BLUE FIN FROZEN FOODS PVT. LTD. , MUMBAI V. ACIT-9(2)(1), MUMBAI

ITA 5336/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3594 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2016-2017
• Appeal Filed On: 14-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: THARIAN OOMMEN LD
• Assessee Lawyers: FIRDAUS TARACHANDLD
• Section: 143(3); 20

Judgement Text

ITA NO.5336/MUM/2019 BLUE FIN FROZEN FOODS PVT.LTD. ASSESSMENT YEAR: 2016-17 1 IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, MUMBAI , , BEFORE HONBLE SHRI MANOJ KUMAR AGGARWAL, AM AND HONBLE SHRI RAVISH SOOD, JM ./ I.T.A. NO.5336/MUM/2019 ( / ASSESSMENT YEAR: 2016-17) BLUE FIN FROZEN FOODS PVT.LTD. D-2, MEDLEY HOUSE, 16 TH ROAD MIDC AREA, ANDHERI (EAST) MUMBAI-400 093 / VS. ACIT - 9(2)(1) AAYKAR BHAWAN, M.K.ROAD MUMBAI-400 020 ./ ./PAN/GIR NO. AADCB-6509-M ( ' /APPELLANT ) : ( #$ ' / RESPONDENT ) A SSESSEE BY : SHRI FIRDAUS TARACHAND-LD.AR REVENUE BY : SHRI THARIAN OOMMEN- LD. DR / DATE OF HEARING : 17/02/2021 / DATE OF PRONOUNCEMENT : 17/02/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2016-17 CONTEST THE ORDER OF LEARNED FIRST APPELLATE AUTHOR ITY ON CERTAIN GROUNDS OF APPEAL. THE ASSESSMENT FOR THE YEAR UNDE R CONSIDERATION WAS FRAMED BY LD. AO U/S 143(3) ON 20 /12/2018. 2. THE LEARNED COUNSEL FOR ASSESSEE, AT THE OUTSET, PLACED ON RECORD LETTER DATED 03/02/2021 TO SUBMIT THAT THE A SSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE UNDER DIREC T TAX VIVAD SE ITA NO.5336/MUM/2019 BLUE FIN FROZEN FOODS PVT.LTD. ASSESSMENT YEAR: 2016-17 2 VISHWAS SCHEME (VVS SCHEME), 2020 FOR THE YEAR UNDER CONSIDERATION AND FORM NO.3 HAS BEEN ISSUED BY APPR OPRIATE AUTHORITY. ACCORDINGLY, A PLEA HAS BEEN RAISED SEEK ING WITHDRAWAL OF THE APPEAL. THE LD. DR DID NOT OBJECT TO THE SAM E. 3. IN VIEW OF FOREGOING, THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTOR ATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDE R THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 17 TH FEBRUARY, 2021. SD/- SD/- (RAVISH SOOD) (M ANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 17/02/2021 SR.PS, KASARLA 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. -/01 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.