OPTIMYSTIX ENTERTAINMENT INDIA P.LTD, MUMBAI V. DCIT RG 8(1)(OSD), MUMBAI

ITA 2568/MUM/2014

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 2696 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 3 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-07-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2008-2009
• Appeal Filed On: 16-04-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: K MOHANDA S

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH , MUMBAI BEFORE SRI MAHAVIR SINGH, J UDICIAL MEMBER AND SRI MANOJ KUMAR AGGARWAL , A CCOUNTANT MEMBER ITA NO. 2568 /MUM/2014 (A.Y.: 2008 - 09 ) OPTIMYSTIX ENTERTAINMENT INDIA PVT. LTD. 21, SVP NAGAR, JANKIDEVI PUBL IC SCHOOL ROAD, NEAR VERSOVA TELEPHONE EXCHANGE, ANDHERI (W), MUMBAI 400 053 VS. THE DY. COMMISSIONER OF INCOME TAX RANGE - 8 (2), ROOM NO.209, 2 ND FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI 400 020 PAN: AAACO 4359 H APPELLANT .. RESPONDENT APPELLANT BY .. SHRI R. C. JAIN SHRI SUNIL BHANDARI, ARS RESPONDENT BY .. SHRI K. MOHANDAS, DR DATE OF HEARING .. 26 - 07 - 2016 DATE OF PRONOUNCEMENT .. 26 - 07 - 2016 O R D E R PER MAHAVIR SINGH , JM : THIS APPEAL IS PREFERRED BY THE ASSESSEE AGAINST THE ORDER OF THE CIT (A) - 17 , MUMBAI PASSED IN APPEAL NO. CIT (A) - 17/IT - 177/10 - 11 DATED 29 - 01 - 2014 . ASSESSMENT WAS FRAMED BY THE DCIT - 8(1) (OSD), MU MBAI VIDE HIS ORDER PASSED U/S 143 (3) (II) OF THE INCOME TAX ACT, 1961 (HEREINAFTER THE ACT) DATED 24 - 12 - 2010 FOR ASSESSMEN T YEAR 2008 - 09. 2. AT THE OUTSET , THE LEARNED COUNSEL FOR THE ASSESSEE MADE A STATEMENT AT THE BAR THAT THE ASSESSEE IS NOT INTERESTED IN PURSUING THIS APPEAL AND THE SAME MAY BE TREATED AS NOT PRESSED. ON QUERY FROM THE BENCH, THE LEARNED SR. DR STATED T HAT HE HAS NO OBJECTION IF THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. IN VIEW OF THE ABOVE, WE PERMIT THE WITHDRAWAL OF THE APPEAL AND DISMISSED THE SAME AS WITHDRAWN. ITA NO. 2568 /MUM/20 14 2 3. IN THE RESULT, ASSESSEES APPEAL IS DISMISSED AS WITHDRAWN. O RDER PRONO UNCED IN THE OPEN COURT ON 26/07 / 201 6 . SD/ - SD/ - ( MANOJ KUMAR AGGARWAL ) ( MAHAVIR SINGH ) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI , DATED 26/7 / 201 6 LAKSHMIKANTA DEKA/SR.PS COPY OF THE ORDER FORWARDED TO : BY ORDER, ASSISTANT REGISTRAR ITAT, MUMBAI DATE INITIAL DICTATION PAD ATTACHED WITH THE DRAFT ORDER YES 1. DRAFT DICTATED ON 26 - 07 - 16 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 27 - 07 - 16 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DR AFT DISCUSSED/APPROVED BY SECOND MEMBER. AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. FILE SENT TO THE BENCH CLERK SR.PS 8. DATE ON WHICH FILE GOES TO THE AR 9. DATE ON WHICH FILE GOES TO THE HEAD C LERK. 10. DATE OF DISPATCH OF ORDER. 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT ( A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//