NANDIKA MULTITRADE PVT LTD, MUMBAI V. ITO 10(3)(1), MUMBAI

ITA 488/MUM/2020

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4938 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 8 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 20-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: THARIAN OOMMEN
• Assessee Lawyers: WITHDRAWAL LETTER DATED NIL

Judgement Text

ITA NO.488/MUM/2020 ASSESSMENT YEAR: 2010-11 PAGE 1 OF 3 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI B BENCH, MUMBAI [CORAM: PRAMOD KUMAR (VICE PRESIDENT) AND RAVISH SOOD (JUDICIAL MEMBER)] ITA NO. 488/MUM/2020 ASSESSMENT YEAR: 2010-11 NANDIKA MULTITRADE PRIVATE LIMITED .APP ELLANT OM SADAN, MEHRA ESTATE, L.B.S. ROAD, VIKHROLI (E), MUMBAI-400 079 [PAN: AACCN 9519 Q] VS INCOME-TAX OFFICER CIRCLE--10(3)(1), MUMBAI ..........RESPO NDENT APPEARANCES BY WITHDRAWAL LETTER DATED NIL FOR THE APPELLANT THARIAN OOMMEN FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING : SEPTEMBER. 22, 202 1 DATE OF PRONOUNCEMENT : SEPTEMBER 29, 2021 ORDER PER PRAMOD KUMAR, VP: 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAW AL OF THE APPEAL AND THE ASSESSEE HAS ALSO FILED FORM NOS. 1, 2 AND 3, ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPP OSE THE PRAYER SO MADE BY THE ASSESSEE. 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESO LVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAW N. ITA NO.488/MUM/2020 ASSESSMENT YEAR: 2010-11 PAGE 2 OF 3 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING I N MIND ENTIRETY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE APPEAL AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDR AWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 29 TH DAY OF SEPTEMBER, 2021. SD/- SD/- RAVISH SOOD PRAMOD KUMAR (JUDICIAL MEMBER) (VICE PRESIDENT) MUMBAI, DATED THE 29 TH DAY OF SEPTEMBER, 2021 ROSHANI, SR. PS COPIES TO: (1) THE APPLICANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR/SR. PS INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI