AMALGAMATED COMMERCIAL TREDERS P.LTD, THANE V. ITO WD 6(1)(3), MUMBAI

ITA 3372/MUM/2016

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 8614 (ITAT-MUMBAI)
• Duration Of Justice: 5 year(s) 1 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2001-2002
• Appeal Filed On: 13-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 250; 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH D MUMBAI BEFORE SHRI C.N. PRASAD (JUDICIAL MEMBER) AND SHRI S. RIFAUR RAHMAN (ACCOUNTANT MEMBER) ITA NO. 3372/MUM/2016 ASSESSMENT YEAR: 2001-02 M/S AMALGAMATED COMMERCIAL TREDERS PVT. LTD., C-204, VISHAL APARTMENT TULINJ, TAKI ROAD, NALASOPARA (E), DIST; THANE-401209 VS. ITO, WARD 6(1)(3), MUMBAI. PAN NO. AAACA 6808 P APPELLANT RESPONDENT ASSESSEE BY : NONE REVENUE BY : MR. BHARAT ANDHALE, DR DATE OF HEARING : 17/06/2021 DATE OF PRONOUNCEMENT : 17/06/2021 ORDER PER S. RIFAUR RAHMAN, A.M. THE PRESENT APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-12, MUMBAI [IN SHORT CIT(A)] FOR THE ASSESSMENT YEAR 2001-02 DATED 08.12.2011 AND ARISES OUT OF ASSESSMENT COMPLETED U/S 143(3) R.W.S 250 OF THE INCOME TAX AC T, 1961 (IN SHORT THE ACT). 2. AT THE OUTSET, WHEN THE APPEAL WAS CALLED OUT FO R HEARING, NONE HAS APPEARED ON BEHALF OF THE ASSESSEE IN SPITE OF CALL S. VIDE LETTER DATED 10.06.2021, ASSESSEE SUBMITTED THAT IT HAS FILED THE NECESSARY DECLARATION UNDER DIRECT TAX M/S AMALGAMATED COMMERCIAL ITA NO. 3372 /M/2016 2 VIVAD SE VISHWAS ACT, 2020 (ACT 3 OF 2020) AND CONF IRMED THE RECEIPT OF FORM-3 AND PRAYER TO WITHDRAW THE APPEAL. 3. THE LD. DR ALSO DID NOT OBJECT TO COURSE SO SUGG ESTED AND AGREED TO ALLOW THE WITHDRAWAL OF APPEAL BY THE ASSESSEE. 4. IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL OF T HE ASSESSEE SINCE ASSESSEE HAS PREFERRED TO SETTLE THE ISSUE UNDER VIVAD SE VI SHWAS SCHEME AND IT HAS RECEIVED THE ACKNOWLEDGEMENT IN FORM-3 AS WELL. THE REFORE, THIS APPEAL IS ACCORDINGLY DISMISSED AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 17/06/2021. SD/- SD/- (C.N. PRASAD) ( S. RIFAUR RAHMAN ) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI; DATED: 17/06/2021 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./ASSISTANT REGISTRAR) ITAT, MUMBAI