LIVE OAK RESORTS PVT LTD., MUMBAI V. DCIT 12 (3)(2), MUMBAI

ITA 7779/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4102 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 17-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: BRAJENDRA KUMAR
• Assessee Lawyers: RA JEEV WAGLAY
• Section: 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, MUMBAI BEFORE SHRI SHAMIM YAHYA , AM AND SHRI AMARJIT SINGH, JM / I .T.A. NO. 7779 / MUM/ 20 19 ( / ASSESSMENT YEAR: 20 15 - 16 ) LIVE OAK RESORTS PVT. LTD. A/206, SAI DARSHAN, OPP. MULJI N AGAR, S. V. ROAD, BORIVALI (W), MUMBAI - 400092 . / VS. DCIT - 12(3)(2) ROOM NO.147 - B, 1 ST FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI - 400020. ./ ./ PAN/GIR NO. : AAACL 5085 F ( / APPELLANT ) .. ( / RESPONDENT ) / DATE OF HEARING: 27 / 0 5 / 20 2 1 /DATE OF PRONOUNCEMENT: 27 / 0 5 / 20 21 / O R D E R PER AMAR JIT SINGH (JM) : 1. THE ASSESSEE HAS MOVED PETITION SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME 2020. 2. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT OPPOSE THE PRAYER SO MADE BY THE ASSESSEE. 3. THERE IS NO DISPUTE THAT ONCE THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRELY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS TH E APPEAL AS WITHDRAWN. ASSESSE E BY : SHRI RAJEEV WAGLAY (AR) REVENUE BY: SHRI BRAJENDRA KUMAR ( D R) ITA NO. 7779 /M UM /20 19 A.Y.2015 - 16 2 5 . IN THE RESULT, THE A PPEAL IS DISMISSED AS WITHDRAWN . PRONOUNCED IN THE OPEN COURT TODAY ON THE 27 / 0 5 / 2021 SD/ - SD / - ( SHAMIM YAHYA ) (AMARJIT SINGH) / ACCOUNTANT MEMBER / JUDICIAL MEMBER MUMBAI; DATED : 27 / 0 5 / 202 1 V IJAY PAL SINGH /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 CO PY// / /(DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI