M/S.YOGESH AGENCIES & INVESTMENT PRIVATE LIMITED(SUCCESSOR OF M/S.COHORE INVESTMENTS LIMITED), MUMBAI V. DEPUTY COMMISSIONER OF INCOME TAX (IT)-2(1)(1), MUMBAI

ITA 1197/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6215 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 10 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2014-2015
• Appeal Filed On: 01-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SS IYENGAR
• Assessee Lawyers: A F JAHANGIR

Judgement Text

1 I.T.A. NO.1197/MUM/2019 IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH, MUMBAI BEFORE SHRI PRAMOD KUMAR (VICE PRESIDENT) AND SHRI SAKTIJIT DEY( JUDICIAL MEMBER) I.T.A. NO.1197/MUM/2019 (ASSESSMENT YEAR : 2014-15) M/S YOGESH AGENCIES & INVESTMENTS PVT LTD (SUCCESSOR OF M/S COHOR INVESTMENTS LTD), 1713, 17 TH FLOOR, AIR INDIA BUILDING, NARIMAN POINT, MUMBAI PAN : AAFCC2521E VS DCIT(INTERNATIONAL TAX)-2(1)(1), MUMBAI (APPELLANT) (RESPONDENT) APPELLANT BY SHRI A.F. JAHANGIR RESPONDENT BY SHRI S.S.IYENGAR, SR.DR DATE OF HEARING 14-01-2021 DATE OF PRONOUNCEMENT 14/01/2021 O R D E R PER BENCH, THIS IS AN APPEAL BY THE ASSESSEE AGAINST ORDER DATED 28-12-2018OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-55, MUMBAI FOR THE ASSESSMENT YEAR 2014-15. 2. VIDE LETTER DATED 06-01-2021, KEPT ON RECORD, THE ASSESSEE HAS STATED THAT IT HAS OPTED FOR SETTLING THE DISPUTE ARISING IN THE PRESENT APPEAL BY FILING APPLICATION UNDER THE DIRECT TAX VIVAD SE VISWAS ACT, 2020. FURTHER, THE ASSESSEE HAS STATED THAT THE DESIGNATED AUTHORITY HAS ISSUED CERTIFICATE IN FORM 3 ACCEPTING ASSESSEES APPLICATION. THUS, THE ASSESSEE HAS REQUESTED 2 I.T.A. NO.1197/MUM/2019 FOR WITHDRAWAL OF THE APPEAL. THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION FOR WITHDRAWAL OF APPEAL BY THE ASSESSEE. 3. CONSIDERING ASSESSEES AFORESAID REQUEST FOR WITHDRAWAL OF THE APPEAL, WE DISMISS THE APPEAL AS WITHDRAWN. 4. IN THE RESULT, APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 14/01/2021. SD/- SD/- ( PRAMOD KUMAR) (SAKTIJIT DEY) VICE PRESIDENT JUDICIAL MEMBER MUMBAI, DATED : 14/ 01/2021. PAVANAN, SR.P.S (ON CONTRACT) COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT. 2. THE RESPONENT. 3. THE CIT(A) 4. 4. THE CIT 5. D.R., ITAT, MUMBAI. 6. GUARD FILE. //TRUE COPY// BY ORDER I.T.A.T., MUMBAI.