KAMLESH GHEWARCHAND BHANDARI HUF, MUMBAI V. ITO-19(2)(2), MUMBAI

ITA 5174/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3787 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 07-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY J SETHI
• Assessee Lawyers: DARSHI KHICHA
• Section: 22

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC, MUMBAI , BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER . 5174 //2019 (. . 2014-15 ) ITA NO.5174/MUM/2019 (A.Y.2014-15) KAMLESH GHEWARCHAND BHANDARI HUF 3 RD FLOOR, ROOM NO. 22 & 23, 32, DHIRAJ BHAVAN, SINDHI LANE, MUMBAI-400004. PAN: AAIHK4797C ...... ) / APPELLANT VS. ITO 19(2)(2) ROOM NO. 214, 2 ND FLOOR, MATRU MANDIR, TARDEO ROAD, MUMBAI-400007. ..... *,/ RESPONDENT ) -/ APPELLANT BY : SH. DARSHI KHICHA *, -/ RESPONDENT BY : SH. SANJAY J. SETHI . / DATE OF HEARING : 01/06/2021 . / DATE OF PRONOUNCEMENT : 01/06/2021 / ORDER PER VIKAS AWASTHY, J.M: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-7, MUMBAI [HER EINAFTER REFERRED TO AS THE CIT(A)] DATED 18/07/2019 FOR THE ASSESSMENT Y EAR 2014-15. 2. A LETTER DATED 31/05/2021 HAS BEEN RECEIVED FRO M THE ASSESSEE STATING THAT THE ASSESSEE HAS OPTED FOR VIWAD SE VISHWAS S CHEME, 2020( IN SHORT VSVS) AND HENCE, WANT TO WITHDRAW THE APPEAL. 2 . 5174 //2019 (. .2014-15 ) ITA NO.5174/MUM/2019 (A.Y.2014-15) 3. SHRI SANJAY J. SETHI REPRESENTING THE DEPARTMEN T STATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANTS T O WITHDRAW APPEAL TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSESS EES DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEAR HAS BEEN ACCE PTED AND THE DESIGNATED AUTHORITY HAS ISSUED FORM-3. IN VIEW OF ABOVE, THE APPEAL BY ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON TUESDAY , THE 1 ST DAY OF JUNE, 2021. SD/- (VIKAS AWASTHY) / JUDICIAL MEMBER / MUMBAI, 3/ DATED: 01/06/2021 SK, PS * 4 * 4 * 4 * 4 COPY OF THE ORDER FORWARDED TO : 1. ) / THE APPELLANT , 2. *, / THE RESPONDENT. 3. 5 ( )/ THE CIT(A)- 4. 5 CIT 5. * , . . . , / DR, ITAT, MUMBAI 6. 9 / GUARD FILE. 3 . 5174 //2019 (. .2014-15 ) ITA NO.5174/MUM/2019 (A.Y.2014-15) BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI