M/S DAYAL POWER & MINING LTD., MUMBAI V. ITO 2 (1)92), MUMBAI

ITA 7281/MUM/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4983 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2013-2014
• Appeal Filed On: 27-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY J SETHI

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC, MUMBAI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER . 7281 / /20 19 (. . 2013-14 ) ITA NO.7281/MUM/2019 (A.Y.2013-14) . 7282 / /20 19 (. . 2014-15 ) ITA NO.7282/MUM/2019 (A.Y.2014-15) M/S. DAYAL POWER AND MINING LTD. 301, TV INDUSTRIAL ESTATE, AHIRE ROAD, BEHIND GLAXO, WORLI, MUMBAI-400030 PAN: AAFCA8378K ...... / APPELLANT VS. ITO -2(1)(2) AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020. ..... / RESPONDENT / APPELLANT BY : NONE / RESPONDENT BY : SH. SANJAY J. SETHI / DATE OF HEARING : 01/09/2021 / DATE OF PRONOUNCEMENT : 01/09/2021 / ORDER PER VIKAS AWASTHY, J.M: THIS TWO APPEALS BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-4, MUMBAI [HEREINAFTER REFERRED TO AS THE CIT(A)] FOR THE ASSESSMENT YEARS 2013-14 & 2014-15, RESPECTIVELY. BOTH THE IMPUGNED ORDERS ARE OF EVEN DATE I.E. 17.10.2019. 2 . 7281 & 7282 / /20 19 (. .2013-14 & 2014-15 ) ITA NO.7281 & 7282/MUM/2019 (A.Y.2013-14 & 2014-15) 2. A LETTER DATED 23/08/2021 HAS BEEN RECEIVED FROM THE ASSESSEE STATING THAT THE ASSESSEE HAS OPTED FOR VIWAD SE VISHWAS SCHEME, 2020 (IN SHORT VSVS) FOR BOTH THE IMPUGNED ASSESSMENT YEARS AND HENCE, WANT TO WITHDRAW THE APPEALS. 3. SH. SANJAY J. SETHI REPRESENTING THE DEPARTMENT STATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANTS TO WITHDRAW APPEALS TO AVAIL THE BENEFIT OF VSVS. 4. A PERUSAL OF ABOVE LETTER SHOWS THAT THE ASSESSEES DECLARATION UNDER VSVS FOR THE IMPUGNED ASSESSMENT YEARS HAS BEEN ACCEPTED AND THE DESIGNATED AUTHORITY HAS ISSUED FORM-3. IN VIEW OF ABOVE, THE APPEALS FOR BOTH THE ASSESSMENT YEARS BY ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON WEDNESDAY , THE 1 ST DAY OF SEPTEMBER, 2021. SD/- (VIKAS AWASTHY) / JUDICIAL MEMBER / MUMBAI, / DATED: 01/09/2021 SK, PS 3 . 7281 & 7282 / /20 19 (. .2013-14 & 2014-15 ) ITA NO.7281 & 7282/MUM/2019 (A.Y.2013-14 & 2014-15) 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