawyers: VIJAY IYER
• Keywords: Transfer pricing; Rectification of order

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH I : NEW DELHI) BEFORE SHRI S.V. MEHROTRA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER ITA NO.6177/DEL./2015 (ASSESSMENT YEAR : 2011-12) M/S. UNITED TECHNOLOGIES CORPORATION VS. DCIT, INDIA PRIVATE LIMITED, CIRCLE 27 (1), DLF CENTRE, 2 ND FLOOR, SANSAD MARG, NEW DELHI. NEW DELHI 110 001. (PAN : AACDG3742R) (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI VIJAY IYER, CA REVENUE BY : SHRI MUNESH KUMAR, CIT DR DATE OF HEARING : 09.08.2016 DATE OF ORDER : 09.08.2016 O R D E R PER KULDIP SINGH, JUDICIAL MEMBER : PRESENT APPEAL FILED BY M/S UNITED TECHNOLOGIES COR PORATION INDIA PRIVATE LIMITED (HEREINAFTER REFERRED TO AS THE AS SESSEE) CHALLENGING THE IMPUGNED ORDERS PASSED BY TPO/AO/ DRP DATED 29.01.2 015, 27.10.2015 AND 31.08.2015 RESPECTIVELY, STANDS DISMISSED AS WITHDR AWN HAVING BEEN BECOME INFRUCTUOUS IN VIEW OF THE FACT THAT CONSEQUENT UPO N THE RECTIFICATION ORDER DATED 09.12.2015 PASSED BY LD. DRP, THE ENTIRE ADDI TION MADE ON ACCOUNT OF TRANSFER PRICING ADJUSTMENT STANDS DELETED VIDE ASS ESSMENT ORDER DATED 20.06.2016 QUA 2011-12. ORDER PRONOUNCED IN OPEN COURT ON THIS 9 TH DAY OF AUGUST, 2016. SD/- SD/- (S.V. MEHROTRA) (KULDIP SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 9 TH DAY OF AUGUST, 2016/TS ITA NO.6177/DEL./2015 2 COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A) 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.