QUEST PARTNERS , MUMBAI V. ASST CIT CIRCLE-29(2), MUMBAI

ITA 6803/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4603 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2015-2016
• Appeal Filed On: 05-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: PARESH SHAPARIA LD

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, MUMBAI , , BEFORE HONBLE SHRI MAHAVIR SINGH, VP AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.6803/MUM/2019 ( / ASSESSMENT YEAR : 2015-16) QUEST PARNERS O-701, MAYURESH SHRISHTI OPP. ASIAN PAINTS LBS MARG, BHANDUP WEST MUMBAI 400 078 / VS. ACIT - CIRC LE 29(2) KAUTILYA BHAWAN BANDRA KURLA COMPLEX BKC MUMBAI 400 051 +, ./ ./PAN/GIR NO. AAAFQ-3174-B ( ,. /APPELLANT ) : ( /0,. / RESPONDENT ) ASSESSEE BY : SHRI PARESH SHAPARIA LD. AR REVENUE BY : SHRI SUNIL JHA LD. CIT-DR / DATE OF HEARING : 24/05/2021 / DATE OF PRONOUNCEMENT : 24/05/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE LD. AR, AT THE OUTSET, SUBMITTED THAT THE AS SESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 AND RECEIVED FORM NO.3 FROM APPROPRIATE AUTHORITY. THE LD. AR SOUGHT WITHDRAWAL OF THE APPE AL. THE LD. CIT-DR DID NOT OBJECT TO THE SAME. 2 2. IN VIEW OF FOREGOING, THE ASSESSEES APPEAL STAN D DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTOR ATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHE ME IS NOT ACCEPTED, FOR WHATEVER REASONS. 3. THE APPEAL STAND DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 24 TH MAY, 2021. SD/- SD/- (MAHAVIR SINGH) (MANOJ KUMAR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED : 24/05/2021 SR.PS, JAISY VARGHESE !'! / COPY OF THE ORDER FORWARDED TO : 1. ,. / THE APPELLANT 2. /0,. / THE RESPONDENT 3. 7 ( ) / THE CIT(A) 4. 7 / CIT CONCERNED 5. 89/2: , : , / DR, ITAT, MUMBAI 6. 9;< / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.