M/s. WYETH LTD., MUMBAI V. ADDL. CIT Rg. 7(3), MUMBAI

ITA 3874/MUM/2005

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 1567 (ITAT-MUMBAI)
• Duration Of Justice: 17 year(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2001-2002
• Appeal Filed On: 19-05-2005
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: RAJANCHI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, ‘J‘ BENCH MUMBAI BEFORE: SHRI M.BALAGANESH, ACCOUNTANT MEMBER & SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER ITA No.3874/Mum/2005 (Asse ssment Year :2000-01) M/s. Pfizer Ltd., (as successor to Wyeth Limited) Level 6 & 7, Platina, Plot No.C-59, G-Block BKC, Bandra (E) Mumbai – 400 098 Vs. Addl CIT Rg 7(3) Room No.615, Aaykar Bhavan M.K. Marg Mumbai – 400 020 PAN/GIR No. (Appellant) .. (Respondent) Assessee by Shri Rajanchi Revenue by Shri S N Kabra Date of Hearing 01/06/2022 Date of Pronouncement 01/06/2022 आदेश / O R D E R PER M. BALAGANESH (A.M): This appeal in ITA No.3874/Mum/2005 for A.Y.2000-01 arises out of the order by the ld. Commissioner of Income Tax (Appeals) in appeal No.CIT(A)-XXX/IT-56/7(3)/03-04 dated 22/03/2005 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 28/03/2003 by the ld. Addl. Commissioner of Income Tax, Range-7(3), Mumbai (hereinafter referred to as ld. AO). ITA No.3874/Mum/2005 M/s. Pfizer Ltd.,(as successor of Wyeth Limited) 2 2. We find that the ld. AR filed a letter dated 31 st May 2022 mentioning that assessee had preferred an application under direct tax “Vivad Se Viswas Scheme 2020” to settle this tax dispute for the year under consideration and had obtained Form-5 from the designated authority thereon, copy of which was enclosed alongwith this letter. Ld. DR also agreed that the Form -5 has been received. 3. In view of this, we hereby dismiss the appeal pending before us. 4. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in open Court on 01/06/2022. Sd/- (PAVAN KUMAR GADALE) Sd/- (M.BALAGANESH) JUDICIAL MEMBER ACCOUNTANT MEMBER Mumbai; Dated 01/06/2022 KARUNA, sr.ps Copy of the Order forwarded to : BY ORDER, Asstt. Registrar) ITAT, Mumbai 1. The Appellant 2. The Respondent. 3. The CIT(A), Mumbai. 4. CIT 5. DR, ITAT, Mumbai 6. Guard file. //True Copy//