SLEEK INTERNATIONAL PVT LTD., MUMBAI V. DY CIT CIR. 15(3)(2), MUMBAI

ITA 1080/MUM/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5558 (ITAT-MUMBAI)
• Duration Of Justice: 11 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 11-02-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

INCOME TAX APPELLATE TRIBUNAL MUMBAI G BENCH, MUMBAI [CORAM: PRAMOD KUMAR, VICE PRESIDENT AND VIKAS AWASTHY, JUDICIAL MEMBER] ITA NO. 3131/MUM/2019 AND ITA NOS. 1080 &1081/MUM/2020 ASSESSMENT YEARS: 2014-15, 2015-16 & 2016-17 SLEEK INTERNATIONAL PRIVATE LIMITED .. APPELLANT 301-302, D & G WING, 3 RD FLOOR, LOTUS CORPORATE PARK, GRAHAM FIRTH COMPOUND, W.E. HIGHWAY, GOREGAON (E), MUMBAI-400 063 [PAN: AAECS 1836 K] VS. DY. CIT, CIRCLE-15(3)(2) .RESPONDENT MUMBAI APPEARANCES: RAHUL K. HAKANI FOR THE APPELLANT GURBINDER SINGH FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : FEBRUARY 02, 2021 DATE OF PRONOUNCEMENT : FEBRUARY 02, 2021 O R D E R PER PRAMOD KUMAR, VP : 1. THE ASSESSEE HAS MOVED PETITION DATED 28.01.2021 , SEEKING WITHDRAWAL OF THE APPEALS ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVA D SE VISHWAS SCHEME 2020. THIS PETITION WAS LISTED BEFORE US TODAY FOR GRANT OF EARLY HEARI NG. 2. HOWEVER, WHEN THE EARLY PETITION WAS TAKEN UP FO R HEARING, THE LEARNED REPRESENTATIVES VERY FAIRLY SUBMITTED THAT THE APPE ALS CAN BE DISPOSED OF NOW ITSELF. WE ACCEPT THE SUGGESTION AND PROCEED TO DISPOSE OF THE APPEALS. 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESO LVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEALS ARE REQUIRED TO BE WITHDR AWN. THE LEARNED REPRESENTATIVES HAVE FAIRLY ACCEPTED THIS POSITION. 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING I N MIND ENTIRETY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE APPEALS AS WITHDRAWN. ITA NO. 3131, 1080 & 1081/MUM/2020 ASSESSMENT YEARS: 2014-15 TO 2016-17 PAGE 2 OF 3 5. IN THE RESULT, THE APPEALS ARE DISMISSED AS WITH DRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 5 TH DAY OF FEBRUARY, 2021. SD/- SD/- VIKAS AWASTHY PRAMOD KUMAR (JUDICIAL MEMBER) (VICE PR ESIDENT) MUMBAI, DATED THE 5 TH DAY OF FEBRUARY, 2021. ROSHANI, SR. PS COPIES TO: (1) THE APPLICANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI