LOTUS SURGICALS PVT LTD., MUMBAI V. DY CIT CC 5 (1), MUMBAI

ITA 6707/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2913 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2016-2017
• Appeal Filed On: 30-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SREENIVAS RAGHAVAN S. IYANGER
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES A , MUMBAI BEFORE SHRI PRAMOD KUMAR , VICE PRESIDENT AND SHRI SAKTIJIT DEY , JUDICIAL MEMBER ITA NO. 6707/MUM/2019 ASSESSMENT Y EAR: 2016 - 17 LOTUS SURGICALS PVT. LTD., 404, PRATHAME SH TOWERS, RAGHUVANSHI MILLS COMPOUND, SENAPATI BAPAT MARG, LOWER PAREL, MUMBAI - 400013 PAN: AABCL1217G VS. DY. CIT CENTRAL CIRCLE 5 (1), ROOM NO. 1928, AIR INDIA BUILDING, NARIMAN POINT, MUMBAI (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI S ATYAPRAKASH SINGH (AR) REVENUE BY : SHRI SREENIVAS RAGHAVAN S. IYANGER (DR ) DATE OF HEARING : 28 /05 /202 1 DATE OF PRONOUNCEMENT: 28 / 0 5 /202 1 O R D E R PER SAKTIJIT DEY , JM THIS IS AN APPEAL BY THE ASSESSEE AGAINST THE ORDER DATED 19.08.2019 OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS) - 53, MUMBAI FOR THE ASSESSM ENT YEAR 2016 - 17 . 2. AT THE OUTSET, THE LEARNED AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS OPTED FOR SETTLING THE DISPUTE ARISING IN THE PRESENT APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 AND HAS RECEIVED CERTIFICATE ISSUED BY THE DESIGNATED AUTHORITY IN FORM 3 . THUS, HE MADE REQUES ON BEHALF OF THE ASSESSEE FOR WITHDRAW AL OF THE APPEAL. IN FACT, A LETTER TO THIS EFFECT ATTACHING FORM 3 HAS BEEN FILED BEFORE THE BENCH. 2 ITA NO. 6707 / MUM/2019 ASSESSMENT YEAR: 201 6 - 1 7 3. THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION TO THE AFORESAID REQUEST OF THE ASSESSEE. 4 . IN VIEW OF FACT S DISCUSSED ABOVE AND CONSIDERING ASSESSEES REQUEST, WE PERMIT HIM TO WITHDRAW THE PRESENT APPEAL. ACCORDINGLY, APPEAL IS DISMISSED AS WITHDRAWN . 5 . IN THE RESULT, APPEAL IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH MAY , 2021 . SD/ - SD/ - ( PRAMOD KUMAR ) VICE PRESIDENT (SAKTIJIT DEY) JUDICIAL MEMBER MUMBAI ; DATED: 28 / 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