Sri. Sunku Padmanabha, Bengaluru V. Income Tax Officer, Ward-5(2)(3), Bengaluru

SA 188/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5993 (ITAT-BANGALORE)
• Duration Of Justice: 10 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: C
• Assessment Year: 2014-2015
• Appeal Filed On: 22-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: K S NAGESH
• Keywords: Application of stay

Judgement Text

SP.188/BANG/2018 PAGE - 1 IN THE INCOME TAX APPELLATE TRIBUNAL BENGALURU BENCH 'C', BENGALURU BEFORE SHRI. INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI. LALIET KUMAR, JUDICIAL MEMBER STAY PETITION NO.188/BANG/2018 (IN I.T.A NO.2639/BANG/2017) (ASSESSMENT YEAR : 2014-15) SHRI.SUNKU PADMANABHA, NO.120/121, 5 TH MAIN ROAD, CHAMARAJPET, BENGALURU 560018 .. APPLICANT PAN : ACXPP4452A V. INCOME-TAX OFFICER, WARD -5(2)(3), BENGALURU .. RESPONDENT ASSESSEE BY : SHRI. K. S. NAGESH, ADVOCATE REVENUE BY : DR. P. V. PRADEEP KUMAR, ADDL. CIT HEARD ON : 29.06.2018 PRONOUNCED ON : 29.06.2018 O R D E R PER LALIT KUMAR, JUDICIAL MEMBER : THIS STAY PETITION IS FILED BY THE ASSESSEE, SEEKI NG STAY OF THE OUTSTANDING DEMAND OF RS.12,02,118/-, FOR THE ASSES SMENT YEAR 2014-15. 02. AT THE TIME OF HEARING, IT WAS SUBMITTED BY THE LEARNED COUNSEL FOR THE ASSESSEE THAT THE APPEAL IS FIXED F OR HEARING FOR SP.188/BANG/2018 PAGE - 2 11.07.2018 AND IN THE LIGHT OF THE ABOVE, THE ASSES SEE IS NOT PRESSING FOR ADJUDICATION OF THE STAY APPLICATION. 03. THE LD. DR HAS SUBMITTED THAT HE HAS NO OBJECTI ON FOR WITHDRAWAL OF THE STAY PETITION. 04. IN VIEW OF THE ABOVE, THE STAY PETITION IS DISM ISSED WITH A DIRECTION TO THE ASSESSEE TO FILE PAPER BOOKS ETC., IF ANY, WELL BEFORE THE DATE OF HEARING I.E.,11.07.2018, WITH A COPY TO THE OTHER PARTY. 05. IN THE RESULT, STAY PETITION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 29 TH DAY OF JUNE, 2018. SD/- SD/- (INTURI RAMA RAO) (LALIET KUMAR) ACCOUNTANT MEMBER JUDICIAL MEMBER BENGALURU DATED : 29.06.2018 MCN* COPY TO: 1. THE ASSESSEE 2. THE ASSESSING OFFICER 3. THE COMMISSIONER OF INCOME-TAX 4. COMMISSIONER OF INCOME-TAX(A) 5. DR 6. GF, ITAT, BANGALORE BY ORDER SENIOR PRIVATE SECRETARY, INCOME TAX APPELLATE TRIBUNAL, BANGALORE.