DCIT-1(1)(1), MUMBAI V. M/S CIGNA TTK HELATH INSURANCE CO LTD., MUMBAI

ITA 1930/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3725 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 10 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-02-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 02-04-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL , C BENCH MUMBAI BEFORE : SHRI M.BALAGANESH, AM & SHRI RAVISH SOOD , JM ITA NO. 1930 /MUM/ 20 19 ( ASSESSMENT YEAR : 2014 - 15 ) DCIT - 1(1)(1), MUMBAI ROOM NO.533/579, 5 TH FLOOR, AAYAKAR BHAWAN, M.K.ROAD MUMBAI - 400020 VS. M/S. CIGNA TTK HEALTH INSURANCE CO LTD 401/402, RAHEJA TITANIUM 4 TH FLOOR, WESTERN EXPRESS HIGHWAY GOREGAON, MUMBAI - 400063 PAN/GIR NO. AAECC7904J (APPELLANT ) .. (RESPONDENT ) REVENUE BY NONE ASSESSEE BY MS.SHREEKALA PARDESHI DATE OF HEARING 25 / 02 /202 1 DATE OF PRONOUNCEMENT 25/02 /202 1 / O R D E R PER M. BALAGANESH (A.M) : THIS APPEAL IN ITA NO. 1930/MUM/2019 FOR A.Y. 2014 - 15 ARISES OUT OF THE ORDER BY THE LD. COMMISSIONER OF INCOME TAX (APPEALS) - 2, MUMBAI IN APPEAL NO. CIT(A) - 2/IT/10434/2016 - 17 DATED 31/01/2019 (LD. CIT(A) IN SHORT) AGAINST THE ORDER OF ASSESSMENT PASSED U/S.143(3) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT) DATED 20/01/2016 BY THE LD. ITA NO . 1930/MUM/2019 M/S. CIGNA TTK HEALTH INSURANCE CO. LTD., 2 ASST. COMMISSIONER OF INCOME TAX - 1(1)(1), M UMBAI (HEREINAFTER REFERRED TO AS LD. AO). 2. WE FIND THAT THE LD. AR FILED A LETTER DATED 17/01/2021 MENTIONING THAT ASSESSEE HAD PREFERRED AN APPLICATION FILED IN FORM NO.1 & 2 UNDER DIRECT TAX VIVAD SE VISWAS SCHEME 2020 TO SETTLE THIS TAX DISPUTE FO R THE YEAR UNDER CONSIDERATION AND HAD OBTAINED FORM NO.3 FROM THE DESIGNATED AUTHORITY THEREON, COPY OF WHICH WAS ENCLOSED ALONGWITH THIS LETTER. 3. IN VIEW OF T HIS, WE HEREBY TREAT THE APPEAL PENDING BEFORE US AS DISMISSED AND WITHDRAWN WITH A LIBERTY GIVEN TO THE REVENUE TO GET THE APPEAL RESTORED IN THE EVENT THAT ASSESSEES DECLARATION MADE UNDER VIVAD SE VISWAS SCHEME 2020 IS DECLARED BAD IN LAW IN FUTURE FOR ANY REASON WHATSOEVER. 4. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED. ORDER PR ONOUNCED IN OPEN COURT ON 25 / 02 /202 1 SD/ - ( RAVISH SOOD ) SD/ - (M.BALAGANESH) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED 25 / 02 / 2021 KARUNA , SR.PS ITA NO . 1930/MUM/2019 M/S. CIGNA TTK HEALTH INSURANCE CO. LTD., 3 COPY OF THE ORDER FORWARDED TO : BY ORDER, ( ASSTT. REGISTRAR) ITAT, MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//