MAGNUM EQUITY SERVICES LTD., MUMBAI V. ACIT 4 (3)(2), MUMBAI

ITA 293/MUM/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8373 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 2 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2008-2009
• Appeal Filed On: 10-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: AGAINST TH E DATED PASSED

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, MUMBAI BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT & BEFORE SHRI S. RIFAUR RAHMAN, AM / I .T.A. NO . 293 /MUM/20 20 ( / ASSESSMENT YEAR: 2008 - 09 ) MAGNUM EQUITY SERVICES LTD. 103, HARGAN GA MAHAL ANNEX, KHODADAD CIRCLE, DADAR, TT, MUMBAI - 14 / VS. ACIT - 4(3)(2), ITO, R. NO. 649, 6 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI - 400 020 ./ ./ PAN/GIR NO. AA A CM4483G ( / APPELLANT ) .. ( / RESPONDENT ) / DATE OF HEARING: 19 / 03 /20 21 /DATE OF PRONOUNCEMENT: 19 / 03 /20 21 / O R D E R PER S. RIFAUR RAHMAN, ACCOUNTANT MEMBER : THE PRESENT APPEAL HAS BEEN FILED BY THE ASSESSEE AGAINST TH E ORDER DATED 07.11 .2019 PASSED BY LD. COMMISSIONER OF INCOME TAX (APPEALS) - 9 , MUMBAI [HEREINAFTER REFERRED TO AS THE LD. CIT (A) ] RELEVANT TO A.Y. 20 08 - 09 . 2 . AT THE OUTSET, WHEN THE APPE AL WAS CALLED OUT FOR HEARING, NONE HAS APPEARED ON BEHALF OF THE ASSESSEE IN SPIT E OF CALLS. VIDE LETTER DATED 01 .03.2021, ASSESSEE SUBMITTED THAT IT HAS FILED THE NECESSARY DECLARATION UNDER DIRECT TAX VIVAD SE VISHWAS ACT, 2020 (ACT 3 OF 2020) AND CONFI RMED THE RECEIPT OF FORM - 3 AND PRAYER TO WITHDRAW THE APPEAL. 3 . THE L D. DR ALSO DID NOT OBJECT TO COURSE SO SUGGESTED. ASSESSEE BY : NONE REVENUE BY: MS. SMITA VERMA & SHRI SUNIL DESHPANDE , DR ITA NO. 293 / MUM/20 20 MAGNUM EQUITY SERVICES LTD 2 4 . IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL AS WITHDRAWN BASED ON THE LETTER SUBMITTED BEFORE US AND ASSESSEE HAS FILED THE RELEVAN T FORM NO. 3 UNDER THE VIVAD SE VISHWAS SCHEME , 2020. 5 . IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN . ORDER PRONOUNCED IN THE OPEN COURT ON 19 / 03 /20 21 . SD/ - SD/ - ( MAHAVIR SINGH ) (S. RIFAUR RAHMAN ) VICE PRESIDENT ACCOUNTANT MEMBER MUMBAI; DATE D : 19 / 03 /20 21 DHANANJAY ( SR.PS ) / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6 . / GUARD FILE. / BY ORDER, //TRUE COPY// / /(DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI