SHYAM MEHTA, MUMBAI V. ITO 21(3)(3), MUMBAI

ITA 107/MUM/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2993 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2007-2008
• Appeal Filed On: 03-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: HIRAL SAMPAT

Judgement Text

, , ! IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC , MUMBAI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER . 107 / / 2020 (%. 2007-08 ) ITA NO.107/MUM/2020(A.Y 2007-08) SHYAM N MEHTA, 7A-301 PATEL APARTMENT, CAMPA COLA COMPOUND, WORLI, MUMBAI 400 018. PAN-AAAFS7346B ...... ' / APPELLANT % VS. ITO -21(3)(3) PIRAMAL CHAMBERS, LALBAUG, MUMBAI 400 012. ..... ()/ RESPONDENT '*/ APPELLANT BY : MS. HIRAL SAMPAT ()*/ RESPONDENT BY : SHRI SANJAY J. SETHI %+) / DATE OF HEARING : 16/06/2021 ,-. +) / DATE OF PRONOUNCEMENT : 16/06/2021 / ORDER THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) -33, MUMBAI [IN SHORT THE CIT (A)] DATED 20/11/2019 FOR THE ASSESSMENT YEAR 2007-08. 2. A LETTER DATED 14/06/2021 HAS BEEN RECEIVED FR OM THE ASSESSEE STATING THAT THE ASSESSEE HAS OPTED FOR 'VIWAD SE VISHWAS SCHEME , 2020'( IN SHORT 'VSVS') AND HENCE, WANT TO WITHDRAW THE APPEAL. 2 ITA NO.107/MUM/2020(A.Y 2007-08) 3. SHRI SANJAY J. SETHI REPRESENTING THE DEPARTMEN T STATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANTS TO WITHDRAW APPEAL TO AVAIL THE BENEFIT OF VSVS'. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSESS EE'S DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEAR HAS BEEN ACCEPTED AND THE DESIGNATED AUTHORITY HAS ISSUED FORM-3. IN VIEW OF ABOVE, THE APPEAL BY ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON WEDNESDAY, THE 16 TH DAY OF JUNE, 2021 SD/- (VIKAS AWASTHY) / JUDICIAL MEMBER / MUMBAI, 0%/ DATED 16/06/2021 VM , SR. PS (O/S) COPY OF THE ORDER FORWARDED TO : 1. ' / THE APPELLANT , 2. () / THE RESPONDENT. 3. 1) ( )/ THE CIT(A)- 4. 1) CIT 5. 23()% , . . . , / DR, ITAT, MUMBAI 6. 34567 / GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI