HINDUSTAN PETROLEUM CORPORATION LTD, MUMBAI V. ADDL CIT RG 1(1), MUMBAI

ITA 2663/MUM/2012

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4073 (ITAT-MUMBAI)
• Duration Of Justice: 9 year(s) 5 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-10-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2008-2009
• Appeal Filed On: 19-04-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201; 48; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL , H BENCH MUMBAI BEFORE : SHRI SAKTIJIT DEY, JUDICIAL MEMBER & SHRI M.BALAGANESH, A CCOUNTANT MEMBER ITA NO. 2663 /MUM/ 20 12 ( ASSESSMENT YEAR : 2008 - 09 ) CO NO.220/MUM/2014 (ARISING OUT OF ITA NO. 48 02 /MUM/ 2013 ( ASSESSMENT YEAR : 2009 - 10 ) ITA NO. 3401 /MUM/ 2016 ( ASSESSMENT YEAR : 2010 - 11 ) ITA NO. 7339 /MUM/ 2016 ( ASSESSMENT YEAR : 2011 - 12 ) M/S. HINDUSTAN PETROLEUM CORPORATION LIMITED 17, JAMSHEDJI TATA ROAD MUMBAI 400 020 VS. ADDL. COMMISSIONER OF INCOME TAX RANGE 1(1) MUMBAI PAN/GIR NO. AAACH1118B (APPELLANT ) .. (RESPONDENT ) ITA NO. 2673 /MUM/ 2012 ( ASSESSMENT YEAR : 2008 - 09 ) ITA NO. 4802 /MUM/ 2013 ( ASSESSMENT YEAR : 2009 - 10 ) ITA NO. 4435 /MUM/ 2016 ( ASSESSMENT YEAR : 2010 - 11 ) ITA NO. 7551 /MUM/ 2016 ( ASSESSMENT YEAR : 2011 - 12 ) ITA NO. 2325 /MUM/ 2017 ( ASSESSMENT YEAR : 2012 - 13 ) & ITA NO. 6093 /MUM/ 2017 ( ASSESSMENT YEAR : 2013 - 14 ) ITA NO . 2663/MUM/2012 AND OTHER APPEALS M/S. HINDUSTAN PETROLEUM CORPORATION LTD., 2 ADDL. / DY. COMMISSIONER OF INCOME TAX RANGE 1(1) MUMBAI VS. M/S. HINDUSTAN PETROLEUM CORPORATION LIMITED 17, JAMSHEDJI TATA ROAD MUMBA I 400 020 PAN/GIR NO. AAACH1118B (APPELLANT ) .. (RESPONDENT ) ASSESSEE BY MS. AARTI SATHE REVENUE BY SHRI SANDEEP RAJ DATE OF HEARING 04 / 1 0/2021 DATE OF PRONOUNCEMENT 04 / 10 /202 1 / O R D E R PER BENCH: THESE CROSS APPEAL S IN ITA NO .2663/MUM/2012 & CO NO.220/MUM/2014 , ITA NO.3401/MUM/2016, ITA NO.7339/MUM/2016 , ITA NO.2673/MUM/2012, ITA NO.4802/MUM/2013, ITA NO.4435/MUM/2016, ITA NO.7551/MUM/2016, ITA NO.2325/MUM/2017 & ITA NO.6093/MUM/2017 FOR A.Y. 2008 - 09 TO 201 3 - 1 4 RESPE CTIVELY ARISE OUT OF THE ORDER BY THE LD. COMMISSIONER OF INCOME TAX (APPEALS) - 1 / 2 RESPECTIVELY MUMBAI IN APPEAL NO S . CIT(A) - I/IT - 702/2010 - 11, CIT(A) - I/IT - 132/2011 - 12 , CIT(A) - 2/IT - 85/2012 - 13, CIT(A)/IT 2A/2014 - 15 , CIT(A) - 2/IT - 279/2014 - 15 & CIT(A) - 2/IT - 06/ 2016 - 17 DATED 15/02/2012 , 31/03/2013 , 09/03/2016 , 31/08/2016 , 30/12/2016 & 26/07/2017 RESPECTIVELY (LD. CIT(A) IN SHORT) AGAINST THE ORDER OF ASSESSMENT PASSED U/S.143(3) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT) ITA NO . 2663/MUM/2012 AND OTHER APPEALS M/S. HINDUSTAN PETROLEUM CORPORATION LTD., 3 DATED 16/11/2010 , 23/12/ 2011 , 15/02/2013 , 28/02/2014 , 02/02/2015 & 07/03/2016 BY THE LD. ADDL. COMMISS IONER OF INCOME TAX, RANGE 1(1) / LD. DY. COMMISSIONER OF INCOME TAX - 1(1), MUMBAI (HEREINAFTER REFERRED TO AS LD. AO). 2. WE FIND THAT THE LD. COUNSEL FOR THE ASSESSEE MS. AARTI SATHE SUBMITTED THAT ASSESSEE FILED A LETTER DATED 30/09/2021 MENTIONING THAT AN APPLICATION HAD BEEN PREFERRED UNDER DIRECT TAX VIVAD SE VISWAS SCHEME 2020 TO SETTLE THESE TAX DISPUTE S FOR THE YEAR S UNDER CONSIDERATION AND HAD OBTAINED FORM - 3 FROM THE DESIGNATED AUTHORITY THEREON, COPY OF WHICH WAS ENCLOSED ALONGWITH THIS LETTER. SHE ALSO STATED THAT DUE TAXES FOR ALL THE YEARS HAD ALREADY BEEN PAID BY THE ASSESSEE UNDER VIVAD SE VISHWAS SCHEME 2020. 3. IN VIEW OF T HIS, WE HEREBY TREAT THE CROSS APPE ALS PENDING BEFORE US AS DISMISSED AND WITHDRAWN WITH A LIBERTY GIVEN TO BOTH THE PARTIES TO GET THE APPEAL S RESTORED IN THE EVENT THAT ASSESSEES DECLARATION MADE UNDER VIVAD SE VISWAS SCHEME 2020 IS DECLARED BAD IN LAW IN FUTURE FOR ANY REASON WHATSOEV ER. 4. IN THE RESULT, APPEAL S AND CROSS OBJECTION OF THE ASSESSEE AND REVENUE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 04/10/2021. SD/ - ( SAKTIJIT DEY ) SD/ - (M.BALAGANESH) JUDIC IAL MEMBER ACCOUNTANT MEMBER ITA NO . 2663/MUM/2012 AND OTHER APPEALS M/S. HINDUSTAN PETROLEUM CORPORATION LTD., 4 MUMBAI ; DATED 04 / 10 / 2021 KARUNA , SR.PS COPY OF THE ORDER FORWARDED TO : BY ORDER, ( ASSTT. REGISTRAR) ITAT, MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//