INDIUM (MAURITIUS) LTD., MUMBAI V. ACIT (IT) 2(2)(1), MUMBAI

ITA 7032/MUM/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 9620 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2015-2016
• Appeal Filed On: 07-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA NO. 7032 /MUM/20 18 ASSESSMENT YEAR: 2015 - 16 PAGE 1 OF 3 INCOME TAX APPELLATE TRIBUNAL MUMBAI I BENCH, MUMBAI [CORAM: PRAMOD KUMAR (VICE PRESIDENT)] A ND SAKTIJIT DEY ( JUDICIAL MEMBER )] ITA NO. 7032 /MUM/20 18 ASSESSMENT YEAR: 2015 - 16 I N D I U M ( M A U R I T I U S ) L I M I T E D .. APPELLANT C / O P R I C E W A T E R H O U S E C O O P E R S P V T . L T D . , P W C H O U S E , P L O T 1 8 / A , G U R U N A N A K R O A D , B A N D R A ( W ) M U M B A I 4 0 0 0 5 0 [PAN: A A B C I 5 7 7 0 R ] VS. A S S I S T A N T C O M M I S S I O N E R O F I N C O M E T A X ( I T ) 2 ( 2 ) ( 1 ) , MUMBAI. .RESPONDENT APPEARANCES: J E E T K A M D A R FOR THE APPELLANT VIJAY KUMAR SUBRAMANYAM FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : J A N U A R Y 5 , 202 1 DATE OF PRONOUNCEMENT : J A N U A R Y 5 , 202 1 O R D E R PER PRAMOD KUMAR, VP: 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE PRAYER SO MADE BY THE ASSESSEE. 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. ITA NO. 7032 /MUM/20 18 ASSESSMENT YEAR: 2015 - 16 PAGE 2 OF 3 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRETY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE APPEAL AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 05 TH DAY OF JANUARY 2021. S D / - S D / - SAKTIJIT DEY PRAMOD KUMAR ( JUDICIAL MEMBER ) (VICE PRESIDENT) MUMBAI, DATED THE 05TH DAY OF JANUARY 2021. COPIES TO: (1) THE APPLICANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI ITA NO. 7032 /MUM/20 18 ASSESSMENT YEAR: 2015 - 16 PAGE 3 OF 3