M/S SHANTILAL S JAIN (HUF), MUMBAI V. ITO 19(3)(3), MUMBAI

ITA 537/MUM/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 1229 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 2 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2010-2011
• Appeal Filed On: 23-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: LETTER DATED SHRI SUSHIL KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI BEFORE SHRI PRAMOD KUMAR, VP AND SHRI AMARJIT SINGH, JM / I .T.A. NO. 537 / MUM/ 20 20 ( / ASSESSMENT YEAR: 20 1 0 - 1 1 ) M/S. SHANTILAL JAIN (HUF) PROPRIETOR OF SUNDESHWAR STEEL I NDUSTRIES 34, 3 RD FLOOR, HINGLAJ BHAWAN, 36/40, GULALWADI, MUMBAI - 400006 . / VS. THE ITO - 19(3)(3) ROOM NO.219, MATRU MANDIR, TARDEO ROAD, MUMBAI - 400007. ./ ./ PAN/GIR NO. : AAJHS 3452 D ( / APPELLANT ) .. ( / RESPO NDENT ) / DATE OF HEARING: 09 / 0 4 / 20 2 1 /DATE OF PRONOUNCEMENT: 09 / 0 4 / 20 21 / O R D E R PER BENCH : 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE PRAYER SO MADE BY THE ASSES SEE. 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRELY OF THE CASE, WE DEEM IT FIT AND PROPER TO DI SMISS THE APPEAL AS WITHDRAWN. ASSESSEE BY : LETTER DATED 19 .03.2021 REVENUE BY: SHRI SUSHIL KUMAR MISHRA ( D R) ITA NO. 537 /M UM /20 20 A.Y.20 10 - 11 2 5 . IN THE RESULT, THE A PPEAL IS DISMISSED AS WITHDRAWN . PRONOUNCED IN THE OPEN COURT TODAY ON THE 09 /04/ 2021 SD/ - SD / - ( PRAMOD KUMAR) (AMARJIT SINGH) / VICE PRESIDENT / JUDICIAL MEMBER MUMBAI; DATED : 09 / 0 4 / 202 1 V IJAY PAL SINGH /SR.PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPEL LANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE. / BY ORDER, //TRUE COPY// / /(DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI