CAROL INFO SERVICES LTD., MUMBAI V. ASST CIT 15(1)(2), MUMBAI

ITA 1121/MUM/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 7736 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2016-2017
• Appeal Filed On: 12-02-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 147; 6; 143(3); 5(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH, MUMBAI SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER ITA No. 1121/MUM/2020 (ASSESSMENT YEAR: 2016-17) Carol Info Services Limited, 6 th Floor, Wockhardt Tower, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 [PAN: AAACW1299E] The Assistant Commissioner of Income Tax – 15(1)(2), Mumbai, 483A, 4 th Floor, Aayakar Bhavan, M.K. Road, Mumbai - 400020 .................. Vs .................. Appellant Respondent Appearances For the Appellant/ Assessee For the Respondent/Department : : Shri Hiren Munra Shri B.K. Bagchi Date of conclusion of hearing Date of pronouncement of order : : 28.04.2022 13.07.2022 O R D E R Per Rahul Chaudhary, Judicial Member: 1. By way of the present appeal the Appellant/Assessee has challenged the order, dated 09.12.2019, passed by the Ld. Commissioner of Income Tax (Appeals)-24, Mumbai [hereinafter referred to as ‘the CIT(A)’] in appeal [CIT(A)- 24/ACIT-15(1)(2)/IT-333/2018-19], for the Assessment Year 2016-17, whereby the Ld. CIT(A) had dismissed the appeal filed by the Appellant against the assessment order, dated 07.12.2018, passed under section 143(3) read with Section 147 ITA No. 1121/Mum/2020 Assessment Year: 2016-17 2 of the Income Tax Act, 1961 [hereinafter referred to as ‘the Act’]. 2. The Ld. Authorised Representative for the Appellant has made a request for withdrawal of the appeal having opted to settle the matter under the provisions of Direct Tax Vivad Se Vishwas Act, 2020 (hereinafter referred to as ‘the DTVSV Act’). In this regard, the Ld. Authorised Representative for the Appellant placed on record (a) declaration and undertaking in Form 1, (b) certificate in Form 3 issued under Section 5(1) of the DTVSV Act [Acknowledgement No. 266587650170221], (c) order of full and final settlement of tax arrears under Section 5(2) read with Section 6 of the DTVSV Act in Form 5 [Acknowledgement No. 904079621261121]. In view of the aforesaid, the Ld. Authorised Representative for the Appellant requested for the withdrawal of the present appeal. The learned Departmental Representative did not have any objections to the aforesaid request. 3. In view of the above, the present appeal is dismissed as withdrawn. Order pronounced on 13.07.2022. Sd/- Sd/- ( Om Prakash Kant) Accountant Member (Rahul Chaudhary) Judicial Member म ुंबई Mumbai; दिन ुंक Dated : 13.07.2022 Alindra, PS ITA No. 1121/Mum/2020 Assessment Year: 2016-17 3 आदेश की प्रतितिति अग्रेतिि/Copy of the Order forwarded to : 1. अपील र्थी / The Appellant 2. प्रत्यर्थी / The Respondent. 3. आयकर आय क्त(अपील) / The CIT(A)- 4. आयकर आय क्त / CIT 5. दिभ गीय प्रदिदनदि, आयकर अपीलीय अदिकरण, म ुंबई / DR, ITAT, Mumbai 6. ग र्ड फ ईल / Guard file. आिेश न स र/ BY ORDER, सत्य दपि प्रदि //True Copy// उप/सह यक पुंजीक र /(Dy./Asstt. Registrar) आयकर अपीलीय अदिकरण, म ुंबई / ITAT, Mumbai