ACIT- 27 (3), MUMBAI V. VIKAS TESTING & DEVELOPMENT LABORATORY, MUMBAI

ITA 5711/MUM/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 9423 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 11 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-09-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2009-2010
• Appeal Filed On: 04-10-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 143(3); 250; 254(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI S RIFAUR RAHMAN, ACCOUNTANT MEMBER & SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER ITA No.5711/Mum/2018 (A.Y: 2009-10) ACIT – 27(3) R.No. 423, 4 th Floor, Tower No. 6, Vashi Railway Station, Vashi, Navi Mumbai – 400703. Vs. M/s. Vikas Testing & Development Laboratory A-10, Sidhpura Industrial Estate, LBS Marg, Ghatkopar (W), Mumbai – 400 086. सं./ज आइआर सं./PAN/GIR No. : AAAFV0798E Appellant .. Respondent Appellant by : None Respondent by : Shri S.N. Kabra. DR Date of Hearing 14.09.2021 Date of Pronouncement 15.09.2021 आद श / O R D E R PER PAVAN KUMAR GADALE JM: The assessee has filed the appeal against the order of the Commissioner of Income Tax (Appeals)-25, Mumbai passed u/s 143(3) r.w.s 147 and 250 of the Income Tax Act, 1961. 2. At the time hearing, none appeared on behalf of the assessee, we find that the assessee has submitted a letter dated 11 September 2021 mentioning that the ITA No. 5711/Mum/2018 M/s Vikas Testing & Devp Laboratory, Mumbai - 2 - assessee intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’ (VSVS2020) and received Form 5 under VSVS Rules 2020. Contra, the Ld. DR has no objections. 3. We heard the Ld. DR and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and received Form-5 from the income tax department. We are of the view that, no purpose will be served in keeping the appeal pending. Accordingly, we dismiss the appeal of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order as per provisions of Law. 4. In the result, the appeal filed by the assessee is dismissed. Order pronounced in the open court on 15.09.2021. Sd/- Sd/- (S RIFAUR RAHMAN) (PAVAN KUMAR GADALE) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai, Dated 15.09.2021 KRK, PS ITA No. 5711/Mum/2018 M/s Vikas Testing & Devp Laboratory, Mumbai - 3 - /Copy of the Order forwarded to : 1. / The Appellant 2. / The Respondent. 3. सं ं आ र आ / The CIT(A) 4. आ र आ ( ) / Concerned CIT 5. "#$ % & &' , आ र ) र*, हमद द / DR, ITAT, Mumbai 6. % -. / 0 / Guard file. ान ु सार/ BY ORDER, स " & //True Copy// 1. ( Asst. Registrar) ITAT, Mumbai