INCOME TAX OFFICER 17(2)(1), MUMBAI V. M/S. ISHARDAS AGGARWAL & SONS, MUMBAI

ITA 5589/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2643 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-04-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2009-2010
• Appeal Filed On: 28-08-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SMITA VERMALD
• Assessee Lawyers: VIMAL PUNAMIYA LD

Judgement Text

1 - IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI , , BEFORE HONBLE SHRI SAKTIJIT DEY, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.5589/MUM/2019 ( / ASSESSMENT YEAR: 2009-10) ITO - 17(2)(1) ROOM NO.115, KAUTILYA BHAVAN BANDRA KURLA COMPLEX MUMBAI 400 051. / VS. M/S. ISHARDAS AGGARWAL & SONS 390, LATIF HOUSE, S.T. ROAD MUMBAI-400 009. $% # ./ # ./PAN/GIR NO. AABFI-2423-E ( ' %' /APPELLANT ) : ( ()%' / RESPONDENT ) ASSESSEE BY : SHRI VIMAL PUNAMIYA-LD. AR REVENUE BY : MS. SMITA VERMA LD. SR. DR / DATE OF HEARING : 25/03/2021 / DATE OF PRONOUNCEMENT : 05/04/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE LD. AR SUBMITTED THAT THE REVENUES APPEAL H AS BECOME INFRUCTUOUS IN VIEW OF THE FACT THAT THE ASSESSEE H AS ALREADY OPTED FOR SETTLEMENT OF DISPUTE FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020. THE LD. DR COULD NOT CONTROVERT THE SAME. 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 2 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 05 TH APRIL, 2021 SD/- SD/- (SAKTIJIT DEY) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 05/04/2021 SR.PS, JAISY VARGHESE ! / COPY OF THE ORDER FORWARDED TO : 1. ' %'/ THE APPELLANT 2. ()%'/ THE RESPONDENT 3. !! (' ) / THE CIT(A) 4. !! / CIT CONCERNED 5. YZ ([, !' [, / DR, ITAT, M UMBAI 6. Z]_ / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.