BHARTI AXA LIFE INSURANCE COMPANY, MUMBAI V. ASST CIT 9(1), MUMBAI

ITA 1162/MUM/2016

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4570 (ITAT-MUMBAI)
• Duration Of Justice: 5 year(s) 2 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2009-2010
• Appeal Filed On: 04-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SREENIVASARAGHAVAN IYENGAR

Judgement Text

ITA NO. 4230/MUM/2014 ITA NO. 1162/MUM/2016 ITA NO. 3032/MUM/2016 ASSESSMENT YEARS: 2008 - 09, 2009 - 10 & 2011 - 12 PAGE 1 OF 2 INCOME TAX APPELLATE TRIBUNAL MUMBAI K BENCH, MUMBAI [CORAM: PRAMOD KUMAR (VICE PRESIDENT)] AND SAKTIJIT DEY (JUDICIAL MEMBER)] ITA NO. 4230/MUM/2014 ITA NO. 1162/MUM/2016 ITA NO. 3032/MUM/2016 ASSESSMENT YEARS: 2008 - 09, 2009 - 10 & 2011 - 12 BHARTI AXA LIF COMPANY LTD., .. APPELLANT UNIT - 601 & 602, RAHEJA TITANIUM, OFF. WESTERN EXPRESS HIGHWAY, GOREGAON (E), MUMBAI 400063[PAN: AACCB7227P] VS. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 9 (1), MUMBAI. .RESPONDENT APPEARANCES: MS. DEEPASHREE RAO FOR THE APPELLANT SREENIVASARAGHAVAN IYENGAR FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : MAY 21, 2021 DATE OF PRONOUNCEMENT : MAY 21, 2021 O R D E R PER PRAMOD KUMAR, VP: 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THE SE APPEAL S AND THE ASSESSEE HAS ALSO FILED FORM 1 & 3, ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT O PPOSE THE PRAYER SO MADE BY THE ASSESSEE. ITA NO. 4230/MUM/2014 ITA NO. 1162/MUM/2016 ITA NO. 3032/MUM/2016 ASSESSMENT YEARS: 2008 - 09, 2009 - 10 & 2011 - 12 PAGE 2 OF 2 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL S ARE REQUIRED TO BE WITHDRAWN. 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRETY O F THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE SE APPEAL S AS WITHDRAWN. 5. IN THE RESULT, THESE APPEALS ARE DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 21 ST DAY OF MAY 2021. S D / - S D / - SAKTIJIT DEY PRAMOD KUMAR (JUDICIAL MEMBER) (VICE PRESIDENT) MUMBAI, DATED THE 21 ST DAY OF MAY 2021. 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