BHADRA TEXTILES & TRADING PVT. LTD., MUMBAI V. ITO- 1(1)(1), MUMBAI

ITA 105/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4325 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 1 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 08-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

1 - IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI , , BEFORE HONBLE SHRI AMARJIT SINGH, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.105/MUM/2019 ( / ASSESSMENT YEAR: 2015-16) BHADRA TEXTILES & TRADING PVT.LTD. 4 TH FLOOR, N.K.MEHTA INTERNATIONAL HOUSE, 178, BACKBAY RECLAMATION MUMBAI-400 020 / VS. ITO - 1 (1)(1) ROOM NO.534 & 579, 5 TH FLOOR AAYKAR BHAWAN, M.K.ROAD MUMBAI-400 020 '# ./ ./PAN/GIR NO. AAFCB-8538-E ( ! #% /APPELLANT ) : ( &'#% / RESPONDENT ) ASSESSEE BY : ASSESSEES APPLICATION DATED 12/01/2021 REVENUE BY : MS. SMITA VERMA-LD. DR / DATE OF HEARING : 12/02/2021 / DATE OF PRONOUNCEMENT : 12/02/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2015-16 CONTEST THE ORDER OF LEARNED FIRST APPELLATE AUTHOR ITY ON CERTAIN GROUNDS OF APPEAL. 2. THE REGISTRY PLACED ON RECORD ASSESSEES LETTER DATED 12/01/2021 WHEREIN IT HAS BEEN SUBMITTED THAT THE A SSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE UNDER DIREC T TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 FOR THE YEAR UNDER 2 CONSIDERATION AND FORM NO.3 HAS BEEN ISSUED BY APPR OPRIATE AUTHORITY. ACCORDINGLY, A PLEA HAS BEEN RAISED SEEK ING WITHDRAWAL OF THE APPEAL. THE LD. DR DID NOT OBJECT TO THE SAM E. 3. IN VIEW OF FOREGOING, THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTOR ATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDE R THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 12 TH FEBRUARY, 2021. SD/- SD/- (AMARJIT SINGH) (MA NOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED :12/02/2021 SR.PS, KASARLA THIRUMALESH / COPY OF THE ORDER FORWARDED TO : 1. ! #% / THE APPELLANT 2. &'#% / THE RESPONDENT 3. - ( ! ) / THE CIT(A) 4. - / CIT CONCERNED 5. ./ & 0 , ! 0 , / DR, ITAT, MUMBAI 6. /123 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.