Dy. Director of Income Tax -4(2) Mumbai Vs. M/s. Quintiles Inc. C/o. Deloittee Haskins & Sells, CAs Tower 3, 28th Floor, India Bulls Finance Centre, Elphinstone Mill Compound, Mumbai 400013
July, 08th 2015
IN THE INCOME TAX APPELLATE TRIBUNAL
"D" Bench, Mumbai
Before Shri D. Manmohan, Vice President
and Shri Sanjay Arora, Accountant Member
ITA No. 660/Mum/2014
(Assessment Year: 2010-11)
Dy. Director of Income Tax M/s. Quintiles Inc.
(International Taxation)-4(2) C/o. Deloittee Haskins & Sells, CAs
Mumbai Vs. Tower 3, 28th Floor, India Bulls
Finance Centre, Elphinstone Mill
Compound, Mumbai 400013
PAN - AAACQ2008D
Appellant by: Shri A.K. Srivastava
Respondent by: Shri Ketan Ved
Date of Hearing: 07.07.2015
Date of Pronouncement: 07.07.2015
Per D. Manmohan, V.P.
This appeal is filed at the instance of the Revenue. Interest charged
under section 234B of the Act, having been deleted by the DRP, Revenue is
in appeal before us.
2. At the time of hearing learned counsel for the assessee submitted that
the quantum of interest is only `4,097/- on which the Department has
preferred appeal. In the light of the circular issued by the CBDT (No. 3 of
2011) the Department should not have preferred an appeal in this matter.
The learned D.R. fairly admitted the factual position. Under these
circumstances we dismiss the appeal.
Order pronounced in the open court on 7th July, 2015.
(Sanjay Arora) (D. Manmohan)
Accountant Member Vice President
Mumbai, Dated: 7th July, 2015
2 ITA No. 660/Mum/2014
M/s. Quintiles Inc.
1. The Appellant
2. The Respondent
3. DRP-II , Mumbai
4. The CIT, concerned
5. The DR, "D" Bench, ITAT, Mumbai
ITAT, Mumbai Benches, Mumbai