POLYFIBRE INDUSTRIES PVT LTD, MUMBAI V. DCIT 3 (2)(3), MUMBAI

ITA 4434/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 9401 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2013-2014
• Appeal Filed On: 28-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY SETHILD

Judgement Text

ITA NO.4434/MUM/2019 POLYFIBRE INDUSTRIES P. LTD. ASSESSMENT YEAR: 2013-14 1 - IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI , , BEFORE HONBLE SHRI AMARJIT SINGH, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.4434/MUM/2019 ( / ASSESSMENT YEAR: 2013-14) POLYFIBRE INDUSTRIES PVT. LTD. 82, 8 TH FLOOR, MAKER CHAMBERS III, NARIMAN POINT, MUMBAI-400 021 / VS. DCIT - 3(2)(2) AAYKAR BHAVAN, M.K. ROAD, MUMBAI-400 020 '# ./ ./PAN/GIR NO. AAACP-9550-B ( ! #% /APPELLANT ) : ( &'#% / RESPONDENT ) ASSESSEE BY : WITHDRAWAL LETTER DATED. 19/12/2020 REVENUE BY : SHRI SANJAY SETHI-LD. DR / DATE OF HEARING : 24/12/2020 / DATE OF PRONOUNCEMENT : 04/01/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2013-14, CONTESTS THE ORDER OF LEARNED FIRST APPELLATE AUTHO RITY ON CERTAIN GROUNDS OF APPEAL. 2. THE REGISTRY HAS PLACED ON RECORD ASSESSEES LET TER DATED 19/12/2020 WHEREIN IT HAS BEEN SUBMITTED THAT THE A SSESSEE HAS ALREADY OPTED FOR VIVAD SE VISHWAS SCHEME (VVS SCHEME) AND FILED FORM NO.1 & 2. THE LD. DR DID NOT OBJECT TO T HE SAME. ITA NO.4434/MUM/2019 POLYFIBRE INDUSTRIES P. LTD. ASSESSMENT YEAR: 2013-14 2 3. ACCORDINGLY, THE APPEAL STANDS DISMISSED AS WITH DRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF THIS APP EAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 04 TH JANUARY, 2021. SD/- SD/- /- (AMARJIT SINGH) (MANO J KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 04/01/2021 S R.PS, SUDIP SARKAR/SR.PS, JAISY VARGHESE / COPY OF THE ORDER FORWARDED TO : 1. ! #% / THE APPELLANT 2. &'#% / THE RESPONDENT 3. - ( ! ) / THE CIT(A) 4. - / CIT CONCERNED 5. ./ & 0 , ! 0 , / DR, ITAT, MUMBAI 6. /123 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.