Shri. Ramesh Kumar Shah , Bangalore V. The Assistant Commissioner of Income Tax, Circle-5(2)(1), Bengaluru

SA 124/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5959 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 1 month(s) 3 day(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 01-05-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 28-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: B R RAMESH J
• Keywords: Application of stay
• Section: 12

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, B ENGALURU BEFORE S HRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER SP NO. 124 / BANG/20 18 (IN I TA NO. 595 / BANG/2 0 18 ) (ASSESSMENT YEAR: 20 14 - 15) SHRI RAMESH KUMAR SHAH, NO.1/ 1, 3 RD FLOOR, VINAYAKA TOWERS, 1 ST MAIN, 1 ST CROSS, GANDHINAGAR , BENGALURU - 560002 PAN: AOEPS 4203 F VS. PETITIONER ASST. COMMISSIONER OF INCOME - TAX, CIRCLE 5 (2)(1), BENGALURU. RESPONDENT PETITI O NER BY : SMT.SUMAN LUNKAR, CA. RESP ONDENT BY : SHRI B.R.RAMESH, JCIT(DR) DATE OF HEARING : 08 /0 6 /2018 DATE OF PRONOUNCEMENT : 08 / 0 6 /201 8 O R D E R PER I NTURI RAMA RAO, AM : THIS PETITION IS FILED BY THE ASSESSEE SEEKING STAY OF DEMAND OF RS. 76,01,775 / - FOR THE ASSESSMENT YEA R 2014 - 15. 2. IT IS SEEN FROM RECORD THAT THE STAY PETITION IS DEFECTIVE AND THE DEFECT HAS NOT BEEN RECTIFIED BY THE ASSESSEE . HENCE, THE STAY PETITION IS DISMISSED AS DEFECTIVE. ORDER PRONOUNCED IN THE OPEN COURT ON 08 TH JUNE , 2018 ( SUNIL KUMAR YADAV ) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER PLACE : BENGALURU. D A T E D : 08 / 0 6 /201 8 SRINIVASULU, SPS SP NO . 12 4 / BANG/201 8 PAGE 2 OF 2 COPY TO : 1 APPELLANT 2 RESPONDENT 3 CIT(A) 4 CIT 5 DR, ITAT, BANGALORE. 6 GUARD FILE BY ORDER SENIOR PRIVATE SECRETARY INCOME - TAX APPELLATE TRIBUNAL BANGALORE