DCIT, CIRCLE 1(3)(1), MUMBAI V. SVC CO-OPERATIVE BANK LIMITED, MUMBAI

ITA 8816/MUM/2025

AI Insights

This case involves an appeal by the Revenue against an order passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, concerning the Assessment Year 2017. The appeal was filed under ITA No. 8816/Mum/2025. However, the Revenue later realized that this appeal was filed inadvertently due to a clerical error during the e-filing of additional grounds in a related appeal (ITA No. 1010/Mum/2024). Consequently, the Revenue submitted a request to withdraw the appeal, which was acknowledged and granted by the Tribunal.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 840277 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-02-2026
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2017-2018
• Appeal Filed On: 18-12-2025
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ANNAVARAMKOSURI; LD

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT & SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ITA No. 8816/Mum/2025 (Assessment Year: 2017-18) DCIT Circle-1(3)(1) Room No. 540, 5th floor, Aayakar Bhavan, M. K. Road, Mumbai- 400 020 Vs. SVC Co-Operative Bank Limited, SVC Tower, Nehru Road, Santacruz East, Mumbai-400 055 PAN/GIR No. AAAAT0177C (Applicant) (Respondent) Revenue by Shri Annavaram Kosuri, Ld. DR Assessee by None Date of Hearing 20.02.2026 Date of Pronouncement 23.02.2026 आदेश / ORDER PER MAKARAND VASANT MAHADEOKAR, AM: This appeal has been filed by the Revenue against the order passed by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, dated 23.12.2023 for Assessment Year 2017–18. 2. At the outset, it is noticed that the Revenue has filed a letter dated 04.02.2026 before the Registry seeking withdrawal of the Printed from counselvise.com 2 ITA No. 8816/Mum/2025 SVC Co-Operative Bank Limited present appeal. The said letter has been issued from the office of the Dy. Commissioner of Income Tax–1(3)(1), Mumbai. In the said communication, it has been stated that the Revenue had already filed appeal before the Tribunal vide ITA No. 1010/Mum/2024 against the order of the learned CIT(A) dated 23.12.2023. It has further been clarified that while e-filing additional grounds in the above appeal, a fresh appeal came to be inadvertently filed vide ITA No. 8816/Mum/2025 enclosing copy of the additional ground. It is, therefore, stated that since the additional ground pertains to the earlier appeal in ITA No. 1010/Mum/2024, the present appeal being ITA No. 8816/Mum/2025 is liable to be withdrawn. 3. The Revenue has accordingly requested that the fresh appeal filed vide ITA No. 8816/Mum/2025 on 18.12.2025 be treated as withdrawn. 4. The learned Departmental Representative (DR) appearing before us reiterated the contents of the letter and submitted that the present appeal was filed inadvertently and the Revenue does not wish to press the same. 5. Having considered the written request placed on record and the submission of the learned DR, we find that the Revenue has unequivocally sought permission to withdraw the present appeal. In view of the above factual position and considering that the Revenue does not wish to pursue the present appeal, we permit the withdrawal of the appeal. Printed from counselvise.com 3 ITA No. 8816/Mum/2025 SVC Co-Operative Bank Limited 6. Accordingly, the appeal filed by the Revenue in ITA No. 8816/Mum/2025 for A.Y. 2017–18 is dismissed as withdrawn. Order pronounced in the open court on 23.02.2026. Sd/- Sd/- (SAKTIJIT DEY) (MAKARAND VASANT MAHADEOKAR) VICE PRESIDENT ACCOUNTANT MEMBER Mumbai, Dated 23/02/2026 Dhananjay, Sr.PS आदेश की प्रतितिति अग्रेतिि/Copy of the Order forwarded to : 1. अपीलाथी / The Appellant 2. प्रत्यथी / The Respondent. 3. संबंधधत आयकर आयुक्त / The CIT(A) 4. आयकर आयुक्त(अपील) / Concerned CIT 5. धिभागीय प्रधतधनधध, आयकर अपीलीय अधधकरण, मुम्बई / DR, ITAT, Mumbai 6. गार्ड फाईल / Guard file. आदेशानुसार/ BY ORDER, सत्याधपत प्रधत //True Copy// 1. उि/सहायक िंजीकार ( Asst. Registrar) आयकर अिीिीय अतिकरण, मुम्बई / ITAT, Mumbai Printed from counselvise.com "