IGI INVESTMENTS PVT LTD., MUMBAI V. DY CIT 5 (2)91), MUMBAI

ITA 7954/MUM/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3742 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 26-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY J SETHI LD
• Assessee Lawyers: RYAN SALDHANALD

Judgement Text

1 - IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, MUMBAI , , BEFORE HONBLE SHRI VIKAS AWASTHY, JM AND HONBLE SHRI MANOJ KUMAR AGGARWAL, AM (HEARING THROUGH VIDEO CONFERENCING MODE) ./ I.T.A. NO.7954/MUM/2019 ( / ASSESSMENT YEAR: 2011-12) IGI INVESTMENTS P RIVATE LTD. 702, 7 TH FLOOR, THE CAPITAL BANDRA KURLA COMPLEX BANDRA (EAST) MUMBAI-400 051 / VS. D CIT - 5(2)(1) ROOM NO.571, FIFTH FLOOR AAYAKAR BHAWAN M.K. ROAD MUMBAI-400 020 ./ ./ PAN/GIR NO. AACCI-1484-R ( + / APPELLANT ) : ( ./+ / RESPONDENT ) ASSESSEE BY : SHRI RYAN SALDHANA-LD. AR REVENUE BY : SHRI SANJAY J. SETHI LD. DR / DATE OF HEARING : 08/06/2021 / DATE OF PRONOUNCEMENT : 08/06/2021 / O R D E R MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER): - 1. THE LD. AR, AT THE OUTSET, SUBMITTED THAT THE AS SESSEE HAS ALREADY OPTED FOR SETTLEMENT OF DISPUTE FOR THE YEAR UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME (VVS SCHEME), 2020. THE COPIES OF FORM NOS. 1 TO 5 AS WELL AS THE COPY OF PAYMENT CHALLAN HAVE BEEN PLACE D ON RECORD. 2 ACCORDINGLY, LD. AR SOUGHT WITHDRAWAL OF THE APPEAL WHICH WAS NOT OBJECTED TO BY LD. DR. 2. IN VIEW OF FOREGOING, THE ASSESSEES APPEAL STAN D DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 08 TH JUNE, 2021. SD/- SD/- (VIKAS AWASTHY) (MANOJ KUMAR AGGARWAL) 56 / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; 6 DATED : 08/06/2021 SR.PS, JAISY VARGHESE ()*+,-), / COPY OF THE ORDER FORWARDED TO : 1. + / THE APPELLANT 2. ./+ / THE RESPONDENT 3. 8 ( ) / THE CIT(A) 4. 8 / CIT CONCERNED 5. 6 9: .6166; , 6; , / DR, ITAT, MUMBAI 6. :<=> / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI.