M/S RED ROSE TEXTILES INDUSTRIES PVT LTD., MUMBAI V. ITO WARD 4 (3)(2), MUMBAI

ITA 242/MUM/2020

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 7057 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 10 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-12-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2010-2011
• Appeal Filed On: 08-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA No. 242/Mum/2020 Assessment Year: 2010-11 Page 1 of 3 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI “D” BENCH, MUMBAI [Coram: Pramod Kumar (Vice President) and Kuldip Singh (Judicial Member)] ITA No. 242/Mum/2020 Assessment Year: 2010-11 Red Rose Textiles Pvt. Ltd. ............................Appellant 95, Atmaram Merchant Road, Labh Niwas, 3 rd Floor, Kalbadevi Road, Mumbai – 400 002 [PAN: AABCR 2088 P] Vs Income Tax Officer Ward-4(3)(2), Mumbai ............................Respondent Appearances by Letter dated 22.11.2021 for the appellant Satya Pinisetty for the respondent Date of concluding the hearing : December 03, 2021 Date of pronouncement : December 03, 2021 ORAL ORDER (Dictated in the open court) Per Pramod Kumar, VP: 1. The assessee has moved petition seeking withdrawal of the appeal and the assessee has also filed Form Nos. 1, 2 and 3, 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is no dispute that once the matter is resolved under Vivad Se Vishwas Scheme 2020, the related appeal is required to be withdrawn. ITA No. 242/Mum/2020 Assessment Year: 2010-11 Page 2 of 3 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of the above position, as also bearing in mind entirety of the case, we deem it fit and proper to dismiss the appeal as withdrawn. 5. In the result, the appeal is dismissed as withdrawn. Dictated and pronounced in the open court on 3 rd day of December, 2021. Sd/- Sd/- Kuldip Singh Pramod Kumar (Judicial Member) (Vice President) Mumbai, dated the 3 r d day of December, 2021 Roshani, Sr. PS Copies to: (1) The Applicant (2) The respondent (3) CIT (4) CIT(A) (5) DR (6) Guard File By order True Copy Assistant Registrar/Sr. PS Income Tax Appellate Tribunal Mumbai benches, Mumbai