SRICHAND V. GORWANI, MUMBAI V. ITO 19(1)(2), MUMBAI

ITA 5517/MUM/2009

• Counselvise Citation: [2010] 136 COUNSELVISE.COM (IT) 1172 (ITAT-MUMBAI)
• Duration Of Justice: 9 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-07-2010
• Appeal Filed By: Assessee
• Bench Allotted: I
• Assessment Year: 2005-2006
• Appeal Filed On: 08-10-2009
• Court: TRIBUNAL
• Department Lawyers: SHRAVAN KUMAR
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH I BEFORE SHRI N.V. VASUDEVAN (JM) & RAJENDRA SINGH(AM ) I.T.A.NO. 5517/MUM/2009 (ASSESSMENT YEAR : 2005-0 6) SHRI SRICHAND V. GORWANI 11, BRINDAVAN APARTMENTS 16 TH CROSS ROAD KHAR WEST MUMBAI-400 052. VS. ITO 19(1)(2) PIRAMAL CHAMBER LALBAUG MUMBAI-400 013. APPELLANT RESPONDENT PAN/GIR NO. : AAKPG9100F ASSESSEE BY : SHRI JITENDRA JAIN DEPARTMENT BY : SHRI SHRAVAN KUMAR ORDER PER N.V. VASUDEVAN, JM :- THIS IS AN APPEAL BY THE ASSESSEE AGAINST THE ORDE R DATED 1.7.2009 OF LEARNED CIT(A)-XX, MUMBAI RELATING TO A.Y. 2005- 06. 2. AT THE TIME OF HEARING OF THIS APPEAL, ASSESSEE HAS FILED A LETTER WHICH READS AS FOLLOWS :- I HAD FILED ABOVE APPEAL ON OCTOBER, 2009. I AM A SENIOR CITIZEN AGED 70 YEARS AND AM IN THE EVENING OF MY LIFE. I A M RETIRED AND KEEP VERY IN DIFFERENT HEALTH. I AM INFORMED BY MY COUNSEL THAT I HAVE VERY GOOD ARGUABLE CASE BUT IT IS LIKELY TO BE FURTHER CHALLENGED BY THE DEPARTMENT EVEN IF I SUCCEED. AS THE TAX EFFECT IS ONLY RS. 3,00,000/-, WHICH I HAVE LONG BACK PAID UP AND I HAVE NO FURTHER WISH TO FACE PROTRACTED AND COSTLY LITIGATI ON I HUMBLY SUBMIT THAT I MAY PLEASE BE ALLOWED TO WITHDRAW THE ABOVE APPEAL AND OBLIGE. SHRI SRICHAND V. GORWANI 2 3. REQUEST OF THE ASSESSEE IS ACCEPTED AND THE APPE AL IS DISMISSED AS WITHDRAWN. ORDER HAS BEEN PRONOUNCED ON 9 TH DAY OF JULY, 2010. SD/- (RAJENDRA SINGH) ACCOUNTANT MEMBER SD/- (N.V. VASUDEVAN) JUDICIAL MEMBER DATED : 9 TH JULY, 2010 COPY TO : 1. THE ASSESSEE 2. THE RESPONDENT 3. THE CIT(A)-CONCERNED. 4. THE CIT, CONCERNED. 5. THE DR CONCERNED, MUMBAI 6. GUARD FILE BY ORDER TRUE COPY ASSTT. REGISTRAR, ITAT, MUMBAI PS