KUMAR ELASTOMECH PVT. LTD., MUMBAI V. ACIT 10(1)(2), MUMBAI

ITA 2834/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 9392 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 8 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2010-2011
• Appeal Filed On: 03-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GURBINDER SINGH LD
• Assessee Lawyers: VIPUL PUNMIYALD

Judgement Text

ITA NOS.2834 & 2835/MUM/2019 KUMAR ELASTOMECH PVT. LTD. ASSESSMENT YEARS: 2010-11 & 2012-13 1 IN THE INCOME TAX APPELLATE TRIBUNAL H BENCH, MUMBAI , , BEFORE HONBLE SHRI AMARJIT SINGH, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NOS.2834 & 2835/MUM/2019 ( / ASSESSMENT YEARS: 2010-11 & 2012-13) KUMAR ELASTOMECH PVT. LTD. G0123 ANSA INDUSTRIAL ESTATE SAKI VIHAR ROAD, ANDHERI (EAST), MUMBAI-400 072 / VS. A CIT - 10(1)(2) AAYKAR BHAVAN, M.K. ROAD, MUMBAI-400 020 !' ./ ./PAN/GIR NO. AACCK -4343-H ( '$ /APPELLANT ) : ( %&'$ / RESPONDENT ) ASSESSEE BY : SHRI VIPUL PUNMIYA-LD. AR REVENUE BY : SHRI GURBINDER SINGH-LD. SR. DR / DATE OF HEARING : 24/12/2020 / DATE OF PRONOUNCEMENT : 04/01/2021 / O R D E R PER BENCH 1. AFORESAID APPEALS BY ASSESSEE FOR ASSESSMENT YEA RS 2010- 11 & 2012-13 CONTESTS SEPARATE ORDERS OF LEARNED FI RST APPELLATE AUTHORITY ON CERTAIN GROUNDS OF APPEAL. 2. THE LD. AR, AT THE OUTSET, SUBMITTED THAT THE AS SESSEE HAS ALREADY OPTED FOR VIVAD SE VISHWAS SCHEME (VVS SCHEME) FOR BOTH THE YEARS AND FILED REQUISITE DECLARATION. ACC ORDINGLY, BOTH THE APPEALS ARE BEING WITHDRAWN. THE LD. DR DID NOT OBJ ECT TO THE SAME. ITA NOS.2834 & 2835/MUM/2019 KUMAR ELASTOMECH PVT. LTD. ASSESSMENT YEARS: 2010-11 & 2012-13 2 3. ACCORDINGLY, BOTH THE APPEALS STAND DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF T HE APPEALS IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. BOTH THE APPEAL STAND DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 04 TH JANUARY, 2021. SD/- SD/- (AMARJIT SINGH) (MANO J KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 04/01/2021 S R.PS, SUDIP SARKAR; SR.PS, JAISY VARGHESE / COPY OF THE ORDER FORWARDED TO : 1. '$ / THE APPELLANT 2. %&'$ / THE RESPONDENT 3. , ( ) / THE CIT(A) 4. , / CIT CONCERNED 5. -.% , , / DR, ITAT, MUMBAI 6. .012 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.