Appeal details
Counselvise Citation
[2019] 117 COUNSELVISE.COM (IT) 6076 (ITAT-BANGALORE)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
7 month(s) 24 day(s)
Appellant
Respondent
Appeal Type
Income Tax (Transfer Pricing) Appeal
Pronouncement Date
01-05-2019
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
C
Assessment Year
2015-2016
Appeal Filed On
07-09-2018
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, JUDICIAL MEMBER AND SHRI ARUN KUMAR GARODIA, ACCOUNTANT MEMBER S.P. NO. 224/BANG/2018 (IN ITA NO. 2539 /BANG/201 8 ) ASSESSMENT YEAR : 20 1 5 - 1 6 SMT. MAYA DEVI KHEMKA, NO. 1126, 19 TH MAIN, 2 ND PHASE, JP NAGAR, BANGALORE 560 078. PAN: ACZPK8433A VS. THE INCOME TAX OFFICER, WARD 4 (3) (3), BANGALORE. APPELLANT RESPONDENT ASSESSEE BY : SHRI HARISH .V.S, ADVOCATE REVENUE BY : DR. P.V. PRADEEP KUMAR, A DDL. CIT (DR) DATE OF HEARING : 12 . 10 .201 8 DATE OF PRONOUNCEMENT : 12 . 10 .201 8 O R D E R PER SHRI A.K. GARODIA, ACCOUNTANT MEMBER; THIS STAY PETITION IS FILED BY THE ASSESSEE REQUEST ING FOR GRANTING OF STAY ON THE COLLECTION OF DISPUTED OUTSTANDING DEMAND OF RS. 17,65,600/- FOR ASSESSMENT YEAR 2015-16. 2. IN THE COURSE OF HEARING OF THE STAY PETITION, IT W AS SUBMITTED BY LD. AR OF ASSESSEE THAT HE DOES NOT WANT TO PRESS THE STAY PETITION BUT HE REQUESTE D THAT EARLY HEARING SHOULD BE GRANTED. THE LD. DR OF REVENUE SUBMITTED THAT NEITHER THE STAY NOR T HE EARLY HEARING SHOULD BE GRANTED. 3. WE HAVE CONSIDERED THE RIVAL SUBMISSIONS AND CONSID ERING THE FACTS OF THE PRESENT CASE WE HOLD THAT IN THE FACTS OF PRESENT CASE, GRANTING OF STAY IS NOT PROPER BUT EARLY HEARING MAY BE GRANTED TO THE ASSESSEE AND HENCE, WE DIRECT THE REGISTRY T O FIX THIS APPEAL FOR HEARING ON 24.10.2018 AND SINCE, THE DATE OF HEARING WAS PRONOUNCED IN TH E OPEN COURT, NO SEPARATE NOTICE OF HEARING IS REQUIRED TO BE ISSUED.THE STAY PETITION OF THE ASSE SSEE IS REJECTED AND EARLY HEARING IS GRANTED. 4. IN THE RESULT, THE STAY PETITION FILED BY THE ASSES SEE IS DISMISSED IN THE TERMS INDICATED ABOVE. ORDER PRONOUNCED IN THE OPEN COURT ON THE DATE OF H EARING ON CONCLUSION OF THE HEARING. SD/- SD/- (N.V. VASUDEVAN) (ARUN KUMAR GARODIA) JUDICIAL MEMBER ACCOUNTANT MEMBER BANGALORE, DATED, THE 12 TH OCTOBER, 2018. /MS/ S.P. NO. 224/BANG/2018 (IN ITA NO. 2539/BANG/2018) PAGE 2 OF 2 COPY TO: 1. APP ELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, BANGALORE.
