Kanai Technology Parks Pvt Ltd , Bangalore V. Deputy Commissioner of Income Tax Circle-4(1)(1), Bangalore

ITA 697/BANG/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6376 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 9 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 09-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R PREMI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.697/BANG/2019 ASSESSMENT YEAR : 2015-16 M/S. KANAI TECHNOLOGY PARKS PVT. LTD., NO.150, 1 ST FLOOR, EMBASSY POINT, INFANTRY ROAD, BENGALURU-560 001. PAN AACCV 3430 G VS. THE DY. COMMISSIONER OF INCOME-TAX, CIRCLE-4(1)(1), BENGALURU. APPELLANT RESPONDENT APPELLANT BY : SMT. TANMAYEE RAJKUMAR, ADVOCATE RESPONDENT BY : SMT. R PREMI, JCIT (DR) DATE OF HEARING : 28-01-2021 DATE OF PRONOUNCEMENT : 01-02-2021 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL BY THE ASSESSEE HAS BEEN FILED BY AS SESSEE AGAINST ORDER DATED 25/01/2019 PASSED BY CIT(A)-4, BANGALORE, FOR ASSESSMENT YEAR 2015-16. 2. AT THE OUTSET, LD.AR VIDE LETTER DATED 19/01/202 1 SUBMITTED THAT ASSESSEE HAS DECIDED TO GO IN FOR VS VS 2020. IT IS PAGE 2 OF 3 ITA NO.697/BANG/2019 ALSO BEEN SUBMITTED THAT ASSESSEE FILED FORM 1 & 2 IN RESPECT OF THIS APPEAL AND FORM 3 HAS ALSO RECEIVED. ACCORDINGLY, ASSESSEES APPEAL FOR YEAR UNDER CONSI DERATION IS ALLOWED TO BE WITHDRAWN. IN THE RESULT, ASSESSEES APPEAL ARE DISMISSED AS W ITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 1 ST FEBRUARY, 2021 SD/- SD/- (CHANDRA POOJARI) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 1 ST FEBRUARY, 2021. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE