M/s Molex (India) Private Limited , Bangalore vs The Deputy Commissioner of Income Tax Circle-4(1)(2), Bangalore

Last updated: 23 December 2020

Court :
ITAT Bangalore

Brief :
The assessee has filed this appeal challenging the assessment order dated 24-08-2018 passed by the AO for the assessment year 2014-15 u/s 143(3) r.w.s. 144C of the Income-tax Act,1961 ['the Act' for short] in pursuance of directions given by Ld Dispute Resolution Panel (DRP).

Citation :
IT(TP)A No.2932/Bang/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
“C’’ BENCH: BANGALORE

BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER
AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER
IT(TP)A No.2932/Bang/2018
Assessment Year: 2014-15

M/s. Molex (India) Pvt. Ltd.
Plot No.6(A), Sadaramangala
Industrial Area
Kadugodi
Bangalore-560 067
PAN NO : AACCM6091N
APPELLANT

Vs.

Deputy Commissioner of
Income-tax
Circle-4(1)(2)
Bangalore
RESPONDENT

Appellant by : Shri Chavali Narayan, A.R.
Respondent by : Shri Pradeep Kumar, D.R.

Date of Hearing : 17.12.2020
Date of Pronouncement : 17.12.2020

O R D E R

PER B.R. BASKARAN, ACCOUNTANT MEMBER:

The assessee has filed this appeal challenging the assessment order dated 24-08-2018 passed by the AO for the assessment year 2014-15 u/s 143(3) r.w.s. 144C of the Income-tax Act,1961 ['the Act' for short] in pursuance of directions given by Ld Dispute Resolution Panel (DRP).

2. The Ld Counsel appearing for the assessee submitted that the assessee has opted to settle the dispute under Direct Tax Vivad Se Vishwas Act for settlement of the dispute. He submitted that theassessee has not yet filed the relevant forms before the designated authority. Accordingly, the Ld A.R sought adjournment of the case.

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