SHRI. CHINTAN ASHWIN NAGDA, MUMBAI V. ITO WARD 23 (2)92), MUMBAI

ITA 7892/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3808 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2004-2005
• Appeal Filed On: 23-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY J SETHI LD
• Assessee Lawyers: MUKUL VORA LD

Judgement Text

1 - IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI , , BEFORE HONBLE SHRI VIKAS AWASTHY, JM AND HO NBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO. 7892 /MUM/2019 ( / ASSESSMENT YEAR : 20 04 - 05 ) SHRI CHINTAN ASHWIN NAGDA E - 25, KONARK INDRAPRASTHA 9 TH FLOOR, JAIN MANDIR ROAD SARVODAYA NAGAR, MULUND(W) MUMBAI 400 080 / VS. ITO - 23(2)(2) 404, 4 TH FLOOR KAUTILYA BHAWAN BANDRA KURLA COMPLEX (E) BKC , MUMBAI 400 051 ./ ./ PAN/GIR NO . A DJPN - 0809 - N ( / APPELLANT ) : ( / RESPONDENT ) ASSESSEE BY : SHRI MUKUL VORA LD. AR REVENUE BY : SHRI S ANJAY J. SETHI LD. DR / DATE OF HEARING : 07/06/2021 / DATE OF PRONOUNCEMENT : 07/06/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. THE LD. AR, AT THE OUTSET, SUBMITT ED THAT THE ASSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME) , 2020 AND RECEIVED FORM NO.3 FROM APPROPRIATE AUTHORITY. ACCORDINGLY, LD. AR SOUGHT WITHDRAWAL OF THE APPEAL. THE LD. SR. DR DID NOT OBJEC T TO THE SAME. 2 2. IN VIEW OF FOREGOING, THE ASSESSEES APPEAL STAND DISMISSED AS WITHDRAWN WITH A LIBERTY TO ASSESSEE T O S EEK RESTORATION OF THE APPEAL IN CASE THE AFORESAID DECLARATION FILED UNDER THE SCHEME IS NOT ACCEPTED, FOR WHATEVER REASONS. 3. THE APPEAL STAND DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 07 TH JUNE, 2021 . SD/ - SD/ - ( VIKAS AWASTHY ) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 07/06/2021 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. / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.