VIJAYJYOT SEATS P. LTD, MUMBAI V. DCIT 13(1)(1), MUMBAI

ITA 3000/MUM/2019

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 9438 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 3 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2010-2011
• Appeal Filed On: 07-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: MAYUR SHAH
• Section: 271(1)(c); 250; 254(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER & SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER ITA No.3000/Mum/2019 (A.Y: 2010-11) M/s. Vijayjyot Seats Pvt Ltd., Plot No. 60CD, Shlok Bldg, 1 st Floor, Govt. Ind. Est, Charkop, Kandivili(W), Mumbai – 400067 Vs. DCIT 13(1)(1) Aayakar Bhavan, 2 nd Floor, MK Road, Mumbai – 400020. ./ज आइआर ./PAN/GIR No. : AAACV1235H Appellant .. Respondent Appellant by : Shri Mayur Shah, AR Respondent by : Ms. Usha Gaikwad, DR Date of Hearing 06.09.2021 Date of Pronouncement 07.09.2021 आद श / O R D E R PER PAVAN KUMAR GADALE JM: The assessee has filed the appeal against the order of the Commissioner of Income Tax (Appeals)- 21, Mumbai passed u/s 271(1)(c) and 250 of the Income Tax Act, 1961. 2. At the time hearing, the Ld. Counsel of the assessee has submitted that the assessee intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme ITA No. 3000/Mum/2019 M/s. Vijayjyot Seat Pvt Ltd, Mumbai - 2 - 2020’ (VSVS2020) and received Form 3 under VSVS Rules 2020. Contra, the Ld. DR has no objections. 3. We heard the rival submission and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and received Form-3 from the income tax department. We are of the view that, no purpose will be served in keeping the appeal pending. Accordingly, we dismiss the appeal of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order as per provisions of Law. 4. In the result, the appeal filed by the assessee is dismissed. Order pronounced in the open court on 07.09.2021. Sd/- Sd/- ( MANOJ KUMAR AGGARWAL) (PAVAN KUMAR GADALE) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai, Dated 07.09.2021 KRK, PS /Copy of the Order forwarded to : ITA No. 3000/Mum/2019 M/s. Vijayjyot Seat Pvt Ltd, Mumbai - 3 - 1. / The Appellant 2. / The Respondent. 3. आ र आ / The CIT(A) 4. आ र आ ( ) / Concerned CIT 5. "#$ % & &' , आ र ) र*, हमद द / DR, ITAT, Mumbai 6. % -. / 0 / Guard file. ान ु सार/ BY ORDER, " & //True Copy// 1. ( Asst. Registrar) ITAT, Mumbai