DEPUTY COMMISSIONER OF INCOME TAX-14(2)(1), MUMBAI V. M/S JUPITER INTEGRATED SENSOR SYSTEMS PVT. LTD, MUMBAI

ITA 5255/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4061 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-06-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2010-2011
• Appeal Filed On: 09-08-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: USHA GAIKWADLD
• Assessee Lawyers: BHARAT SHAH LD

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL F BENCH, MUMBAI , , BEFORE HONBLE SHRI SAKTIJIT DEY, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.5255/MUM/2019 ( / ASSESSMENT YEAR: 2010-11) DCIT - 1 4(2)(1) ROOM NO.432, 4 TH FLOOR AAYKAR BHAVAN, M.K. ROAD MARINE LINES, MUMBAI-400 020 / VS. M/S. JUP ITER INTEGRATED SENSOR SYSTEMS PVT. LTD. G-414-416, KAILASH INDUSTRIAL COMPLEX NEAR DYNALOG, BEHIND GODREJ COLONY PARKSITE, VIKROLI (W), MUMBAI-400 079 PAN NO. : AABCJ - 7018 - B ( '# /APPELLANT ) : ( $%'# / RESPONDENT ) ASSESSEE BY : SHRI BHARAT SHAH- LD. AR REVENUE BY : MS USHA GAIKWAD LD. SR. DR / DATE OF HEARING : 20/05/2021 / DATE OF PRONOUNCEMENT : 01/06/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE LD. AR SUBMITTED THAT THE ASSESSEE HAS ALREA DY OPTED FOR SETTLEMENT OF DISPUTE FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020. THE COPIES OF FORM NOS. 1 TO 4 AS WELL AS THE COPY OF PAYMENT CHALLAN HAVE BEEN PLACED ON REC ORD. THE LD. DR COULD NOT CONTROVERT THE FACT THAT THE REVENUES AP PEAL HAS BECOME INFRUCTUOUS. 2 2. IN VIEW OF FOREGOING, THE REVENUES APPEAL STAND DISMISSED AS INFRUCTUOUS WITH A LIBERTY TO REVENUE TO SEEK RESTO RATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHE ME IS NOT ACCEPTED, FOR WHATEVER REASONS. 3. THE APPEAL STAND DISMISSED AS INFRUCTUOUS. ORDER PRONOUNCED ON 01 ST JUNE, 2021 SD/- SD/- (SAKTIJIT DEY) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 01/06/2021 SR.PS, JAISY VARGHESE !'#$ # / COPY OF THE ORDER FORWARDED TO : 1. '# / THE APPELLANT 2. $%'# / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. + ,$- , - , / DR, ITAT, MUMBAI 6. , ./0 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.