WANBURY LIMITED, MUMBAI V. ITO WARD 15(3)(2), MUMBAI

ITA 1425/MUM/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7826 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2010-2011
• Appeal Filed On: 05-03-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SREENIVASANAGHVAN
• Section: 10

Judgement Text

ITA NO. 1425/MUM/2020 ASSESSMENT YEAR: 2010 - 11 PAGE 1 OF 2 INCOME TAX APPELLATE TRIBUNAL MUMBAI G BENCH, MUMBAI [CORAM: JUSTICE P. P. BHATT (PRESIDENT) AND PRAMOD KUMAR (VICE PRESIDENT)] ITA NO. 1425/MUM/2020 ASSESSMENT YEAR: 2010 - 11 WANBURY LIMITED .. APPELLANT 10 TH FLOOR, SECTOR 30 - A, BSEL TECH PARK, B WING, OPP. VASHI RAILWAY STATION, VASHI, MUMBAI 400705 [PAN: AABCP5939P] VS. INCOME TAX OFFICER, WARD 15(3)(2), MUMBAI. .RESPONDENT APPEARANCES: WITHDRAWAL LETTER DT. 22.03.2021 FOR THE APPELLANT SREENIVASANAGHVAN FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : MARCH 26 TH , 2020 DATE OF PRONOUNCEMENT : MARCH 26 TH , 2020 O R D E R PER BENCH : 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE PRAYER SO MADE BY THE ASSESSEE. 3. THERE IS NO DISPUTE THAT ONC E THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. ITA NO. 1425/MUM/2020 ASSESSMENT YEAR: 2010 - 11 PAGE 2 OF 2 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRETY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE APPEAL AS WITHDRAWN. 5 . IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 26 TH DAY OF MARCH 2021. S D / - S D / - JUSTICE P. P. BHATT PRAMOD KUMAR (PRESIDENT) (VICE PRESIDENT) MUMBAI, DATED THE 26 TH DAY OF MARCH, 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