M/S MUMBAI MANTRA MEDIA LTD., MUMBAI V. ACIT 16 (1), MUMBAI

ITA 360/MUM/2020

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5549 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2012-2013
• Appeal Filed On: 13-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 13

Judgement Text

ITA NO. 360/MUM/2020 ASSESSMENT YEAR: 2012 - 13 PAGE 1 OF 2 INCOME TAX APPELLATE TRIBUNAL MUMBAI F BENCH, MUMBAI [CORAM: PRAMOD KUMAR (VICE PRESIDENT)] AND SAKTIJIT DEY (JUDICIAL MEMBER)] ITA NO. 360/MUM/2020 ASSESSMENT YEAR: 2012 - 13 MUMBAI MANTRA MEDIA LIMITED .. APPELLANT 5 TH FLOOR, MAHINDRA TOWERS, P.K. KURNE CHOWK, WORLI, MUMBAI 400018 [PAN: AAFCM4219H] VS. ASSISTANT COMMISSIONER OF INCOME TAX - 16(1), MUMBAI. .RESPONDENT APPEARANCES: HETAL VORA FOR THE APPELLANT UJJAWAL KUMAR FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : JULY 6, 2021 DATE OF PRONOUNCEMENT : JULY 6, 2021 O R D E R PER PRAMOD KUMAR, VP: 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THIS APPEAL, ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE PRAYER SO MADE BY THE ASSESSEE. 3. THERE IS NO DISPUTE THAT ON CE THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. 4. IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL AS WITHDRAWN, SUBJECT TO BE RIDER THAT IN THE UNLIKELY EVENT OF MATTER NOT BEING RESOLVED UNDER T HE VIVAD SE VISHWAS SCHEME, THE ASSESSEE SHALL HAVE LIBERTY TO APPROACH THE TRIBUNAL FOR RESTORATION OF HIS APPEAL. ITA NO. 360/MUM/2020 ASSESSMENT YEAR: 2012 - 13 PAGE 2 OF 2 5. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 6 TH DAY OF JULY 2021. SD/ - SD/ - SAKTIJIT DEY PRAMOD KUMAR (JUDICIAL MEMBER) (VICE PRESIDENT) MUMBAI, DATED THE 6 TH DAY OF JULY 2021. COPIES TO: (1) THE APPLICANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI