SIDDHESH CAPITAL MARKET SEVICES PRIVATE LIMITED , MUMBAI V. DCIT, CIRCLE-3(3)(1), MUMBAI

ITA 5614/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2392 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2016-2017
• Appeal Filed On: 29-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SONAKSHI KOTHARI
• Section: 201; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL , G BENCH MUMBAI BEFORE : SHRI MAHAVIR SINGH, VICE PRESIDENT & SHRI M.BALAGANESH, A CCOUNTANT M EMBER ITA NO. 5614 /MUM/ 20 19 ( ASSESSMENT YEAR : 201 6 - 1 7 ) M/S. SIDDHESH CAPITAL MARKET SERVICES PVT. LTD., 122, MAKER CHAMBERS III NARIMAN POINT, MUMBAI 400 021 VS. DY. COMMISSIONER OF INCOME TAX CIRCLE 3(3)(1) AAYAKAR BHAVAN, M.K.ROAD, MUMBAI 400 020 PAN/GIR NO. AACCS4582N (APPELLANT ) .. (RESPONDENT ) ASSESSEE BY SHRI SONAKSHI KOTHARI REVENUE BY SHR I T.S. KHALSA DATE OF HEARING 14 / 06 /202 1 DATE OF PRONOUNCEMENT 14 / 06 /202 1 / O R D E R PER M. BALAGANESH (A.M) : THIS APPEAL IN ITA NO. 5614/MUM/2019 FOR A.Y. 2016 - 17 ARISES OUT OF THE ORDER BY THE LD. COMMISSIONER OF INCOME TAX (APPEALS) - 8, MUMBAI IN APPEAL NO. CIT(A) - 8/10015/2018 - 19 DATED 23/07/2019 (LD. CIT(A) IN SHORT) AGAINST THE ORDER OF ASSESSMENT PASSED U/S.143(3) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT) DATED 22/03/2018 BY THE LD. DY. COMMISSIONER OF INCOME TAX, CIRCLE 3(3)(1), MUMBAI (HEREINAFTER REFERRED TO AS LD. AO). ITA NO . 5614/MUM/2019 M/S. SIDDHESH CAPITAL MARKET SERVICES PVT. LTD., 2 2. WE FIND THAT THE LD. AR FILED A LETTER DATED 12 TH JUNE 2021 MENTIONING THAT ASSESSEE HAD PREFERRED AN APPLICATION UNDER DIRECT TAX VIVAD SE VISWAS SCHEME 2020 TO SETTLE THIS TAX DISPUTE FOR THE YEAR UNDER CONSIDERATION AND HAD OBTAINED FORM - 5 FROM THE DESIGNATED AUTHORITY THEREON, COPY OF WHICH WAS ENCLOSED ALONGWITH THIS LETTER. LD. DR ALSO AGREED THAT THE FORM - 5 HAS BEEN RECEIVED. 3. IN VIEW OF T HIS, WE HEREBY DISMISS THE APPE AL PENDING BEFORE US . 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN . ORDER PRONOUNCED ON 14 / 06 /202 1 BY WAY OF PROPER MENTIONING IN THE NOTICE BOARD. SD/ - ( MAHAVIR SINGH ) SD/ - (M.BALAGANE SH) VICE PRESIDENT ACCOUNTANT MEMBER MUMBAI ; DATED 14 / 06 / 2021 KARUNA , SR.PS ITA NO . 5614/MUM/2019 M/S. SIDDHESH CAPITAL MARKET SERVICES PVT. LTD., 3 COPY OF THE ORDER FORWARDED TO : BY ORDER, ( ASSTT. REGISTRAR) ITAT, MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//