EMERSON PROCESS MANAGEMENT (INDIA) PVT LTD [SUCCESSOR IN INTEREST FOR ERSTWHILE PENTAIR VALVES AND CONTROLS INDIA PVT LTD], VADODARA V. ASST CIT CIRCLE- 2(1)(2), VADODARA

ITA 643/MUM/2020

• Counselvise Citation: [2023] 102 COUNSELVISE.COM (IT) 0611 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 8 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-10-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Next Hearing Date: 17-10-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 26-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

P a g e | 1 ITA No.643/Mum/2020 Emerson Process Management (I) Pvt. Ltd. Vs. The ACIT, Circle 2(1)(2) IN THE INCOME TAX APPELLATE TRIBUNAL “K” BENCH, MUMBAI BEFORE SHRI KULDIP SINGH, JUDICIAL MEMBER & SHRI AMARJIT SINGH, ACCOUNTANT MEMBER ITA No. 643/Mum/2020 (A.Y.2015-16) Emerson Process Management (India) Private Limited ( S u c c e s s o r i n i n t e r e s t f o r E r s t w h i l e P e n t a i r V a l v e s a n d c o n t r o l s I n d i a P v t . L t d . ) 3 rd Floor, 302, Synergy Square Complex Krishna Industrial Estate, Gorwa Vadodara, Gujarat- 390016 Vs. The Assistant Commissioner of Income Tax, Circle 2(1)(2) Room No. 405, 4 th Floor, Aayakar Bhavan, Race Course Circle, Vadodara, Gujarat 390007 स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AAACK8809L Appellant .. Respondent Appellant by : Ms. Kinjal Patel Respondent by : Manju Thakur Date of Hearing 18.10.2023 Date of Pronouncement 20.10.2023 आदेश / O R D E R PER AMARJIT SINGH, AM: The present appeal filed by the assessee is directed against the order passed by the CIT(A), which in turn arises from the order passed by the A.O. u/s 143(3) r.w.s 144C(13) of the Income Tax Act, 1961 for A.Y. 2015-16 . 2. At the outset, the ld. A.R. for the assessee brought to our notice the letter dated 12.10.2023 vide which the assessee requested to withdraw its appeals. The ld. D.R submitted that Revenue has no P a g e | 2 ITA No.643/Mum/2020 Emerson Process Management (I) Pvt. Ltd. Vs. The ACIT, Circle 2(1)(2) objection if the appeal is withdrawn. Hence, we dismiss the appeal as withdrawn. 3. In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court on 20.10.2023 Sd/- Sd/- (KULDIP SINGH) (AMARJIT SINGH) JUDICIAL MEMBER ACCOUNTANT MEMBER Mumbai, Dated 20.10.2023 PS: Rohit आदेश की प्रतितिति अग्रेतिि/Copy of the Order forwarded to : 1. अपीलाथी / The Appellant 2. प्रत्यथी / The Respondent. 4. आयकर आयुक्त(अपील) / Concerned CIT 5. विभागीय प्रविविवि, आयकर अपीलीय अविकरण, अहमदाबाद / DR, ITAT, Mumbai 6. गार्ड फाईल / Guard file. आदेशानुसार/BY ORDER, सत्यावपि प्रवि //True Copy// (Asst. Registrar) ITAT, Mumbai