Appeal details
Counselvise Citation
[2021] 109 COUNSELVISE.COM (IT) 4457 (ITAT-MUMBAI)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
1 year(s) 7 month(s) 12 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
04-01-2021
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
B
Assessment Year
2013-2014
Appeal Filed On
22-05-2019
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH B , MUMBAI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI RAM LAL NEGI, JUDICIAL MEMBER ITA NO. 3479/MUM/2019 : A.Y : 2013 - 14 BIPIN THAKORLAL SHAH 62, MITTAL BHAVAN, 2 ND FLOOR, PEDDAR ROAD, MUMBAI 400 026. PAN : ANUPS4678R (APPELLANT) VS. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE 19(1), MUMBAI. (RESPONDENT) APPELLANT BY : SHRI MILIND GANDHI RESPONDENT BY : SHRI SUNIL S. DESHPANDE DATE OF HEARING : 31/12/2020 DATE OF PRONOUNCEMENT : 04 /01/2021 O R D E R PER SHAMIM YAHYA, AM : THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST ORDER OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS) - 30, MUMBAI (IN SHORT THE CIT(A)) DATED 15.03.2019 PERTAINING TO ASSESSMENT YEAR 2013 - 14. 2. THE GROU NDS OF APPEAL RELATES TO PENALTY UNDER SECTION 271(1)(C) OF THE INCOME TAX ACT, 1961 FOR AN AMOUNT OF RS.2,70,375/ - . 3 . AT THE OUTSET, IN TH IS CASE , THE LEARNED COUNSEL OF THE ASSESSEE SUBMITTED THAT ASSESSEE HAS OPTED FOR SETTLEMENT OF DISPUTE UNDER THE VIVAD SE VISHWAS SCHEME (VSVS) . THE NECESSARY APPLICATIONS HAVE BEEN FILED AND THE ORDER 2 ITA NO. 3479/MUM/2019 BIPIN T. SHAH RECEIVED. HENCE, THE LEARNED COUNSEL SUBMITS THAT HE SHALL BE WITHDRAWING THE APPEAL. THE LEARNED DEPARTMENTAL REPRESENTATIVE DID NOT HAVE ANY OBJECTION TO THIS PRO POSITION. 4. UPON CAREFUL CONSIDERATION, WE HAVE GRANTED PERMISSION TO WITHDRAW THE APPEAL. ACCORDINGLY, THIS APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED UNDER RULE 34(4) OF ITAT RULES ON 4 T H JANUARY, 2021. S D / - SD/ - (RAM LAL NEGI) JUDICIAL MEMBER ( SHAMIM YAHYA ) ACCOUNTANT MEMBER MUMBAI, DATE : 4 T H JANUARY , 20 2 1 *SSL* COPY TO : 1) THE APPELLANT 2) THE RESPONDENT 3) THE CIT(A) CONCERNED 4) THE CIT CONCERNED 5) THE D.R, B BENCH, MUMBAI 6) GUARD FILE BY ORDER DY./ASSTT. REGISTRAR I.T.A.T, MUMBAI
