JAE PHARMACY PVT. LTD., MUMBAI V. ITO 10 (2)(1), MUMBAI

ITA 388/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1438 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2015-2016
• Appeal Filed On: 28-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 20

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH F, MUMBAI , $ %& BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER AND SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER . 388/ / 2019 (. . 2015-16 ) ITA NO.388/MUM/2019(A.Y.2015-16) . 389/ / 2019 (. . 2014-15 ) ITA NO.389/MUM/2019(A.Y.2014-15) JAE PHARMACY PVT. LTD., 210/213, SAGAR AVENUE, S.V.ROAD, ANDHERI (WEST), MUMBAI 400 058 PAN:AABCJ3216D ...... + / APPELLANT VS. INCOME TAX OFFICER 10(2)(1), AAYKAR BHAVAN, M.K.ROAD, MUMBAI 400 020 ..... ,- / RESPONDENT ASSESSEE BY : NONE REVENUE BY : MS. USHA GAIKWAD .- / DATE OF HEARING : 10/02/2021 /0 .- / DATE OF PRONOUNCEMENT : 10/02/2021 %/ ORDER PER VIKAS AWASTHY,JM: THESE TWO APPEALS BY THE ASSESSEE ARE DIRECTED AG AINST COMMON ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-17, MUMBAI ( I N SHORT THE CIT(A)) DATED 27/11/2018 FOR THE ASSESSMENT YEARS 2015-16 AND 20 14-15, RESPECTIVELY. 2 ITA NO.388/MUM/2019(A.Y.2015-16) ITA NO.389/MUM/2019(A.Y.2014-15) 2. A REQUEST LETTER DATED 10/02/2021 HAS BEEN REC EIVED FROM THE ASSESSEE STATING THAT THE ASSESSEE HAS OPTED FOR VIWAD SE VISHWAS SCHEME, 2020( IN SHORT VSVS) AND HENCE, WANT TO WITHDRAW BOTH THE APPEALS. 3. MS. USHA GAIKWAD, REPRESENTING THE DEPARTMENT STATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANT TO WITHDRAW APPEALS TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSES SEES DECLARATION UNDER VSVS FOR BOTH THE IMPUGNED ASSESSMENT YEARS HAS BEEN ACCEPTE D AND THE DEPARTMENT HAS ISSUED FORM-3. IN VIEW OF THE ABOVE, THE APPEALS BY ASSE SSEE ARE DISMISSED AS WITHDRAWN. 5. THE APPEALS BY ASSESSEE ARE DISMISSED AS WITH DRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON WEDNESD AY, THE 10 TH DAY OF FEBRUARY, 2021. SD/- SD/- (MANOJ KUMAR AGGARWAL) (VI KAS AWASTHY) %2 / ACCOUNTANT MEMBER / JUDICIAL MEMBER / MUMBAI, 3 / DATED 10/02/2021 VM , SR. PS (O/S) ,-4$%0- COPY OF THE ORDER FORWARDED TO : 1. + / THE APPELLANT , 2. ,- / THE RESPONDENT. 3. 5- ( )/ THE CIT(A)- 4. 5- CIT 5. 67,- , . . . , / DR, ITAT, MUMBAI 6. 789: / GUARD FILE. BY ORDER, //TRUE COPY// ( DY./ASSTT. REGISTRAR) ITAT, MUMBAI