CAMLIN FINE SCIENCES LTD., MUMBAI V. ACIT.,-9(2)(1), MUMBAI

ITA 126/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3676 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 1 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2012-2013
• Appeal Filed On: 10-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIJAYKUMAR SUBRAMANIYAM LD
• Assessee Lawyers: KISHORE RAJSHIRKE LD
• Section: 143(3)

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH, MUMBAI , , BEFORE HONBLE SHRI MAHAVIR SINGH, VP AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.126/MUM/2019 ( / ASSESSMENT YEAR : 2012-13) M/S. CAMLIN FINE SCIENCES LTD. PLOT NO.F/11 & F/1 WICEL COMPOUND OPP. SEEPZ CENTRAL ROAD ANDHERI (E), MUMBAI-400 093 / VS. A CIT - 9(2)(1) MUMBAI. *+ ./ ./PAN/GIR NO. AACCC-5235-E ( +- /APPELLANT ) : ( ./+- / RESPONDENT ) ASSESSEE BY : SHRI KISHORE RAJSHIRKE -LD.AR REVENUE BY : SHRI VIJAYKUMAR SUBRAMANIYAM- LD.DR / DATE OF HEARING : 04/03/2021 / DATE OF PRONOUNCEMENT : 04/03/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2012-13 CONTESTS THE ORDER OF LEARNED FIRST APPELLATE AUTHO RITY ON CERTAIN GROUNDS OF APPEAL. THE ASSESSMENT FOR THE YEAR UNDER CONSID ERATION WAS FRAMED BY LEARNED ASSESSING OFFICER U/S 143(3) R.W.S.144C( 3)(A) ON 09/05/2016. 2 2. THE LD. COUNSEL FOR ASSESSEE, SHRI KISHORE RAJSH IRKE, AT THE OUTSET, SUBMITTED THAT THE ASSESSEE HAS ALREADY OPT ED FOR SETTLEMENT OF DISPUTE UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 FOR THE YEAR UNDER CONSIDERATION AND THEREFORE, THE APPEAL MAY BE DISMISSED AS WITHDRAWN. THE LD. DR CONCURRED WITH T HE SAME. 3. IN VIEW OF FOREGOING, THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF T HE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 04 TH MARCH, 2021. SD/- SD/- (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED : 04/03/2021 SR.PS, JAISY VARGHESE !'! / COPY OF THE ORDER FORWARDED TO : 1. +- / THE APPELLANT 2. ./+- / THE RESPONDENT 3. 6 ( ) / THE CIT(A) 4. 6 / CIT CONCERNED 5. 78.19 , 9 , / DR, ITAT, MUMBAI 6. 8:;< / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.