LEHMAN BROTHERS ADVISERS P.LTD, MUMBAI V. CIT -6, MUMBAI

ITA 3306/MUM/2014

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 7851 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 7 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-12-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 08-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R P MEENA
• Assessee Lawyers: SHRADDHA SWAROOP
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH A MUMBAI BEFORE SHRI D.T. GARASIA (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER) ITA NO. 3306/MUM/2014 ASSESSMENT YEAR: 2008 - 09 LEHMAN BROTHERS ADVISERS PVT. LTD. OFFICE NO. 203, THE EMPIRE BUSINESS CENTRE, EMPIRE COMPLEX, 414, SENAPATI BAPAT MARG, LOWER PAREL WEST, MUMBAI - 400013 VS. CIT - 6 ROOM 501, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD MUMBAI - 400020. PAN NO. AABCL2172N APPELLANT RESPONDENT ASSESSEE BY : MS. SHRADDHA SWAROOP , AR REVENUE BY : MR. R.P. MEENA , DR DATE OF HEARING : 27/12 /2017 DATE OF PRONOUNCEMENT : 29/12/2017 ORDER PER N.K. PRADHAN, A.M. THIS IS AN APPEAL FILED BY THE ASSESSEE. THE RELEVANT ASSESSMENT YEAR IS 2008 - 09 . THE APPEAL IS DIRECTED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME TAX - 6, MUMBAI U/S 263 INCOME TAX ACT 1961. 2. THE LD. COUNSEL OF THE ASSESSEE SUBMITS THAT THE A PPELLANT HAS FILED AN APPLICATION FOR WITHDRAWAL OF THE CAPTIONED APPEAL. THE APPELLANT HAS STATED THEREIN THAT IN ORDER TO BY PEACE AND TO AVOID ONGOING LITIGATION FOR THE ABOVE ASSESSMENT YEAR, ITS DECISION OF WITHDRAWING THE APPEAL BE ACCEPTED. LEHMAN BROTHERS ADVISERS PVT. LTD. ITA NO. 3306/MUM/2014 2 THERE WAS NO OPPOSITION BY THE LD. DR TO THE ABOVE APPLICATION OF THE ASSESSEE . 3. IN THE RESULT, THE APPEAL IS DISMISSED AS BEING WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 29/12/2017. SD/ - SD/ - (D.T. GARASIA) (N.K. PRADHAN) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED: 29/12/2017 RAHUL SHARMA, SR. P.S. 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