LATE SHRI ANAND PRABHAKARAN NAIR THROUGH LEGAL HEIR DR, CHAMPAVATI PRABHAKARAN , MUMBAI V. DY CIT CC 1 (1), MUMBAI

ITA 8031/MUM/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1522 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 1 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 30-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (V I RTUAL COURT) , A BENCH MUMBAI BEFORE SHRI VIKAS AWASTHY, JM & SHRI M.BALAGANESH, AM ITA NO. 8031/ MUM/ 2019 ( ASSESSMENT YEAR : 2014 - 15 ) & ITA NO. 8032/ MUM/ 2019 ( ASSESSMENT YEAR : 2015 - 16 ) LATE SHRI ANAND PRABHAKARAN NAIR THROUGH LEGAL HEIR DR. CHAMPAVATI PRABHAKARAN 38/297, ANAND NAGAR OPP. ANANDVAN UDYAN VAKOLA POLICE STATION LANE SANTACRUZ (E) MAHARASHTRA VS. DY. COMMISSIONER OF INCOME TAX, CE NTRAL CIRCLE - 1(1), MUMBAI ROOM NO.901, 9 TH FLOOR PRATISHTHA BHAVAN OLD CGO BUILDING M.K.ROAD, MUMBAI - 400 020 PAN/GIR NO. AAGPP1688K (APPELLANT ) .. (RESPONDENT ) ASSESSEE BY NONE REVENUE BY SHRI SUSHIL KUMAR MISHRA DATE OF HEARING 12/0 2 /2021 DA TE OF PRONOUNCEMENT 12 / 02 / 202 1 / O R D E R PER VIKAS AWASTHY (JM): THESE APPEAL S IN ITA NO.8031/MUM/2019 & 8032/MUM/2019 FOR A.Y. 2014 - 15 & 2015 - 16 ARISE OUT OF THE ORDER BY THE LD. COMMISSIONER OF ITA NO . 8031/MUM/2019 & 8032/MUM/2019 LATE SHRI ANAND PRABHAKARAN NAIR THROUGH LEGAL HEIR DR. CHAMPAVATI PRABHAKARAN 2 INCOME TAX (APPEALS) - 47, MUMBAI IN APPEAL NO. CIT(A) - 47, MUMBAI/12912/2016 - 17 , CI T(A)47/MUM/10189/2017 - 18 RESPECTIVELY DATED 10/10/2019 (LD. CIT(A) IN SHORT) AGAINST THE ORDER OF ASSESSMENT PASSED U/S.143(3) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT) DATED 27/12/2016 & 22/12/2017 RESPECTIVELY BY THE LD. DY. COMMISSION ER OF INCOME TAX, CENTRAL CIRCLE 1(1), MUMBAI (HEREINAFTER REFERRED TO AS LD. AO). 2. WE FIND THAT THE LD. AR FILED A LETTERS DATED 29/01/2021 & 02/02/2021 RESPECTIVELY MENTIONING THAT ASSESSEE HAD PREFERRED AN APPLICATION UNDER DIRECT TAX VIVAD SE VISWA S SCHEME 2020 TO SETTLE THIS TAX DISPUTE FOR THE YEAR UNDER CONSIDERATION AND HAD OBTAINED FORM - 3 FROM THE DESIGNATED AUTHORITY THEREON, COPY OF WHICH WAS ENCLOSED ALONGWITH THIS LETTER. 3. IN VIEW OF T HIS, WE HEREBY TREAT THE APPEAL PENDING BEFORE US A S DISMISSED AND WITHDRAWN WITH A LIBERTY GIVEN TO THE ASSESSEE TO GET THE APPEAL RESTORED IN THE EVENT THAT ASSESSEES DECLARATION MADE UNDER VIVAD SE VISWAS SCHEME 2020 IS DECLARED BAD IN LAW IN FUTURE FOR ANY REASON WHATSOEVER. 4. IN THE RESULT, APPEA L S OF THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 12 / 0 2 /202 1. SD/ - ( M.BALAGANESH ) SD/ - ( VIKAS AWASTHY ) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI ; DATED 12 / 0 2 / 2021 KARUNA , SR.PS ITA NO . 8031/MUM/2019 & 8032/MUM/2019 LATE SHRI ANAND PRABHAKARAN NAIR THROUGH LEGAL HEIR DR. CHAMPAVATI PRABHAKARAN 3 COPY OF THE ORDER FORWARDED TO : BY ORDER, ( ASSTT. REGISTRAR) ITAT, MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A), MUMBAI. 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY//