ELBRIT LIFESCIENCES PVT. LTD., MUMBAI V. ITO 9 (2)(4), MUMBAI

ITA 7211/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6698 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 1 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 22-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (VIRTUAL COURT) SMC BENCH, MUMBAI BEFORE SHRI C.N. PRASAD, HON'BLE JUDICIAL MEMBER ITA NO. 7211 /MUM/2019 (A.Y:2015 - 16 ) M/S. ELBRIT LIFESCIENCES PVT. LTD., LEVEL - 4, DYNASTY PARK ANDHERI - KURLA ROAD ANDHERI (E), MUMBAI - 400059 PAN: AADCE5937C V. INCOME TAX OFFICER 9 (2)( 4 ) AAYAKAR BHAVAN, M.K. ROAD MUMBAI 400 020 (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE DEPARTMENT BY : SHRI SANJAY J. SETHI DATE OF HEARING : 21 .01.2021 DATE OF PRONOUNCEMENT : 21 .01.2021 O R D E R PER C.N. PRASAD (JM) 1. TH IS APPEAL IS FILED BY THE ASSESSEE AGAINST ORDER OF THE LEARNED COMMISSIONER OF INCOME TAX (APPEALS) 16 , MUMBAI [HEREINAFTER IN SHORT LD.CIT(A)] DATED 30.07.2019 FOR THE A.Y . 20 1 5 - 16 . 2. ASSESSEE THROUGH ITS AUTHORIZED REPRESENTATIVE FILED A LETTER DATED 15 TH JANUARY, 2021 AND SUBMITTED AS UNDER: - 2 ITA NO. 7211/MUM/2019 (A.Y:2015 - 16) M/S. ELBRIT LIFESCIENCES PVT. LTD., WITH REFERENCE TO ABOVE CASE NO: ITA 7211/MUM/2019. NOW AS WE HAVE APPLIED FOR THE SAME CASE TO BE SETTLED UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME. FOR YOUR REFERENCE FORM NO. 1, 2 AND 3 THAT WE HAVE FILED UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME AND OUR ITAT ACKNOWLEDGEMENT COPY IS ENCLOSED HERE. WE WOULD LIKE TO WITHDRAW OUR CASE THAT WE HAD APPLIED ON 22.11.2019 AT ITAT. SO WE KINDLY REQUEST YOU TO ACCEPT OUR WITHDRAWAL LETTER SO THAT WE CAN SUBMIT ACKNOWLEDGEMENT COPY OF THIS LETTER UNDER FORM NO. 4 OF DTVSV SCHEME. 3. ON A PERUSAL OF THE ABOVE LETT ER OF THE ASSESSEE AND THE ENCLOSED COPIES OF FORM - 3 IT IS NOTICED THAT ASSESSEE HAS ALREADY FILED DECLARATION AND UNDERTAKING IN FORM - 1 UNDER VIVAD SE VISHWAS SCHEME AND RECEIVED FORM - 3 FROM THE REVENUE ACCEPTING THE SAID DECLARATION. ASSESSEE REQUESTED FOR WITHDRAWAL OF THE APPEAL. ACCEPTING THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF APPEAL, TH IS APPEAL IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN VIRTUAL COURT ON 21 .01.2021. SD/ - (C.N. PRASAD) JUDICIAL MEMBER MUMBAI / DATED 21 / 01/2021 GIRIDHAR, SR.PS 3 ITA NO. 7211/MUM/2019 (A.Y:2015 - 16) M/S. ELBRIT LIFESCIENCES PVT. LTD., COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY// BY ORDER (ASSTT. REGISTRAR) ITAT, MUM