KANAKRAJ JEWELLERS PRIVATE LIMITED, MUMBAI V. DCOT 10 (1) (2), MUMBAI

ITA 5838/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7978 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2010-2011
• Appeal Filed On: 11-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH H, MUMBAI , . ,% & BEFORE VIKAS AWASTHY, JUDICIAL MEMBER & SHRI M.BALAGANESH, ACCOUNTANT MEMBER . 5838/ / 2019 (). . 2010-11 ) ITA NO.5838/MUM/2019(A.Y.2010-11) M/S.KANAKRAJ JEWELLERS PVT. LTD, GROUND FLOOR, MATRUCHHAYA BUILDING, DAWOOD BAUG, OPP.J.P ROAD, ANDHERI (WEST), MUMBAI -400 058 PAN.AACCK 8393D ...... + / APPELLANT ) VS. DY. COMMISSIONER OF INCOME TAX-10(1)(2), ROOM NO.209, 2 ND FLOOR, AAYKAR BHAVAN, M.K.ROAD, MUMBAI 400 020 ..... ,- / RESPONDENT ASSESSEE BY : SHRI RAJKUMAR SINGH REVENUE BY : MS. BHARATI SINGH ).- / DATE OF HEARING : 15/03/2021 /01 .- / DATE OF PRONOUNCEMENT : 15/03/2021 / ORDER PER VIKAS AWASTHY, J.M: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST T HE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-17, MUMBAI ( IN SHORT THE CIT (A)) DATED 18/06/2019 FOR THE ASSESSMENT YEAR 2010-11. 2. A LETTER DATED 27/02/2021 HAS BEEN RECEIVED FROM THE CHARTERED ACCOUNTANTS OF THE ASSESSEE STATING THAT THE ASSESSEE HAS OP TED FOR VIWAD SE VISHWAS SCHEME, 2020( IN SHORT VSVS) AND HENCE, WANT TO WITHDRAW THE APPEAL. 2 . 5838/ / 2019 (). . 2010-11 ) ITA NO.5838/MUM/2019(A.Y.2010-11) 3. MS. BHARATI SINGH REPRESENTING THE DEPARTMENT STATED THAT THE DEPARTM ENT HAS NO OBJECTION IF THE ASSESSEE WANT TO WITHDRAW APPEAL TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSES SEES DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEAR HAS BEEN ACCEPTED AND THE DESIGNATED AUTHORITY HAS ISSUED FORM-3. IN VIEW OF ABOVE, THE APPEAL BY ASSESSEE IS DISMISSED AS WITHDRAWN. 5. THE APPEAL BY ASSESSEE IS DISMISSED AS WITHD RAWN. ORDER PRONOUNCED IN THE OPEN COURT ON MONDAY, THE 15 TH DAY OF MARCH, 2021. SD/- SD/- (M.BALAGANESH) (VIKAS AWAS THY) % / ACCOUNTANT MEMBER / JUDICIAL MEMBER / MUMBAI, 2 )/ DATED 15/03/2021 VM , SR. PS (O/S) ,-341- COPY OF THE ORDER FORWARDED TO : 1. + / THE APPELLANT , 2. ,- / THE RESPONDENT. 3. 5- ( )/ THE CIT(A)- 4. 5- CIT 5. 6,-) , . . . , / DR, ITAT, MUMBAI 6. 789: / GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI