M/S MUNISH INDUSTRIAL CHEMICALS PVT LTD., MUMBAI V. ASST CIT 12 (3)(2), MUMBAI

ITA 7882/MUM/2019

• Counselvise Citation: [2020] 109 COUNSELVISE.COM (IT) 9691 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 23-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA NO. 7882/MUM/2019 ASSESSMENT YEAR: 2014 - 15 PAGE 1 OF 2 INCOME TAX APPELLATE TRIBUNAL MUMBAI D BENCH, MUMBAI [CORAM: JUSTICE P. P. BHATT (PRESIDENT) AND PRAMOD KUMAR (VICE PRESIDENT)] ITA NO. 7882/MUM/2019 ASSESSMENT YEAR: 2014 - 15 M/S. MUNISH INDUSTRIAL CHEMICALS PVT. LTD. .. APPELLANT 217 ,RUBY INDUSTRIAL ESTATE, CHINCHOLI BUNDER ROAD, MALAD (WEST), MUMBAI 400064 [PAN: AAACM0626P] VS. DEPUTY COMMISSIONER OF INCOME TAX - CENTRAL CIRCLE 12(3)(2) MUMBAI. .RESPONDENT APPEARANCES: NONE FOR THE APPELLANT BHARAT ANDHLE FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING: : DECEMBER 23 RD , 2020 DATE OF PRONOUNCEMENT : DECEMBER 24 TH , 2020 O R D E R PER BENCH : 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NO DISPUTE THAT ONC E THE MATTER IS RESOLVED UNDER VIVAD SE VISHWAS SCHEME 2020, THE RELATED APPEAL IS REQUIRED TO BE WITHDRAWN. ITA NO. 7882/MUM/2019 ASSESSMENT YEAR: 2014 - 15 PAGE 2 OF 2 4. IN VIEW OF THE ABOVE POSITION, AS ALSO BEARING IN MIND ENTIRETY OF THE CASE, WE DEEM IT FIT AND PROPER TO DISMISS THE APPEAL AS WITHDRAWN. 5 . IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY ON THE 24 TH DAY OF DECEMBER 2020. S D / - S D / - JUSTICE P. P. BHATT PRAMOD KUMAR (PRESIDENT) (VICE PRESIDENT) MUMBAI, DATED THE 24 TH DAY OF DECEMBER, 2020 COPIES TO: (1) THE APPLICANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI