GOLDSTAR JEWELLERY PRIVATE LIMITED, MUMBAI V. DEPUTY COMMISSIONER OF INCOME TAX 9(3)(2), MUMBAI, MUMBAI

ITA 7352/MUM/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0069 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 6 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: K
• Assessment Year: 2014-2015
• Appeal Filed On: 21-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNIL DESHPANDE LD
• Assessee Lawyers: VARSHA NANWANI LD

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL K BENCH, MUMBAI , , BEFORE HONBLE SHRI MAHAVIR SINGH, VP AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.7352/MUM/2018 ( / ASSESSMENT YEAR : 2014-15) M/S GOLDSTAR JEWELLERY PVT. LTD. UNIT NO. IIIA, GOLDSTAR HOUSE BLOCK-C, PLOT NO. 16(P), 17, 28 & 29(P) SEEPZ-SEZ, ANDHERI (EAST) MUMBAI-400 096 / VS. DCIT - 9(3 ) (2) , ROOM NO.418, 4 TH FLOOR AAYKAR BHAVAN, M. K. ROAD, MUMBAI-400 020 +, ./ ./PAN/GIR NO. AAACG-3264-B ( ,. /APPELLANT ) : ( /0,. / RESPONDENT ) ASSESSEE BY : MS. VARSHA NANWANI - LD. AR REVENUE BY : SHRI SUNIL DESHPANDE LD.DR / DATE OF HEARING : 20/07/2021 / DATE OF PRONOUNCEMENT : 20/07/2021 / 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 FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 AND RECEIVED FORM NO.3 FROM APPROPRIATE AUTHORITY. ACCORDINGLY, LD. AR SOUGHT W ITHDRAWAL OF THE APPEAL. THE LD. 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 IN VIEW OF FOREGOING, THE ASSESSEES APPEAL STAN D DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTOR ATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHE ME IS NOT ACCEPTED, FOR WHATEVER REASONS.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 THE APPEAL STAND DISMISSED AS WITHDRAWN.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 20 TH JULY, 2021. SD/- SD/- (MAHAVIR SINGH) (MANOJ KUM AR AGGARWAL) / VICE PRESIDENT / ACCOUNTANT MEMBER MUMBAI; DATED : 20/07/2021 SR.PS, DHANANJAY/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. 9/2: , : , / DR, ITAT, MUMBAI 6. 9;<= / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.