Schneider Electric IT Business India Private Limited , Bangalore V. Commissioner of Income Tax LTU , Bangalore

ITA 879/BANG/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6236 (ITAT-BANGALORE)
• Duration Of Justice: 4 year(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 20-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES A, BANGALORE BEFORE SHRI GEORGE GEORGE K, JM & SHRI B.R.BASKARAN, AM ITA NO.879/BANG/2017 : ASST.YEAR 2010-2011 M/S. SCHNEIDER ELECTRIC IT BUSINESS INDIA PRIVATE LIMITED (FORMERLY KNOWN AS AMERICAN POWER CONVERSION (INDIA) PVT.LTD. SY NO.187/3 AND 188/3 JIGANI INDUSTRIAL AREA, JIGANI BANGALORE 562106. PAN : AACCA6398Q. V. THE COMMISSIONER OF INCOME - TAX, LTU, BANGALORE. (APPELLANT) (RESPONDENT) APPELLANT BY : SRI.DHIRAJ R., CA RESPONDENT BY : MS.NEERA MALHOTRA, CIT-DR DATE OF HEARING : 21.04.2021 DATE OF PRONOUNCEMENT : 21.04.2021 O R D E R PER GEORGE GEORGE K, JM THIS APPEAL AT THE INSTANCE OF THE ASSESSEE IS DIRECTED AGAINST CITS ORDER DATED 18.02.2019, PASSED U/S 263 OF THE I.T.ACT. THE RELEVANT ASSESSMENT YEAR IS 2010-2011. 2. AT THE TIME OF HEARING BEFORE US, THE LEARNED COUNSEL FOR THE ASSESSEE VIDE LETTER DATED 20 TH APRIL, 2021 HAD PRAYED THAT THE APPEAL MAY BE DISMISSED AS WITHDRAWN. ACCORDINGLY, WE DISMISS THE APPEAL FILED BY THE ASSESSEE AS WITHDRAWN. ITA NO.879/BANG/2017. M/S.SCHNEIDER ELECTRIC IT BUSINESS INDIA PVT.LTD. 2 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED ON THIS 21 ST DAY OF APRIL, 2021. SD/- SD/- ( B.R.BASKARAN ) ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 21 ST APRIL, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT (LTU), BANGALORE. 4. THE CIT, BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE