Chino Corporation India Private Limited, Navi Mumbai V. The ACIT--15(1)(2), MUMBAI

ITA 7287/MUM/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 8420 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 6 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-07-2020
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: K
• Assessment Year: 2013-2014
• Appeal Filed On: 22-12-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: ABHISHEK TILAK
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL K BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY , JUDICIAL MEMBERAND SHRI S. RIFAUR RAHMAN , ACCOUNTANT MEMBER I TA NO. 7287 /MUM. /2017 ( ASSESSMENT YEAR : 20 13 14 ) CHINO CORPORATION INDIA PVT. LTD. PLOT NO.PAP A 235 TO 240 SOUTH CENTRAL ROAD, TTC INDL. AREA MIDC MAHAPE, NAVI MUMBAI 400 710 PAN AABCC2221M . APPELLANT V/S ASSTT. COMMISSIONER OF INCOME TAX CIRCLE 15(1)(2), MUMBAI . RESPONDENT I TA NO. 3616/AHD . /2015 ( ASSESSMENT YEAR : 20 11 12 ) CHINO CORPORATION INDIA PVT. LTD. REGISTERED OFFICE AT CHINO HOUSE 10, MAHARANI INDUSTRIAL ESTATE SOMNATH ROAD, DAMAN U.T. OF DAMAN & DIU 396 210 PAN AABCC2221M . APPELLANT V/S ASSTT. COMMISSIONER OF INCOME TAX VAPI CIRCLE, VAPI . RESPONDENT 2 CHINO CORPORATION INDIA PVT. LTD. I TA NO. 216/AHD . /2017 ( ASSESSMENT YEAR : 20 12 13 ) PLOT NO.PAP A 235 TO 240 SOUTH CENTRAL ROAD, TTC INDL. AREA MIDC MAHAPE, NAVI MUMBAI 400 710 PAN AABCC2221M . APPELLANT V/S ASSTT. COMMISSIONER OF INCOME TAX VAPI CIRCLE, VAPI . RESPONDENT ASSESSEE BY : SHRI ABHISHEK TILAK REVENUE BY : S HRI ANAND MOHAN DATE OF HEARING 06 . 0 7 .20 20 DATE OF ORDER 06.07.2020 O R D E R PER BENCH THE AFORESAID APPEALS ARE BY THE SAME ASSESSEE FOR THE ASSESSMENT YEAR S 2013 14, 2012 13 AND 2011 12. 2. AT THE OUTSET, SHRI ABHISHEK TILAK, THE LEANED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS INSTRUCTED HIM TO WITHDRAW THE APPEALS AS THE ASSESSEE HAS DECIDED TO OPT A ND TAKE BENEFIT OF THE VIVAD SE VISHWAS SCHEME (VSVS). IN THIS CONTEXT, HE SUBMITTED A LETTER DATED 2 ND JULY 2020, SENT BY THE ASSESSEE TO THE REGISTRY OF THE TRIBUNAL AND A COPY OF WHICH HAS BEEN MARKED TO HIM. ADDITIONALLY, THE ASSESSEE HAS ALSO SENT A N E MAIL ON 6 TH JULY 2020, REITERATING ITS 3 CHINO CORPORATION INDIA PVT. LTD. DECISION TO WITHDRAW THE APPEALS , THEREBY , SEEKING PERMISSION OF THE BENCH FOR THE SAME. 3. SHRI ANAND MOHAN, THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION FOR WITHDRAWAL OF THE APPEALS BY THE ASSESSEE. 4. KE EPING IN VIEW THE AFORESAID FACTS, WE PERMIT THE ASSESSEE TO WITHDRAW THE CAPTIONED APPEALS . ACCORDINGLY, THE APPEALS ARE DISMISSED AS WITHDRAWN. 5. IN THE RESULT, ALL THE APPEALS ARE DISMISSED. ORDER PRONOUNCED TO THE PARTIES IN COURSE OF VIRTUAL COURT PROCEEDINGS ON 06.07.2020 SD/ - S. RIFAUR RAHMAN ACCOUNTANT MEMBER SD/ - SAKTIJIT DEY JUDICIAL MEMBER MUMBAI, DATED: 06.07.2020 COPY OF THE ORDER FORWARDED TO : (1) THE ASSESSEE; (2) THE REVENUE; (3) THE C I T(A); (4) THE C I T, MUMBAI CITY CONCERNED; (5) THE DR, ITAT, MUMBAI; (6) GUARD FILE . TRUE COPY BY ORDER PRADEEP J. CHOWDHURY SR. PRIVATE SECRETARY ASSISTANT REGISTRAR ITAT, MUMBAI