SUMITOMO CHEMICAL INDIA P.LTD, MUMBAI V. ASST CIT CIR 1(3)(1), MUMBAI

ITA 5764/MUM/2015

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3933 (ITAT-MUMBAI)
• Duration Of Justice: 5 year(s) 4 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2011-2012
• Appeal Filed On: 23-12-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T S KHALSA
• Assessee Lawyers: HARSH S HAH AR LETTER DATED
• Section: 195; 201; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES J , MUMBAI BEFORE SHRI PRAMOD KUMAR , HONBLE VICE PRESIDENT AND SHRI SAKTIJIT DEY , HONBLE JUDICIAL MEMBER ITA NO. 5764/MUM/2015 ASSESSMENT Y EAR: 2011 - 12 & IT (TP) A NO. 2779/MUM/20 17 ASSESSMENT Y EAR: 2012 - 13 SUMITOMO CHEMICAL INDIA PRIVATE LIMTIED, 7 TH FLOOR, MOTI MAHAL, 195 J, TATA ROAD, CHURCHGATE, MUMBAI - 400020 PAN: AAECS3750L VS. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1 (3) (1), AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020 (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI HARSH S HAH (AR) ( LETTER DATED 10.05 .2021) REVENUE BY : SHRI T. S. KHALSA (DR ) DATE OF HEARING : 21 /05 /202 1 DATE OF PRON OUNCEMENT: 21 / 0 5 /202 1 O R D E R PER SAKTIJIT DEY , JM CAPTIONED APPEALS BY THE ASSESSEE ARISE OUT OF FINAL ASSESSMENT ORDER S PASSED IN P URSUANCE TO THE DIRECTIONS OF LEARNED DISPUTE RESOLUTION PANEL (DRP) FOR THE ASSESSMENT YEARS 2011 - 12 AND 2012 - 13. 2. ON INSTR UCTIONS OF THE ASSESSEE, THE LEARNED AUTHORIZED REPRESENTATIVE SOUGHT PERMISSION OF THE BENCH FOR WITHDRAWAL OF THE APPEAL S, AS , THE ASSESSEE HAS OPTED FOR SETT LING THE DISPUTE ARISING IN THE APPEAL S UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020. HE FURTHER SUBMITTED , ACCEPTING ASSESSEES 2 ITA NO. 5764 / MUM/2 0 15 & IT (TP)A NO. 2779/MUM/2017 ASSESSMENT YEAR S : 201 1 - 1 2 & 2012 - 13 DECLARATION THE DESIGNATED AUTHORITY HAS ISSUED CERTIFICATE S IN FORM 3. A LETTER TO THIS EFFECT ATTACHING COPIES OF FORM 3 HAS ALSO BEEN FURNISHED BEFORE THE BENCH. 3. THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION TO THE AFORESAID REQUEST OF THE ASSESSEE. 4 . IN VIEW OF THE FACT S DISCUSSED ABOVE AND CONSIDERING ASSESSEES REQUEST, WE PERMIT WITHDRAWAL OF THE SE APPEAL S . ACCORDINGLY, APPEAL S ARE DISMISSED AS WITHDRAWN . 5 . IN THE RESULT, APPEAL S ARE DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON 21 ST MAY , 2021 . SD/ - SD/ - ( PRAMOD KUMAR ) VICE PRESIDENT (SAKTIJIT DEY) JUDICIAL MEMBER MUMBAI ; DATED: 21 / 05 /202 1 ALINDRA, PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE . / BY ORDER, //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI