Sr. Loganathan Manickam, Bengaluru V. Assistant Commissioner of Income Tax, Circle-5(1)(2), Bengaluru

SA 106/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5867 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 1 month(s) 9 day(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 01-05-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 22-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: V CHANDRASEKAR SMT PADMA
• Keywords: Application of stay

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BANGALORE BENCH B BEFORE SHRI N.V VASUDEVAN, JUDICIAL MEMBER AND SHRI A.K GARODIA, ACCOUNTANT MEMBER S.P NO.106/BANG/2018 (IN ITA NO.776/BANG /2018) (ASST. YEARS 2014-15) SHRI LOGANATHAN MANICKAM, POP: M/S PERFECT TOOLS, NO.16, BYRAWESHWARA INDUSTRIAL ESTATE, ANDRAHALLI, MAIN ROAD, PEENYA 2 ND STAGE, PEENYA, BENGALURU. . APPELLANT VS. THE ASST. COMMISSIONER OF INCOME-TAX, CIRCLE-5(1)(2), BENGALURU. . RESPONDENT APPELLANT BY : SHRI V CHANDRASEKAR, ADVOCATE RESPONDENT BY : SMT. PADMA MEENKASHI, JCIT DATE OF HEARING : 6-04-2018 DATE OF PRONOUNCEMENT : 6-04-2018 O R D E R PER SHRI N.V VASUDEVAN, JUDICIAL MEMBER : THIS APPLICATION FILED BY THE ASSESSEE PRAYING FOR AN ORDER OF STAY OF RECOVERY OF OUTSTANDING DEMAND RELATING TO ASSESSM ENT YEAR 2014-15. SP NO.106/B/1 8 2 2. WHEN THE STAY APPLICATION WAS TAKEN UP FOR HEARI NG WHICH AGREED BY THE PARTIES BEFORE US THAT IF THE APPEAL IS TAKEN OUT O F TURN FOR HEARING THAT WOULD MEET THE ENDS OF JUSTICE. ACCORDINGLY, THE APPEAL IS FI XED OUT OF TURN FOR HEARING ON 6/6/2018. THE DATE OF HEARING WAS ANNOUNCED IN THE OPEN COURT AND HENCE NO NOTICE OF HEARING WILL BE SENT TO THE PARTIES. IN THE RESULT, THE STAY PETITION IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 6 TH APRIL, 2018 . SD/- SD/- (A.K GARODIA) (N.V VASUDEVAN) ACCOUNTANT MEMBER JUDICIAL MEMB ER BANGALORE DATED : 6/4/2018 VMS COPY TO :1. THE ASSESSEE 2. THE REVENUE 3.THE CIT CONCERNED. 4.THE CIT(A) CONCERNED. 5.DR 6.GF BY ORDER SR. PRIVATE SECRETARY, ITAT, BAN GALORE SP NO.106/B/1 8 3 1. DATE OF DICTATION 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER . 3. DATE ON WHICH THE APPROVED DRAFT COMES TO SR. P.S... 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER .. 5. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE S R. P.S. .. 6. DATE OF UPLOADING THE ORDER ON WEBSITE .. 7. IF NOT UPLOADED, FURNISH THE REASON FOR DOING SO .. 8. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK .. 9. DATE ON WHICH ORDER GOES FOR XEROX & ENDORSEMENT.. 10. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK . 11. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER . 12. THE DATE ON WHICH THE FILE GOES TO DISPATCH SEC TION FOR DISPATCH OF THE TRIBUNAL ORDER . 13. DATE OF DESPATCH OF ORDER. ..