Network Systems and Technologies Limited ( Merged to SFO Technologies P. Ltd), Kochi V. ACIT, Corp Range-2, Kochi

ITTPA 220/COCH/2019

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 9160 (ITAT-COCHIN)
• Duration Of Justice: 2 year(s) 7 month(s) 12 day(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 07-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 25-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 154

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN Before Shri Chandra Poojari, AM & Shri George Mathan, JM IT(TP)A No. 220/Coch/2019 (Assessment Year: 2019) Network Systems & Technologies Ltd (Merged to SFO Technolgies Pvt. Ltd.) Plot No. 2, Copchin Special Economic Zone, Kakkanad Cochin - 682037 Vs. ACIT, Corporate Range-2 3rd Floor, CR Building I.S. Press Road Kochi - 682018 PAN – AAACN7419B Appellant Respondent Appellant by: Shri Anil D. Nair, Advocate Respondent by: Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing: 08.11.2021 Date of Pronouncement: 08.11.2021 O R D E R Per: Bench This is an appeal filed by the assessee against the order of the ACIT, Corporate Range-2 under Section 154 of the Income Tax Act, 1961 dated 06.12.2018 for AY 2009-10. 2. Shri Anil D. Nair, Advocate appeared on behalf of the assessee and Smt. J.M. Jamuna Devi, Sr. D.R. appeared on behalf of Revenue. 3. At the time of hearing it was found from record that the assessee has filed an application under Vivad-se-Viswas Scheme of 2020. A copy of the same is taken note of and kept on record. 4. As the assessee’s application under Vivad-se-Viswas Scheme 2020 has been accepted by Revenue and appeal filed by the assessee IT(TP)A No. 220/Coch/2019 Network Systems & Technologies Ltd. 2 no more survives and consequently the appeal stands dismissed as withdrawn. Dictated and pronounced in the open Court on 8 th November, 2021. Sd/- Sd/- Chandra Poojari (George Mathan) Accountant Member Judicial Member Cochin, Dated: 8 th November, 2021 Copy to: 1. The Appellant 2. The Respondent 3. The CIT(A) -concerned 4. The Pr.CIT - concerned 5. The DR, ITAT, Cochin 6. Guard File By Order //True Copy// Assistant Registrar ITAT, Cochin n.p.