HARMONY ADVISORY SERVICES LLP,MUMBAI V. ACIT-32(1), MUMBAI, MUMBAI

CO 364/MUM/2025

AI Insights

The case involves Harmony Advisory Services LLP, the appellant, and the Assistant Commissioner of Income Tax, the respondent, concerning the assessment year 2014-15. The dispute reached the Income Tax Appellate Tribunal Mumbai Bench, where a cross objection was filed by the assessee against an order from the Commissioner of Income-tax (Appeals) - National Faceless Appeal Centre, Delhi. The primary legal action was the withdrawal of the cross objection by the assessee, which was formally accepted and led to the dismissal of the objection.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 846260 (ITAT-MUMBAI)
• Duration Of Justice: 3 month(s) 14 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 23-03-2026
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Mumbai
• Assessment Year: 2014-2015
• Appeal Filed On: 09-12-2025
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RITESH MISRA
• Assessee Lawyers: K. SHIVRAM AW

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “E” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) AND SHRI SANDEEP SINGH KARHAIL (JUDICIAL MEMBER) CO No. 364/MUM/2025 Assessment Year: 2014-15 (Arising out of ITA No. 6722/Mum/2025) Harmony Advisory Services LLP, 201, 2nd floor, Krishna Kunj, Plot No. 30, Navyug CHS Ltd., V.L. Mehta Road, JVPD Scheme, Vile Parle (West) Mumbai-400056. Vs. Asst. CIT 32(1), Room No. 252, Kautilya Bhavan, BKC, Bandra East, Mumbai-400051. PAN NO. AAFFH 6721 E Appellant Respondent Assessee by : Dr. K. Shivram a/w Ms. Neelam Jadhav Revenue by : Mr. Ritesh Misra, CIT-DR Date of Hearing : 23/03/2026 Date of pronouncement : 23/03/2026 ORDER PER OM PRAKASH KANT, AM The cross-objection filed by the assessee is directed against order dated 14/08/2025 passed by the Ld. Commissioner of Income-tax (Appeals) – National Faceless Appeal Centre, Delhi [in short ‘the Ld. CIT(A)’] for assessment year 2014-15. Printed from counselvise.com 2. At the outset, the Ld. counsel for the assessee filed a letter duly signed by the partner of the assessee firm seeking withdrawal of the cross objection dismissed as withdrawn. 3. In the result, the Order pronounced in the open Court. Sd/- (SANDEEP SINGH KARHAIL JUDICIAL MEMBER Mumbai; Dated: 26/03/2026 Rahul Sharma, Sr. P.S. Copy of the Order forwarded to 1. The Appellant 2. The Respondent. 3. CIT 4. DR, ITAT, Mumbai 5. Guard file. //True Copy// Harmony Advisory Services LLP the Ld. counsel for the assessee filed a letter duly signed by the partner of the assessee firm seeking withdrawal cross objection. Accordingly, the cross objection of assessee dismissed as withdrawn. In the result, the cross objection of assessee is dismissed. Order pronounced in the open Court. Sd/ (SANDEEP SINGH KARHAIL) (OM PRAKASH KANT JUDICIAL MEMBER ACCOUNTANT MEMBER Copy of the Order forwarded to : BY ORDER, (Assistant Registrar) ITAT, Mumbai Harmony Advisory Services LLP 2 CO No. 364/MUM/2025 the Ld. counsel for the assessee filed a letter duly signed by the partner of the assessee firm seeking withdrawal cross objection of assessee ee is dismissed. Sd/- OM PRAKASH KANT) ACCOUNTANT MEMBER BY ORDER, (Assistant Registrar) ITAT, Mumbai Printed from counselvise.com "