DCIT CIR 3, THANE V. THE THANE DISTRICT CENTRAL CO. OP. BANK LTD, THANE

ITA 2512/MUM/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5335 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-09-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 23-04-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH E, MUMBAI BEFORE SHRI RAJESH KUMAR, ACCOUNTANT MEMBER AND SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER ITA NO.2512/M/2019 ASSESSMENT YEAR: 2011-12 DCIT, CIRCLE-3, ROOM NO.2, 6 TH FLOOR, ASHAR IT PARK, WAGLE INDL. ESTATE, THANE-400 604 VS. M/S. THE THANE DISTRICT CENTRAL CO. OP. BANK LTD., 01, CHHATRAPATI SHIVAJI PATH, POST BOX NO.19, THANE (W-400 601) PAN: AAAT0739N (APPELLANT) (R ESPONDENT) PRESENT FOR: ASSESSEE BY : SHRI ASHOK PATIL, A.R. REVENUE BY : SHRI T. KIPGEN, D.R. DATE OF HEARING : 12.08.2021 DATE OF PRONOUNCEMENT : 23.09.2021 O R D E R PER RAJESH KUMAR, ACCOUNTANT MEMBER: THE PRESENT APPEAL HAS BEEN PREFERRED BY THE REVEN UE AGAINST THE ORDER DATED 14.02.2019 OF THE COMMISSIO NER OF INCOME TAX (APPEALS) [HEREINAFTER REFERRED TO AS TH E CIT(A)] RELEVANT TO ASSESSMENT YEAR 2011-12. 2. AT THE OUTSET, THE LD. D.R. OF THE REVENUE BROUG HT TO THE NOTICE OF THE BENCH THAT THE ASSESSEE HAS GONE INTO VIVAD SE VISHWAS SCHEME AND ALSO SUBMITTED THAT FORM NO.3 ALS O HAS ALREADY BEEN ISSUED. THE LD. D.R., THEREFORE, PRAY ED BEFORE THE BENCH THAT APPEAL MAY KINDLY BE ALLOWED TO BE WITHD RAWN. ITA NO.2512/M/2019 M/S. THE THANE DISTRICT CENTRAL CO. OP. BANK LTD. 2 3. THE LD. A.R. FAIRLY CONCEDED TO THE WITHDRAWAL O F THE APPEAL. 4. ACCORDINGLY, WE ARE INCLINED TO DISMISS THE APPE AL OF THE REVENUE. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 23.09.2021. SD/- SD/- ( PAVAN KUMAR GADALE) (RAJESH KUMAR) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI, DATED: 23.09.2021. * KISHORE, SR. P.S. COPY TO: THE APPELLANT THE RESPONDENT THE CIT, CONCERNED, MUMBAI THE CIT (A) CONCERNED, MUMBAI THE DR CONCERNED BENCH //TRUE COPY// [ BY ORDER DY/ASS TT. REGISTRAR, ITAT, MUMBAI.