FIRST RAND BANK LTD- INDIA BRANCH, MUMBAI V. DCIT (IT) 2(3)(1), MUMBAI

ITA 2300/MUM/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1700 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 10 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 31-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: JITENDRA SINGH SHRI ANKIT JAIN
• Section: 143(3); 2

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH K, MUMBAI , !'#,$%!' ! BEFORE SHRI PRAMOD KUMAR, VICE PRESIDENT & SHRI VIKAS AWASTHY, JUDICIAL MEMBER !. 2300/ / 2017 (%). . 2012-13 ) ITA NO.2300/MUM/2017(A.Y.2012-13) FIRST RAND BANK LIMITED-INDIA BRANCH, 5 TH FLOOR, TCG FINANCIAL CENTER, C-53G BLOCK BKC, BANDRA (E) MUMBAI 400 051 PAN: AABCF1632P ...... #+ / APPELLANT ) VS. DY.COMMISSIONER OF INCOME-TAX (INTERNATIONAL TAXATION)-2(3)(1), ROOM NO.1702, AIR INDIA BUILDING, NARIMAN POINT, MUMBAI 400 021 ..... %,/ RESPONDENT ASSESSEE BY : SHRI JITENDRA SINGH/ SHRI ANKIT JAIN REVENUE BY : SHRI ANAND MOHAN ! )-%, #/ DATE OF HEARING : 16/02/2021 / -%, #/ DATE OF PRONOUNCEMENT : 16/02/2021 / ORDER PER VIKAS AWASTHY,JM: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ASSESSMENT ORDER DATED 31/01/2017 PASSED UNDER SECTION 143(3) R.W.S. 144C( 13) OF THE INCOME TAX ACT, 1961,( IN SHORT THE ACT) FOR THE ASSESSMENT YEAR 2012-13. 2. A LETTER DATED 15/02/2021 HAS BEEN RECEIVED F ROM THE AUTHORIZED REPRESENTATIVE FOR THE ASSESSEE STATING THAT THE AS SESSEE HAS OPTED FOR VIWAD SE 2 !. 2300/ / 2017 (%). . 2012-13 ) ITA NO.2300/MUM/2017(A.Y.2012-13) VISHWAS SCHEME, 2020( IN SHORT VSVS) AND HENCE, WANT TO WITHDRAW THE APPEAL. 3. SHRI ANAND MOHAN, REPRESENTING THE DEPARTMENT ST ATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANT TO WITHDRAW A PPEAL TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSES SEES DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEAR HAS BEEN ACCEPTED AND THE DEPARTMENT HAS ISSUED FORM-5. IN VIEW OF ABOVE, THE APPEAL BY ASSESSE E IS DISMISSED AS WITHDRAWN. 5. THE APPEAL BY ASSESSEE IS DISMISSED AS WITHD RAWN. ORDER PRONOUNCED IN THE OPEN COURT ON TUESDAY, THE 16 TH DAY OF FEBRUARY, 2021. SD/- SD/- (PRAMOD KUMAR) (VIKAS AWAS THY) / VICE PRESIDENT $%!' / JUDICIAL MEMBER / MUMBAI, 1)/ DATED 16/02/2021 VM , SR. PS (O/S) %,2 3 /, COPY OF THE ORDER FORWARDED TO : 1. #+ / THE APPELLANT , 2. %, / THE RESPONDENT. 3. 4, ( )/ THE CIT(A)- 4. 4, CIT 5. 56%,%) , . . . , / DR, ITAT, MUMBAI 6. 6789: / GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI