TRADE INTERNATIONAL , Mumbai V. ACIT 17(3), Mumbai

ITA 4718/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7655 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 12-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIJAY KUMAR MENON
• Section: 143(3); 201

Judgement Text

ITA NO.4718/MUM/2019 A.Y.2013 - 14 TRADE INTERNATIONAL VS. ACIT - 17(3) 1 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH E MUMBAI BEFORE SHRI SHAMIM YAHYA (ACCOUNTANT MEMBER) AND SHRI RAVISH SOOD (JUDICIAL MEMBER) ITA NO. 4718/MUM/2019 (ASSESSMENT YEAR: 201 3 - 14 ) TRADE INTERNATIONAL 4 TH FLOOR, RAJ CHAMBERS, BROACH STREET, MASJID (EAST), MUMBAI 400009 VS. AS ST. COMMISSIONER OF INCOME - TAX - 17(3 ), ROOM NO. 137 , AAYKAR BHAVAN, M.K ROAD, CHURCHGATE, MUMBAI 400 020. PAN NO. AAAFT0080B (ASSESSEE) (REVENUE) ASSESSEE BY : NONE REVENUE BY : SHRI VIJAY KUMAR MENON , D.R DATE OF HEARING : 14 /01/2021 DAT E OF PRONOUNCEMENT : 14 /01/2021 ORDER PER RAVISH SOOD, J.M: THE PRESENT APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST T HE ORDER PASSED BY THE CIT(A) - 28 , MUMBAI DATED 06.05.2019 , WHICH IN TURN ARISES FROM THE ASSESSMENT ORDER PASSED U/S 143(3) R.W.S 147 OF THE INCOME - TAX ACT, 1 961 FOR THE ASSESSMENT YEAR 2013 - 14 . 2. THE ASSESSEE HAS FILED A LETTER DATED 23.12.2020, WHEREIN IT IS STATED TH AT AS IT HAD OPTED FOR THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 ( 3 OF 2020) AND HAS BEEN ISSUED FORM 3 , DATED 10.12.2020 BY THE PRINCIPAL CIT - 17, MUMBAI, THEREFORE, IT SEEKS TO WITHDRAW THE APPEAL. 3. THE LD. D.R ON BEING CONFRONTED WITH THE SAID FACT UAL POSITION DID NOT RAISE ANY OBJECTION. 4. IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL AS WITHDRAWN . 5. RESULTANTLY, THE APPEAL IS DISMISSED AS WITHDRAWN IN TERMS OF OUR OBSERVATION S RECORDED HEREINABOVE. ORDER PR O NOUNCED IN THE OPEN COURT ON 14 /01/2021. SD/ - SD/ - ( SHAMI M YAHYA ) (RAVISH SOOD) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI ; DATED: 14 .01.2021 ITA NO.4718/MUM/2019 A.Y.2013 - 14 TRADE INTERNATIONAL VS. ACIT - 17(3) 2 PS: ROHIT COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A) - 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE . BY ORDER, //TRUE COPY// (SR. PRIVATE SECRETARY) ITAT, MUMBAI