Sri. Shailesh Haran, Bengaluru V. Income Tax Officer, Ward-5(2)(1), Bengaluru

SA 94/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5898 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 1 month(s) 17 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: 15-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Reasonable cause

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, B ENGALURU BEFORE S HRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER STAY PETN.NO. 94 / B /2018 (IN I TA NO. 2632 / BANG/2 0 17 ) (ASSESSMENT YEAR: 201 4 - 1 5 ) SHRI SHAILESH HAR AN, NO.47, S B ROAD, V.V.PURAM, BENGALURU. PAN:ABYPJ6916D VS. PETITIONER INCOME - TAX OFFICER, WARD 5(2)(1), BENGALURU. RESPONDENT PETITIONER BY : SMT.SHEETAL BORKAR, ADVOCATE. RESPONDENT BY : DR.P.V.PRADEEP KUMAR, ADDL.CIT(DR) DATE OF HEARING : 23 /0 3 /2018 DATE OF PRONOUNCEMENT : 23 / 03 /201 8 O R D E R PER I NTURI RAMA RAO, AM : THROUGH THIS STAY PETITION, ASSESSEE SEEKS STAY OF RECOVERY OF OUTSTANDING DEMAND OF RS. 62,73,677/ - 2. AFTER CONSIDERING THE RIVAL SUBMI SSIONS WE ARE OF THE CONSIDERED OPINION THAT IT IS NOT A FIT CASE FOR GRANT OF STAY. HOWEVER, WE GRANT EARLY HEARING OF THE APPEAL AND DIRECT THE REGISTRY TO POST THE CASE FOR HEARING ON 16/04/201 8 . THE ASSESSEE SHALL NOT SEEK ADJOURNMENT FRO M HEARING OF THE APPEAL WITHOUT ANY JUST AND REASONABLE CAUSE. 3. IN THE RESULT, THE STAY PETITION IS REJECTED. ORDER PRONOUNCED IN THE OPEN COURT ON 23 RD MARCH, 2018. S D/ - SD/ - ( SUNIL KUMAR YADAV ) (INTURI RAMA RAO) JUDICIAL MEMBER A CCOUNTANT MEMBER PLACE : BENGALURU. D A T E D : / 0 3 /201 8 SP NO . 9 4 /B AN G /201 8 PAGE 2 OF 2 SRINIVASULU, SPS COPY TO : 1 PETITIONER 2 RESPONDENT 3 CIT(A) 4 CIT 5 DR, ITAT, BANGALORE. 6 GUARD FILE BY O RDER SENIOR PRIVATE SECRETARY INCOME - TAX APPELLATE TRIBUNAL BANGALORE