LALKAR SECURITIES P.LTD, MUMBAI V. DCIT RG 4(3), MUMBAI

ITA 1084/MUM/2017

• Counselvise Citation: [2020] 108 COUNSELVISE.COM (IT) 8996 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 10 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2009-2010
• Appeal Filed On: 16-02-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: BRAJENDRA KUMAR
• Assessee Lawyers: AAKASH KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A, BENCH MUMBAI BEFORE SHRI RAJESH KUMAR, ACCOUNTANT MEMBER & SHRI AMARJIT SINGH, JUDICIAL MEMBER ITA NO.1084/MUM/2017 ( ASSESSMENT YEAR: 2009-10 ) LALKAR SECURITIES PVT.LTD. 5 TH FLOOR, CRESCENT CHAMBERS, TAMARIND LANE, FORT, MUMBAI-400 023 VS. DCIT,RANGE-4(3) ROOM NO.645, AAYKAR BHAWAN MUMBAI-400 020 PAN/GIR NO. A AACL1966B ( APPELLANT ) .. ( RESPONDENT ) ASSESSEE BY SHRI AAKASH KUMAR, AR REVENUE BY SHRI BRAJENDRA KUMAR, DR DATE OF HEARING 2 2/12 /2020 DATE OF PRONOUNCEME NT 23 /12 /2020 / O R D E R PER RAJESH KUMAR (A.M) : THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST, THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS)8, MUMBAI, DATED 19/10/2012 AND PERTAINS TO ASSESSMENT YEAR 2009-10. 2. AT THE OUTSET, THE LD. COUNSEL OF THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS GONE INTO FOR VIVAD SE VISHVAS SCHEME 2020, THEREFORE, THE CASE MAY KINDLY BE ADJOURNED. 3. SINCE THE ASSESSEE HAS GONE INTO FOR VIVAD SE VISWAS SCHEME 2020, THE ADJOURNMENT APPLICATION BY THE ASSESSEE IS REJECTED. BESIDES, WE ARE INCLINED TO DISMISS THE APPEAL OF THE ASSESSEE IN VIEW OF THE DECISION OF THE HONBLE MADRAS HIGH COURT NANNUSAMY MOHAN (HUF) VS. ACIT TCA NO.372 OF 2020 WITH THE ITA NO.1084/MUM/2017 LALKAR SECURITIES PVT.LTD. 2 LIBERTY TO ASSESSEE TO GET THIS APPEAL RECALLED IN CASE ASSESSEE DOES NOT SUCCEED IN VSVS 2020. ACCORDINGLY, THE APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS: 23/12/2020 SD/- (AMARJIT SINGH) SD/- (RAJESH KUMAR) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED: 23/12/2020 THIRUMALESH SR.PS COPY OF THE ORDER FORWARDED TO : BY ORDER, (ASSTT. REGISTRAR) ITAT, MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//