M/sTE Connectivity India Private Limited, Bangalore V. DCIT, Bangalore

ITA 646/BANG/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5075 (ITAT-BANGALORE)
• Duration Of Justice: 4 year(s) 10 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-02-2021
• Assessment Year: 2011-2012
• Appeal Filed On: 28-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: MANJU PRASAD L
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES A, BANGALORE BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM IT(TP)A NO.3/BANG/2014 : ASST.YEAR 2008-2009 IT(TP)A NO.1600/BANG/2012 : ASST.YEAR 2008-2009 IT(TP)A NO.316/BANG/2014 : ASST.YEAR 2009-2010 IT(TP)A NO.215/BANG/2015 : ASST.YEAR 2010-2011 IT(TP)A NO.462/BANG/2015 : ASST.YEAR 2010-2011 IT(TP)A NO.645/BANG/2016 : ASST.YEAR 2011-2012 IT(TP)A NO.646/BANG/2016 : ASST.YEAR 2011-2012 M/S.TE CONNECTIVITY INDIA PRIVATE LIMITED (FORMERLY KNOWN AS M/S.TYCO ELECTRONICS SYSTEMS INDIA PVT. LTD.) NO.TE PARK, 22B DODDANEKUMDI, 2 ND PHSE, INDUSTRIAL AREA, WHITEFIELD RD BENGALURU 560 048. PAN : AABCT7374C. V. THE DY.COMMISSIONER OF INCOME-TAX (LTU) CIRCLE-1 BANGALORE. (APPELLANT) (RESPONDENT) APPELLANT BY : SRI.MANJU PRASAD L RESPONDENT BY : MS.NEERA MALHOTRA, CIT-DR DATE OF HEARING : 10.02.2021 DATE OF PRONOUNCEMENT : 10.02.2021 O R D E R PER BENCH : THESE APPEALS AT THE INSTANCE OF THE ASSESSEE ARE DIRECTED AGAINST VARIOUS ORDERS OF FINAL ASSESSMENT, PASSED U/S 143(3) R.W.S. 144C(13) OF THE I.T.ACT. THE RELEVANT ASSESSMENT YEARS ARE 2008-2009 TO 2011-2012. 2. AT THE TIME OF HEARING BEFORE US, THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE IS OPTING TO SETTLE THE ISSUE UNDER DIRECT TAXES VIVAD SE VISHWAS ACT, 2020. THUS, WE ARE OF THE VIEW THAT NO PURPOSE WOULD BE SERVED IN KEEPING THE APPEAL PENDING, SINCE THE PRESENT APPEALS HAVE TO BE IT(TP)A NO.3/BANG/2014 & ORS. M/S.TE CONNECTIVITY INDIA PVT.LTD. 2 WITHDRAWN BY THE ASSESSEE, ONCE THE DISPUTE IS SETTLED UNDER THE ABOVE SAID ACT. 3. ACCORDINGLY, WE DISMISS THE APPEALS OF THE ASSESSEE. HOWEVER, LIBERTY IS GIVEN TO THE ASSESSEE TO SEEK RECALL OF THIS ORDER, IF IT SO WARRANTS. 4. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED ON THIS 10 TH DAY OF FEBRUARY, 2021 . SD/- SD/- ( CHANDRA POOJARI ) ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 10 TH FEBRUARY, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE DRP-II, BANGALORE 4. THE CIT-III, BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE