NVS BROKERAGE PVT LTD, Mumbai V. ITO 4 (2)(1), Mumbai

ITA 5715/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4966 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2004-2005
• Appeal Filed On: 05-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: THARIENOOMMEN

Judgement Text

1 ITA NO. 5715/MUM/2019 IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, MUMBAI BEFORE SHRI PRAMOD KUMAR (VICE PRESIDENT) AND SHRI SAKTIJIT DEY (JUDICIAL MEMBER) I.T.A. NO. 5715 /MUM/2019 (ASSESSMENT YEAR 20 0 4 - 0 5) NVS BROKERAGE PVT LTD 1 AND 1A, 3 RD FLOOR, BIRLA MANSION 134, NAGINDAS MASTER ROAD MUMBAI - 23 PAN : AAACN9184H VS ITO 4(2)(1), MUMBAI APPELLANT RESPONDENT APPELLANT BY LETTER DATED 08.03.2021 RESPONDENT BY SHRI THARIENOOMMEN (DR) DATE OF HEARING 05 - 0 4 - 2021 DATE OF PRONOUNCEMENT 05 - 04 - 2021 O R D E R PER SAKTIJIT DEY, JM: THIS IS AN APPEAL BY THE ASSESSEE AGAINST ORDER DATED 16 - 0 8 - 2019 OF L EARNED COMMISSIONER OF INCOME - TAX (APPEALS) - 9 , MUMBAI FOR THE ASSESSMENT YEAR 20 0 4 - 0 5. 2. THE ASSESSEE, VIDE LETTER DATED 08 - 03 - 2021 HAS INFORMED THAT ASSESSEE HAS OPTE D FOR SETTLING THE DISPUTE ARISING IN THIS APPEAL UNDER THE DIRECT TAX VIVADH SE VISHWAS ACT, 2020 AND THE DEPARTMENT HAS ACCEPTED THE SAME BY ISSUING FORM 3. THEREFORE, A REQUEST HAS BEEN MADE ON BEHALF OF THE ASSESSEE TO WITHDRAW THE 2 ITA NO. 5715/MUM/2019 APPEAL . THE LEARNED D EPARTMENTAL R EPRESENTATIVE HAS NO OBJECTION TO THE AFORESAID REQUEST OF THE ASSESSEE. 3. IN VIEW OF THE FACTS DISCUSSED ABOVE AND CONSIDERING ASSESSEES REQUEST, WE PERMIT THE ASSESSEE TO WITHDRAW THE PRESENT APPEAL. ACCORDINGLY, APPEAL IS DISMISSED AS WITHDRAWN. 4 . IN THE RESULT, APPEAL IS DISMISSED. ORDER PRONOUNCED ON 05 /04/2021. S D / - S D / - PRAMOD KUMAR SAKTIJIT DEY VICE PRESIDENT JUDICIAL MEMBER MUMBAI, DT : 05 /04/2021 PAVANAN COPY TO : 1. APPELLANT 2. RESPONDENT 3. THE CIT CONCERNED 4. THE CIT(A) 5. THE DR, ITAT, MUMBAI 6. GUARD FILE BY ORDER ASSTT. REGISTRAR, ITAT, MUMBAI 3 ITA NO. 5715/MUM/2019