ACIT 4(2)(2), MUMBAI V. MUKUND VALLABHDAS THAKKER, MUMBAI

ITA 4517/MUM/2016

• Counselvise Citation: [2018] 121 COUNSELVISE.COM (IT) 7563 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-04-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2012-2013
• Appeal Filed On: 01-07-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SAURABH KUMAR RAI LD
• Assessee Lawyers: RAJIV KHANDELWALLD
• Section: 143(3); 2

Judgement Text

ITA NO.4517/MUM/2016 MUKUND VALLABHDAS THAKKAR ASSESSMENT YEAR 2012-13 IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH, MUMBAI , , BEFORE SHRI SAKTIJIT DEY, JM AND SHRI MANOJ KUMAR AGGARWAL, AM ./I.T.A. NO.4517/MUM/2016 ( / ASSESSMENT YEAR: 2012-13) ASSISTANT COMMISSIONER OF INCOME TAX -4(2)(2) ROOM NO.640,6 TH FLOOR AAYKAR BHAVAN,M.K.ROAD MUMBAI-400 020 / VS. MUKUND VALLABHDAS THAKKAR 71,KAMAL,69 WALKESHWAR ROAD,WALKESHWAR MUMBAI-400 006 !' ./ ./ PAN/GIR NO.AAAPT-3952-A ( '$ /APPELLANT ) : ( %&'$ / RESPONDENT ) REVENUE BY : SAURABH KUMAR RAI, LD.DR ASSESSEE BY : RAJIV KHANDELWAL,LD.AR / DATE OF HEARING : 05/04/2018 / DATE OF PRONOUNCEMENT : 05/04/2018 / O R D E R PER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE CAPTIONED APPEAL BY REVENUE FOR ASSESSMENT YEAR [AY] 2012-13 CONTEST THE ORDER OF THE LD. COMMISSIONER OF INCOME -TAX (APPEALS)-9 [CIT(A)], MUMBAI, APPEAL NO.CIT(A)-9/CIR.4/423/2014-15 DATED 18/03/2016 QUA DELETION OF CERTAIN ADDITIONS AMOUNTING TO RS.41.66 LACS U/S 2(22)(E). 2 ITA NO.4517/MUM/2016 MUKUND VALLABHDAS THAKKAR ASSESSMENT YEAR 2012-13 THE ASSESSMENT FOR IMPUGNED AY WAS FRAMED BY LD. DEPUTY COMMISSIONER OF INCOME TAX-4(2)(2),MUMBAI [AO] U/S 143(3) OF THE INCOME TAX ACT,1961. 2. THE LD. DEPARTMENTAL REPRESENTATIVE, AT THE OUTS ET, PLACED ON RECORD LETTER NO. DCIT 4(2)(2)/APPEAL/2017-18 DATED 26/03/2018 ISSUED BY LD. DEPUTY COMMISSIONER OF INCOME TAX-4(2)(2) SEEKING WITHDRAWAL OF THE CAPTIONED APPEAL IN VIEW OF CERTAIN FACTUAL FINDING S BY THE LOWER AUTHORITIES. THE LD. AR RAISED NO OBJECTION AGAINST THE SAME. 3. IN VIEW OF THE ABOVE STATED POSITION, THE REVENU E IS PERMITTED TO WITHDRAW THE SAID APPEAL AND THEREFORE THE APPEAL STANDS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 05 TH APRIL, 2018. SD/- SD/- (SAKTIJIT DEY) (MANOJ KUMAR A GGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 05. 04.2018 SR.PS:- THIRUMALESH ! / COPY OF THE ORDER FORWARDED TO : 1. '$ / THE APPELLANT 2. %&'$ / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. %- , - , / DR, ITAT, MUMBAI 6. ./ / GUARD FILE / BY ORDER, / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI