M/S GALA ENTERPRISES PVT LTD., Mumbai V. ITO 9(3)(3), Mumbai

ITA 2538/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4464 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 24-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA NO.2538/MUM/2019 M/S. GALA ENTERPRISES PVT.LTD. ASSESSMENT YEAR: 2015-16 1 IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH, MUMBAI , , BEFORE HONBLE SHRI MAHAVIR SINGH, VP AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.2538/MUM/2019 ( / ASSESSMENT YEAR: 2015-16) M/S. GALA ENTERPRISES PVT.LTD. A 63, RUIA PARK CHS LTD. JANARDAN RAMJI MAHTA ROAD, JUHU MUMBAI-400 049 / VS. INCOME TAX OFFICER - 9(3)(3) ROOM NO.471, 4 TH FLOOR AAYKAR BHAWAN, M.K.ROAD MUMBAI-400 020 !' ./ ./PAN/GIR NO. AABCG-0788-M ( '$ /APPELLANT ) : ( %&'$ / RESPONDENT ) ASSESSEE BY : MS. RUCHI RATHOD-LD. AR REVENUE BY : SHRI T.S. KHALSA- LD. DR / DATE OF HEARING : 01/02/2021 / DATE OF PRONOUNCEMENT : 01/02/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2015-16 CONTEST THE ORDER OF LEARNED FIRST APPELLATE AUTHOR ITY ON CERTAIN GROUNDS OF APPEAL. 2. THE LD. COUNSEL FOR ASSESSEE, AT THE OUTSET, SUB MITTED THAT THE ASSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DI SPUTE UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 FOR THE YEAR UNDER CONSIDERATION AND THEREFORE, THE APPEALS MAY BE TREATED AS WITHDRAWN. THE LD. DR DID NOT OBJECT TO THE SAME. ITA NO.2538/MUM/2019 M/S. GALA ENTERPRISES PVT.LTD. ASSESSMENT YEAR: 2015-16 2 3. IN VIEW OF FOREGOING, THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTOR ATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDE R THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 01 ST FEBRUARY, 2021. SD/- SD/- (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED :01/02/2021 SR.PS, KASARLA THIRUMALESH / COPY OF THE ORDER FORWARDED TO : 1. '$ / THE APPELLANT 2. %&'$ / THE RESPONDENT 3. - ( ) / THE CIT(A) 4. - / CIT CONCERNED 5. ./% ( 0 , 0 , / DR, ITAT, MUMBAI 6. /123 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.