GOLDMAN SACHS (INDIA) SECURITIES P.LTD, MUMBAI V. DCIT RG 7(1)(1), MUMBAI

ITA 1115/MUM/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 92258 (ITAT-MUMBAI)
• Duration Of Justice: 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-04-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Next Hearing Date: 31-05-2017
• Assessment Year: 2010-2011
• Appeal Filed On: 24-02-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ASGHAR JAIN VP

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH K , MUMBAI , , BEFORE SHRI RAJENDRA , ACCOUNTANT MEMBER AND SHRI SANJAY GARG , JUDIC IAL MEMBER SA NO.66/M/2015 ( ./ ITA NO. 1115 /M/ 2015) ( / ASSESSMENT YEAR: 2010 - 11 ) M/S. GOLDMAN SACHS (INDIA) SECURITIES PRIVATE LIMITED, 951 A, RATIONAL HOUSE, APPASAHEB MARATHE MARG, PRABHADEVI, MUMBAI 400 025 PAN: AAFCA 6819 F / VS. DEPUTY COMMISSIONER OF INCOME TAX, RANGE 7(1)(1), ROOM NO. 522, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI 400 0 20 ( / APPELLANT) ( / RESPONDENT) PRESENT FOR: ASSESSEE BY : SHRI MADHUR AGARWAL, A.R. RE VENUE BY : SHRI ASGHAR JAIN V.P., D.R. / DATE OF HEARING : 10.04.2015 / DATE OF PRONOUNCEMENT : 10.04.2015 / O R D E R PER SANJAY GARG, JUDICIAL MEMBER: THE PRESENT APPLICATION HAS BEEN MOVED B Y THE ASSESSEE SEEKING STAY OF THE RECOVERY OF THE TAX DEMAND. THE ASSESSEE, THROUGH HIS COUNSEL VIDE LETTER OF EVEN DATE, HAS MOVED AN APPLICATION FOR WITHDRAWAL OF THE STAY PETITION WHEREIN IT HAS BEEN PLEADED THAT THE ASSESSEE HAS RECEIVED/GOT ADJUSTED THE REFUND OF RS.8,25,57,560/ - PERTAINING TO A.Y. 2013 - 14 AGAINST THE IMPUGNED DEMAND RAISED. THE ASS ESSING OFFICER ALSO HAS GRANTED STAY AGAINST THE RECOVERY OF THE BALANCE DEMAND TILL THE DISPOSAL OF THE APPEAL BY THIS TRIBUNAL. SA NO.66/M/2015 ( ./ ITA NO.1115/M/2015) M/S. GOLDMAN SACHS (INDIA) SECURITIES PRIVATE LIMITED 2 IT HAS BEEN, THUS, STA TED THAT THE PRESENT APPLICATION OF THE ASSESSEE HAS BECOME INFRUCTUOUS AND THE SAME MAY BE PERMITTED TO BE WITHDRAWN. THE LD. D.R. HAS NOT OBJECTED TO THE SAID WITHDRAWAL OF THE APPLICATION. 2. THE APPLICATION OF THE ASSESSEE IS THEREFORE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 10.04.2015 . 10.04.2015 SD/ - SD/ - ( / RAJENDRA ) ( / SANJAY GARG) / ACCOUNTANT MEMBER / JUDICIAL MEMBER / MUMBAI ; / DATED . 2014 * KISHORE / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE. / BY ORDER, //TRUE COPY// / ( DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI