NIMISH MUNIM, MUMBAI V. ASSISTANT COMMISSIONER OF INCOME TAX 14(3), MUMBAI

ITA 5470/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3788 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: misc
• Appeal Filed On: 22-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY J SETHI
• Assessee Lawyers: PARIKSHIT DESAI
• Keywords: Block assessment

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC, MUMBAI , BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER . 5470 //2019 (. . 1991-92 TO 10.05.2001 ) ITA NO.5470/MUM/2019 (BLOCK A.Y.1991-92 TO 10.05.20 01) NIMISH MUNIM PLOT NO. 12, 3 RD FLOOR, SETHI DHAM, PLOT NO. 726, 11 TH ROAD, KHAR, MUMBAI. MUMBAI-400004. PAN: AAEPM3783G ...... ) / APPELLANT VS. ACIT 14(3)(2) AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020. ..... *,/ RESPONDENT ) -/ APPELLANT BY : SH. PARIKSHIT DESAI *, -/ 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)-22, MUMBAI [HE REINAFTER REFERRED TO AS THE CIT(A)] DATED 30/05/2019 FOR THE BLOCK ASSESS MENT YEAR 1991-92 TO 10.05.2001. 2 . 5470 //2019 (. .1991-92 TO 10.05.2019 ) ITA NO.5470/MUM/2019 (A.Y.1991-92 TO 10.05.2019) 2. A LETTER DATED 29/05/2021 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. 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 BLOCK ASSESSMENT YEARS HAS BE EN ACCEPTED 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 IN VIEW OF ABOVE, THE APPEAL BY ASSESSEE IS DISMISSED AS WITHDRAWN.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 3 . 5470 //2019 (. .1991-92 TO 10.05.2019 ) ITA NO.5470/MUM/2019 (A.Y.1991-92 TO 10.05.2019) 5. * , . . . , / DR, ITAT, MUMBAI 6. 9 / GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI