FEDERAL EXPRESS CORPORATION, MUMBAI V. DDIT (IT) 3(2), MUMBAI

ITA 7136/MUM/2010

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 9263 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 2 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-12-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: L
• Next Hearing Date: 20-12-2012
• Assessment Year: 2007-2008
• Appeal Filed On: 18-10-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA NOS.7136 & 7188 OF 2010 FEDERAL EXPRESS CORPORA TION MUMBAI PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL 'L' BENCH, MUMBAI BEFORE SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER & SHRI AMIT SHUKLA, JUDICIAL MEMBER AND ITA NOS. 7136 & 7188/MUM/2010 (ASSESSMENT YEAR: 2007-08) FEDERAL EXPRESS CORPORATION, CHEMTEX BUSINESS CENTRE, CHEMTED HOUSE, HIRANANDANI GARDENS, MAIN STREET, POWAI, MUMBAI 400 076 PAN: AAACF 4135 E VS. DDIT/ADIT (IT) 3(2), SCINDIA HOUSE, 1 ST FLOOR, BALLARD PIER, MUMBAI 400038 (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI MANISH KANTH DEPARTMENT BY: SHRI MAHESH KUMAR, CIT(DR) DATE OF HEARING: 20/12/2012 DATE OF PRONOUNCEMENT: 20/12/2012 O R D E R PER BENCH: THESE ARE TWO APPEALS BY ASSESSEE, ONE AGAINST THE ORDER OF THE CIT (A)-10 MUMBAI AND THE OTHER AGAINST THE ORD ER OF THE DRP ON THE DRAFT ORDER AND FINAL ORDERS PASSED BY AO FO R THE SAME ASSESSMENT YEAR. WHEN THE APPEALS WERE TAKEN UP, AS SESSEE FILED LETTER DATED 18.12.2012 WITHDRAWING THE ABOVE APPEA LS UNDER RULE 44H OF THE INCOME TAX RULES AS ASSESSEE FILED LETTE R DATED 13.11.2012 COMMUNICATING ITS ACCEPTANCE TO THE RESO LUTION TAKEN UNDER THE MUTUAL AGREEMENT PROCEDURE (MAP) BETWEEN THE AUTHORITIES OF INDIA AND USA BASED ON IT COMBINED W RITING OF LETTER DATED 08.08.2012 APPROVED BY THE US COMPETENT AUTHO RITY AND LETTER DATED NOVEMBER 30, 2012 BY DD(IT)-3(2). ITA NOS.7136 & 7188 OF 2010 FEDERAL EXPRESS CORPORA TION MUMBAI PAGE 2 OF 2 2. THE LEARNED DR HAS NO OBJECTION. THEREFORE, THESE T WO APPEALS ARE TREATED AS WITHDRAWN. 3. IN THE RESULT, APPEALS FILED BY ASSESSEE ARE DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 20 TH DECEMBER, 2012. SD/- SD/- (AMIT SHUKLA) (B. RAMAKOTAIAH) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI, DATED 20 TH DECEMBER, 2012. VNODAN/SPS COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CONCERNED CIT(A) 4. THE CONCERNED CIT 5. THE DR, L BENCH, ITAT, MUMBAI BY ORDER ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCHES, MUMBAI