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Income Tax Appellate Tribunal - Kolkata

Reckitt Benckiser (India) Pvt. Ltd., ... vs Cit -4, Kolkata, Kolkata on 31 January, 2017

                   IN THE INCOME TAX APPELLATE TRIBUNAL
                          Kolkata Bench, KOLKATA
                             (Bench- "A")

             BEFORE SRI ABY T.VARKEY, JUDICIAL MEMBER AND
               SHRI WASEEM AHMED, ACCOUNTANT MEMBER

                            I.T.A No. 1222/Kol/2016
                           Assessment Year: 2010-11


      Reckitt Benckiser (India) (P) Ltd.              D.C.I.T., Circle-12(1), Kolkata
                                             -Vs-

      [PAN :AABCR2666Q]
      (Appellant)                                     (Respondent)

                For the Appellant             Amit Sharma, ACA

                For the Respondent            Rajat Subra Biswas, CIT, DR.
                Date of Hearing               11.01.2017
                Date of Pronouncement         31.01.2017



                                           ORDER


Per Aby T.Varkey, JM

This is an appeal preferred by the assessee company against the order of the CIT-4, Kolkata, passed u/s 263 of the Act dt. 28.03.2016 for assessment year 2010-

11.

2. At the outset itself the Ld. AR, Sri Amit Sharma, CA, submitted that pursuant to the order of the CIT, dt. 28.03.2016, u/s 263 of the Act, the AO has given effect to the order u/s 263/143B of the Act vide order dt. 29.12.2016, wherein no addition, adjustments have been made by the AO in the total income of the company 2 ITA No.1222/Kol/2016 Reckitt Benckiser (India)(P)(Ltd.) A.Yr.2010-11 for the assessment year 2010-11. Therefore, no grievance is left to be redressed by this Tribunal in this matter, so the assessee wants to withdraw the appeal.

The Ld. DR does not have any objection in the assessee withdrawing the appeal.

3. We have heard both the parties and perused the records. We have gone through the order of assessment passed pursuant to the order of the Ld. CIT, u/s 263 of the Act, dt. 28.03.2016. The AO has given effect to the order of Ld. CIT vide order dt. 29.12.2016. We take note that there is no addition/disallowances has been made in the total income of the assessee. Therefore, the Ld. AR submitted that they have no grievance left to be redressed by us, therefore, we allow the prayer of the assessee to withdraw the appeal.

9. In the result the appeal of the assessee is dismissed as withdrawn.

Order pronounced in the Court on 31.01.2017.

              Sd/-                                           Sd/-
     [Shri Wassem Ahmed]                               [A.T.Varkey]
      Accountant Member                               Judicial Member


Dated : 31.01.2017

{SC SPS}




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                                                                      ITA No.1222/Kol/2016
                                                            Reckitt Benckiser (India)(P)(Ltd.)
                                                                             A.Yr.2010-11


Copy of the order forwarded to:

1. Reckitt Benckiser (India) Pvt. Ltd. Diamond Prestige, 3rd Floor, Suit No. 315, 41A        AJC
Bose Road, Kolkata-700069.
2. D.C.I.T., Circle-12(1), Kolkata
3. CIT(A)-           Kolkata.
4. CIT -          , Kolkata.

5. CIT(DR), Kolkata Benches, Kolkata.

True copy By Order Asstt.Registrar, ITAT, Kolkata Benches 3