SIDDHARTH DILIPKUMAR MEHTA, Mumbai V. ITO 33(3)(4), Mumbai

ITA 780/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4475 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 11 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 12-02-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T S KHALSA L D
• Assessee Lawyers: NEHA PARANJPE LD
• Section: 143(3); 2

Judgement Text

ITA NO.780/MUM/2019 ASSESSMENT YEAR: 2014-15 1 IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH, MUMBAI , , BEFORE HONBLE SHRI SAKTIJIT DEY, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.780/MUM/2019 ( / ASSESSMENT YEAR: 2014-15) SHRI SIDDHARTH DILIPKUMAR MEHTA FLAT NO.1903, 19 TH FLOOR A-WING, KANDIVALI KESAR ASHISH CHSL, KANDIVALI (W) MUMBAI-400 067. / VS. INCOME TAX OFFICER - 33( 3 )( 4 ) ROOM NO.509, C-12 BKC PRATYAKSHKAR BHAVAN MUMBAI-400 051. PAN/GIR NO. AFFPM - 8936 - H ( '# /APPELLANT ) : ( $%'# / RESPONDENT ) ASSESSEE BY : MS. NEHA PARANJPE-LD. AR REVENUE BY : SHRI T.S. KHALSA -LD.DR / DATE OF HEARING : 28/01/2021 / DATE OF PRONOUNCEMENT : 01/02/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR 2014-15, CONTESTS THE ORDER OF LEARNED FIRST APPELLATE AUTHO RITY ON CERTAIN GROUNDS OF APPEAL. THE ASSESSMENT WAS FRAMED BY LD. ASSESSI NG OFFICER U/S 143(3) ON 26/12/2016. 2. THE LD. COUNSEL FOR ASSESSEE, AT THE OUTSET, SUB MITTED THAT THE ASSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUT E UNDER DIRECT TAX ITA NO.780/MUM/2019 ASSESSMENT YEAR: 2014-15 2 VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020 AND FILED REQUISITE DECLARATIONS THEREIN. THE LD. AR ALSO SUBMITTED THA T THE APPEAL MAY BE DISMISSED AS WITHDRAWN BUT WITH A LIBERTY TO ASSESS EE TO SEEK RESTORATION IN CASE THE AFORESAID DECLARATION IS NOT ACCEPTED. THE LD. DR DID NOT OBJECT TO THE SAME. 3. IN VIEW OF FOREGOING, THE APPEAL STANDS DISMISSE D AS WITHDRAWN WITH A LIBERTY TO ASSESSEE TO SEEK RESTORATION OF T HIS APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 4. THE APPEAL STANDS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 01 ST FEBRUARY, 2021. SD/- SD/- (SAKTIJIT DEY) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 01/02/2021 SR.PS:-JAISY VARGHESE '# $# / COPY OF THE ORDER FORWARDED TO : 1. '# / THE APPELLANT 2. $%'# / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. + ,$- , - , / DR, ITAT, MUMBAI 6. , ./0 / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.