AIRPORT RETAIL P. LTD., MUMBAI V. THE DY CIT, CIRCLE-12(1)(1), MUMBAI

ITA 1662/MUM/2020

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5843 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 2 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2009-2010
• Appeal Filed On: 07-07-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNIL DESHPANDE; SUSHIL KUMAR MISHRA LD
• Assessee Lawyers: PRANALI LD AR S; VIVEK JHUNJHUNWALA

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL K BENCH, MUMBAI , , BEFORE HONBLE SHRI MAHAVIR SINGH, VP AND HONBLE SHRI MANOJ KUM AR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO. 1662 /MUM/ 2020 ( / ASSESSMENT YEAR: 2009 - 10 ) M/S AIRPORT RETAIL PVT. LTD. (FORMERLY KNOW AS M/S ALPHA FUTURE AIRPORT RETAIL PVT. LTD.) 11, VENUS APARTMENT O PP - JOGGERS PARK, CHIKU W ADI, BORIVALI (WEST) , MUMBAI - 400 092 / VS. DCIT CIR 12(1) (1) ROOM NO. 223 , 2 ND FLOOR, AAYKAR BHAVAN, M. K. ROAD MUMBAI - 400 020 ./ ./ PAN/GIR NO. A A FCA - 9796 - H ( / APPELLANT ) : ( / RESPONDEN T ) ASSESSEE BY : SHRI VIVEK JHUNJHUNWALA & MS. PRANALI , LD. AR S REVENUE BY : SHRI SUNIL DESHPANDE & SHRI SUSHIL KUMAR MISHRA , LD. DR S / DATE OF HEARING : 16/09 /2021 / DATE OF PRONOUNCEMENT : 16/09/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE LD. AR, AT THE OUTSET, SUBMITTED THAT THE ASSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME) , 2020 AND THEREFORE, THE ASSESSEE SEEKS W ITHDRAWAL OF THE APPEAL. IT HAS BEEN SUBMITTED THAT FORM NO.5 2 HAS ALREADY BEEN ISSUED BY APPROPRIATE AUTHORITY. THE LD. DR DID NOT OBJECT TO THE SAME. 2. IN VIEW OF FOREGOING, THE ASSESSEES APPEAL STAND DISMISSED AS WITHDRAWN . ORDER PRONOUNCED ON 16 TH S EPTEMBER , 2021. SD/ - SD/ - (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED : 16 /09 /2021 SR.PS, DHAN ANJAY / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.