WINDY INVESTMENTS PVT. LTD., DELHI V. PR. CIT- CIRCLE- 1 , MUMBAI

ITA 3193/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2431 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 1 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2010-2011
• Appeal Filed On: 13-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T S KHALSA
• Section: 143(3); 13; 22

Judgement Text

G IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH, MUMBAI , . , BEFORE S H RI MAHAVIR SINGH, VP AND S H RI M. BALAGANESH, AM ./ ITA NO. 3193 /MUM/ 2019 ( / ASSESSMENT YEAR 2010 - 11 ) WINDY INVESTMENTS PVT. LTD. 4 TH FLOOR, PUNJABI BHAWAN, 10, ROUSE AVENUE, NEW DELHI - 110 002 / VS. PRINCIPA L COMMISSIONER OF INCOME TAX CENTRAL - 1, ROOM NO. 1001, 10 TH FLOOR, PRATISHTHA BHAVAN, MK ROAD, MUMBAI - 400 020 ( / APPELLANT) ( / RESPONDENT) . / PAN NO. AAAC20438M / APPELLANT BY : WITHDRAWAL LETTER D ATED 11.06.2020 / RESPONDENT BY : SHRI T.S. KHALSA, DR / DATE OF HEARING : 1 7 .06.2021 / DATE OF PRONOUNCEMENT : 22 .06.2021 / O R D E R . , / PER M. BALAGANESH , AM : THIS APPEAL OF ASSESSEE IS ARISING OUT OF THE ORDER OF PRINCIPAL COMMISSIONER OF INCOME - TAX, MUMBAI [IN SHORT CIT(A)], DATED 22.03.2019 . THE ASSESSMENT WAS FRAMED BY THE DY . COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 13 , MUMBAI (IN SHORT ACIT / AO) FOR THE A.Y. 2010 - 11 VIDE ORDER DATED 22.03.2013 UNDER SECTION 143(3) OF THE INCOME - TAX ACT, 1961 (HEREINAFTER THE ACT). 2 . THE REGISTRY PLACED ON RECORD ASSESSEES LETTER DATED 11 TH JUNE, 2021 WHEREIN IT HAS BEEN SUBMITTED TH AT THE ASSESSEE HAS ALREADY ITA N O. 3 193/MUM/2019 WINDY INVESTMENTS PVT. LTD. ; AY 10 - 11 PAGE | 2 OPTED FOR SETTLEMENT OF DISPUTE FOR TH IS ASSESSMENT YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 AND RECEIVED FORM NO.3 FROM APPROPRIATE AUTHORITY. THE LD. DR SUBMITTED THAT THE APPEAL MAY BE DISMISSED. 3 . IN VIEW OF FOREGOING, THE APPEALS STAND DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF THE APPEALS IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4 . IN THE RESULT, THE APPEAL OF THE ASSE SSEE IS DISMISSED AS WITHDRAWN . ORDER PRONOUNCED IN THE OPEN COURT ON 22 .06. 2021. SD/ - SD/ - ( /MAHAVIR SINGH) ( / M BALAGANESH ) ( / VICE PRESIDENT) ( / ACCOUNTANT MEMBER) , / MUMBAI, DATED : 22 .06.2021 , . / SUDIP SARKAR, 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 ORD ER, //TRUE COPY// / (ASSTT. REGISTRAR) , / ITAT, MUMBAI ITA N O. 3 193/MUM/2019 WINDY INVESTMENTS PVT. LTD. ; AY 10 - 11 PAGE | 3