RASHMIN MANSUKH CHOLERA (HUF), MUMBAI V. ITO-16(3) (3), MUMBAI, MUMBAI

ITA 5777/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4967 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 06-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC, MUMBAI , ! BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER . 5776 / /201 9 ((. . 2015-16 ) ITA NO.5776/MUM/2019 (A.Y. 2015-16) . 5777 / /201 9 ((. . 2014-15 ) ITA NO.5777/MUM/2019 (A.Y. 2014-15) RASHMIN MANSUKH CHOLERA(HUF), 13, JAWAHAR NAGAR, ROAD NO.1, GOREGAON (WEST), MUMBAI 400 062. PAN: AABHC 9864K ...... * / APPELLANT ( VS. ITO-16(3)(3), 4 TH FLOOR, AAYKAR BHAVAN, M.K.ROAD, MUMBAI - 400 020 ..... +,/ RESPONDENT *-/ APPELLANT BY : NONE +,-/ RESPONDENT BY : MS. SMITA VERMA (., / DATE OF HEARING : 06/04/2021 /01 ., / DATE OF PRONOUNCEMENT : 06/04/2021 / ORDER PER VIKAS AWASTHY, J.M: THESE TWO APPEALS BY THE ASSESSEE ARE DIRECTED AGAI NST THE ORDERS OF COMMISSIONER OF INCOME TAX (APPEALS)-7, MUMBAI (IN SHORT THE CIT(A)) FOR THE ASSESSMENT YEAR 2015-16 DATED 05/8/2019 AND FOR THE ASSESSMENT YEAR 2014- 15 DATED 02/8/2019, RESPECTIVELY. 2 ITA NO.5776/MUM/2019 (A.Y.2015-16) ITA NO.5777/MU M/2019 (A.Y.2014-15) 2. A LETTER DATED 05/04/2021 HAS BEEN RECEIVED FROM THE CHARTERED ACCOUNTANTS OF THE ASSESSEE STATING THAT THE ASSESS EE HAS OPTED FOR VIWAD SE VISHWAS SCHEME, 2020 (IN SHORT VSVS) AND HENCE, WANT TO WITHDRAW BOTH THE APPEALS. 3. MS. SMITA VERMA REPRESENTING THE DEPARTMENT STAT ED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANT TO WITHDRAW A PPEALS TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSESSE ES DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEARS HAS BEEN ACCEPTED AND THE DESIGNATED AUTHORITY HAS ISSUED FORM-3. IN VIEW OF ABOVE, THE APPEAL BY ASSESSEE FOR AY 2014-15 AND 2015-16, RESPECTIVELY ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON TUESDAY, THE 6 TH DAY OF APRIL, 2021. SD./- (VIKAS AWASTHY) / JUDICIAL MEMBER / MUMBAI, 3(/ DATED: 06/04/2021 VM , SR. PS (O/S) 3 ITA NO.5776/MUM/2019 (A.Y.2015-16) ITA NO.5777/MU M/2019 (A.Y.2014-15) COPY OF THE ORDER FORWARDED TO : 1. * / THE APPELLANT , 2. +, / THE RESPONDENT. 3. 4, ( )/ THE CIT(A)- 4. 4, CIT 5. 56+,( , . . . , / DR, ITAT, MUMBAI 6. 6789: / GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI