SHRI. FIROZ KASAM PENWALA, MUMBAI V. ITO 24 (1)(1), MUMBAI

ITA 7717/MUM/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4251 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 9 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 1996-1997
• Appeal Filed On: 16-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

F IN THE INCOME TAX APPELLATE TRIBUNAL F BENCH, MUMBAI , , BEFORE SRI MAHAVIR SINGH, VP AND SRI MANOJ KUMAR AGGARWAL, AM AAYAKR APILA SAM . / ITA NO. 7717 /MUM/ 2019 ( INAQA - ARNA BAYA - / ASSESSMENT YEAR 1996 - 97 ) SHRI FIROZ KASAM PENWALA C/O. SUNIL VANKAWALA & ASSOCIATES 103, VRINDAVAN, 1 ST FLOOR, NEAR SHUBHAM HALL, VALLABHABHAI ROAD, OPP. RAILWAY STATION, VILE PARLE (W), MUMBAI VS. THE INCOME TAX OFFICER, WARD 24(1)(1) KAUTILYA BHAWAN, BKC, BANDRA (E), MUMBAI - 400 051 ( APILAAQAI - / APPELLANT) .. ( P`%YAQAAI - / RESPONDENT) . / PAN NO. AACPP0521H / APPELLANT BY : NONE / RESPONDENT BY : MS. USHA GAIKWAD, DR / DATE OF HEARING: 12 .08.2021 / DATE OF PRONOUNCEMENT : 17 .0 9 .2021 AADOSA / O R D E R , / PER MAHAVIR SINGH, JM : THIS APPEAL OF ASSESSEE IS ARISING OUT OF THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 42 , MUMBAI [IN SHORT CIT(A) ], IN APPEAL NO. CIT(A) - 42, MUMBAI/101114/2017 - 18 [CIT(A) - 42/215/2013 - 14] CIT(A) 42, MUMBAI/10364/2017 - 18 [CIT(A) - 42/2014/2013 - 14 VIDE ORDER DATED 20.09.2019 . 2. THE REGISTRY PLACED ON RECORD ASSESSEES LETTERS DATED 11.08.2021 WHEREIN IT HAS BEEN SUBMITTED THAT THE ASSESSEE HAS OPTED FOR SETTLEMENT OF DISPUTE FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VSVS SCHEME), 2020 AND 2 ITA NO. 7717 /MUM/ 2019 SHRI FIROZ KASAM PENWALA; AY : 1996 - 97 ALREADY RECEIVED FORM NO.3 FROM APPROPRIATE AUTHORITY. THE LD. DR DID NOT RAISE ANY OBJE CTION AGAINST THE SAME. 3. IN VIEW OF FOREGOING, THE APPEAL STAND DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. IN THE RESU LT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 17 . 09 .2021 . SD/ - SD/ - ( / MANOJ KUMAR AGGARWAL) ( /MAHAVIR SINGH) ( / ACCOUNTANT MEMBER) ( / VICE PRESIDENT) , / MUMBAI, DATED: 17. 0 9 .2021 . , . / SUDIP SARKAR, SR.PS / 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// / ( ASSTT. REGISTRAR) , / ITAT, MUMBAI