MAFATLAL FABRICS P.LTD, MUMBAI V. DCIT 1(2), MUMBAI

ITA 6033/MUM/2014

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 2277 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-10-2016
• Appeal Filed By: Assessee
• Bench Allotted: B
• Assessment Year: 2007-2008
• Appeal Filed On: 29-09-2014
• Court: TRIBUNAL
• Department Lawyers: MOHAMMED RIZWANDR
• Assessee Lawyers: JAYESH DESAI

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES B, MUMBAI , . . , , BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER, AND SHRI N.K. PRADHAN, ACCOUNTANT MEMBER ITA NO.6033/MUM/2014 ASSESSMENT YEAR: 2007-08 MAFATLAL FABRICS PRIVATE LIMITED, MAFATLAL HOUSE, H.T. PAREKH MARG, BACKBAY RECLAMATION, MUMBAI-400020 / VS. DCIT - 1(2), AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 ( ' # $ /ASSESSEE) ( % / REVENUE) P.A. NO.AAACP4133C '# $ / ASSESSEE BY SHRI JAYESH DESAI % / REVENUE BY SHRI MOHAMMED RIZWAN-DR & %' ( $ ) / DATE OF HEARING : 26/10/2016 ( $ ) / DATE OF ORDER: 26/10/2016 MAFATLAL FABRICS PRIVATE LIMITED ITA NOS.6033/MUM/2014 2 / O R D E R PER JOGINDER SINGH (JUDICIAL MEMBER) THE ASSESSEE IS AGGRIEVED BY THE IMPUGNED ORDER DA TED 18/06/2014 OF THE LD. FIRST APPELLATE AUTHORITY, MU MBAI. 2. DURING HEARING OF THIS APPEAL, THE LEARNED COUNS EL FOR THE ASSESSEE, SHRI JAYESH DESAI, CONTENDED THAT DESIRED RELIEF HAS ALREADY BEEN GRANTED BY THE ASSE SSING OFFICER, THEREFORE, THE ASSESSEE IS NOT INTERESTED TO PURSE THIS APPEAL, CONSEQUENTLY, THE ASSESSEE MAY BE ALLO WED TO WITHDRAW THE APPEAL. THE LEARNED D.R, SHRI MOHAMMED RIZWAN, HAD NO OBJECTION TO THE REQUEST O F THE ASSESSEE. 3. CONSIDERING THE SUBMISSION OF THE LD. COUNSEL FO R THE ASSESSEE AND NO OBJECTION FROM LD. DR, THE APPE AL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. THIS ORDER WAS PRONOUNCED IN THE OPEN COURT IN TH E PRESENCE OF LD. REPRESENTATIVES FROM BOTH SIDES AT THE CONCLUSION OF THE HEARING ON 26/10/2016. SD/- SD/- ( N. K. PRADHAN ) (JOGINDER SINGH) '# / ACCOUNTANT MEMBER $# / JUDICIAL MEMBER & ' MUMBAI; * DATED :26/10/2016 F{X~{T? P.S/. . . MAFATLAL FABRICS PRIVATE LIMITED ITA NOS.6033/MUM/2014 3 %$&'()(*& / COPY OF THE ORDER FORWARDED TO : 1. +,-. / THE APPELLANT 2. /-. / THE RESPONDENT. 3. 0 0 & 1$ ( +, ) / THE CIT, MUMBAI. 4. 0 0 & 1$ / CIT(A)- , MUMBAI 5. 3% 4 $ , 0 +,) + 5 , & ' / DR, ITAT, MUMBAI 6. 6' 7' / GUARD FILE. / BY ORDER, /3,$ $ //TRUE COPY// / (DY./ASSTT. REGISTRAR) , & ' / ITAT, MUMBAI,