M/S BHANDERI CORPORATION LTD, Mumbai V. DY. CIT CENTRAL CIRCLE 1(1), Mumbai

ITA 3122/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0231 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 2 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 10-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: DR K SHIVARAM
• Section: 153A; 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL , B BENCH MUMBAI BEFORE : SHRI VIKAS AWASTHY, JUDICIAL MEMBER & SHRI M.BALAGANESH, A CCOUNTANT M EMBER ITA NO. 3122 /MUM/ 20 19 ( ASSESSMENT YEAR : 201 1 - 1 2 ) M/S. BHANDERI CORPORATION LTD., C/O. SARA & A SSOCIATES 202, MAY BUILDING 297/299/301 PRINCESS STREET NEAR MARINE LINES FLYOVER MUMBAI 400 002 VS. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 1(1) MUMBAI 400 020 PAN/GIR NO. AABCG5528P (APPELLANT ) .. (RESPONDENT ) ITA NO. 1970 /MUM/ 2019 ( ASSESS MENT YEAR : 2011 - 12 ) DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 1(1) MUMBAI 400 020 VS. M/S. BHANDERI CORPORATION LTD., C/O. SARA & ASSOCIATES 202, MAY BUILDING 297/299/301 PRINCESS STREET NEAR MARINE LINES FLYOVER MUMBAI 400 002 PAN/GIR NO. AABCG 5528P (APPELLANT ) .. (RESPONDENT ) ASSESSEE BY DR. K. SHIVARAM REVENUE BY SHRI RAHUL RAMAN DATE OF HEARING 14 / 07 /202 1 DATE OF PRONOUNCEMENT 14 / 07 /202 1 ITA NO S . 3122/MUM/2019 & 1970/MUM/2019 M/S. BHANDERI CORPORATION LTD., 2 / O R D E R PER M. BALAGANESH (A.M) : THESE CROSS APPEAL S IN ITA NO. 3122/MUM/2019 & 1970/MUM/2019 FOR A.Y. 2011 - 12 ARISES OUT OF THE ORDER BY THE LD. COMMISSIONER OF INCOME TAX (APPEALS) - 47, MUMBAI IN APPEAL NO. CIT(A) - 47/12847/2016 - 17 DATED 28/01/201 9 (LD. CIT(A) IN SHORT) AGAINST THE ORDER OF ASSESSMENT PASSED U/S.143(3) R.W.S. 153A OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT) DATED 30/12/2016 BY THE LD. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 1(1), MUMBAI (HEREINAFTER REFERRE D TO AS LD. AO). 2 . AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE DR. K. SHIVARAM SUBMITTED THAT ASSESSEE HAD AVAILED VIVAD SE VISHWAS SCHEME AND ALREADY PAID ALL THE TAXES. 3 . LD. DR SHRI RAHUL RAMAN ALSO CONFIRMED THAT ALL TAXES HAVE BEEN PAID. THE LD. DR AT THE TIME OF HEARING SUBMITTED THAT HE HAD SOUGHT A REPORT FROM THE ASSESSING OFFICER AND I N THIS REGARD , HE HAS ALSO CONFIRMED THE SAME. ACCORDINGLY, THE APPEALS OF THE ASSESSEE AND REVENUE ARE DISMISSED AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE AS SESSEE AND APPEAL OF THE REVENUE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 14/07/2021 SD/ - ( VIKAS AWASTHY ) SD/ - (M.BALAGANESH) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DAT ED 14 / 07 / 2021 KARUNA , SR.PS ITA NO S . 3122/MUM/2019 & 1970/MUM/2019 M/S. BHANDERI CORPORATION LTD., 3 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//