M/s NCR Corporation India Private Limited , Bangalore V. The Deputy Commissioner of Income Tax Circle-5(1)(1), Bangalore

ITTPA 3231/BANG/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6254 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 2 month(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 03-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 04-03-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 03-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MUZAFFAR HUSSAIN
• Assessee Lawyers: K R VASUDEVAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT(TP)A NO.3231/BANG/2018 ASSESSMENT YEAR : 2014-15 NCR CORPORATION INDIA PVT. LTD., 3 RD FLOOR, 11 PALACE ROAD, BENGALURU-560 052. PAN AAACN 7149 L VS. THE DY. COMMISSIONER OF INCOME-TAX, CIRCLE-5(1)(1), BENGALURU. APPELLANT RESPONDENT ASSESSEE BY : SHRI K.R VASUDEVAN, ADVOCATE REVENUE BY : SHRI MUZAFFAR HUSSAIN, JCIT (DR) DATE OF HEARING : 02-02-2021 DATE OF PRONOUNCEMENT : 03-02-2021 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL BY THE ASSESSEE HAS BEEN FILED BY AS SESSEE AGAINST DIRECTION DATED 5/9/2018 PASSED BY DRP-2, B ANGALORE, FOR ASSESSMENT YEAR 2014-15. 2. AT THE OUTSET, LD.AR VIDE LETTER DATED 27/01/202 1 SUBMITTED THAT ASSESSEE HAS DECIDED TO GO IN FOR VS VS 2020. IT IS ALSO BEEN SUBMITTED THAT ASSESSEE FILED FORM 1 & 2 IN RESPECT OF THIS APPEAL AND FORM 3 HAS ALSO RECEIVED. PAGE 2 OF 3 IT(TP)A NO.3231/BANG/2018 ACCORDINGLY, ASSESSEES APPEAL FOR YEAR UNDER CONSI DERATION IS ALLOWED TO BE WITHDRAWN.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 3 RD FEBRUARY, 2021 SD/- SD/- (CHANDRA POOJARI) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 3 RD 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 PAGE 3 OF 3 IT(TP)A NO.3231/BANG/2018 DATE INITIAL 1. DRAFT DICTATED ON ON DRAGON SR.PS 2. DRAFT PLACED BEFORE AUTHOR -2-2021 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER -2-2021 JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. -2-2021 JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS -2-2021 SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON -2-2021 SR.PS 7. DATE OF UPLOADING THE ORDER ON WEBSITE -2-2021 SR.PS 8. IF NOT UPLOADED, FURNISH THE REASON -- SR.PS 9. FILE SENT TO THE BENCH CLERK -2-2021 SR.PS 10. DATE ON WHICH FILE GOES TO THE AR 11. DATE ON WHICH FILE GOES TO THE HEAD CLERK. 12. DATE OF DISPATCH OF ORDER. 13. DRAFT DICTATION SHEETS ARE ATTACHED NO SR.PS