Appeal details
Counselvise Citation
[2022] 105 COUNSELVISE.COM (IT) 3093 (ITAT-MUMBAI)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
11 month(s) 13 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
03-05-2022
Appeal Filed By
Assessee
Order Result
Allowed
Bench Allotted
F
Assessment Year
2014-2015
Appeal Filed On
20-05-2021
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SHRI AMARJIT SINGH, ACCOUNTANT MEMBER AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.864/Mum./2021 (Assessment Year : 2014–15) UPS SCS (India) Pvt. Ltd. Bhagwati Compound Plot no.02, Compartment no.10/11 Marol Co–operative Industrial Estate Off M.V. Road, Andheri (East) Mumbai 400 059 PAN – AAACU2488B ................ Appellant v/s Asstt. Commissioner of Income Tax Circle–11(1)(2), Mumbai ................ Respondent Assessee by : Shri Nitesh Joshi, Advocate Revenue by : Shri Achal Sharma, CIT–DR Date of Hearing – 25.04.2022 Date of Order – 04/05/2022 O R D E R PER SANDEEP SINGH KARHAIL, J.M. The present appeal has been filed by the assessee challenging the impugned order dated 30 th March 2021, passed under section 263 of the Income Tax Act, 1961 (for short "the Act") by the Learned Principal Commissioner of Income Tax, Mumbai, for the assessment year 2014–15. UPS SCS (India) Pvt. Ltd. ITA No.864/Mum./2021 2 2. The only grievance of the assessee in the present appeal is against the order dated 30 th March 2021, passed by the learned PCIT under section 263 of the Act. 3. During the course of hearing, at the outset, Shri Nitesh Joshi, learned counsel appearing for the assessee submitted that the Assessing Officer, pursuant to the directions issued by the learned PCIT vide impugned order passed under section 263 of the Act, accepted the contentions of the assessee and made no further disallowance on the issue on which proceedings under section 263 of the Act were initiated and accordingly passed the order dated 27 th March 2022 under section 143 r/w section 263 r/w 144B of the Act. Copy of the said order was furnished by the learned counsel and same was taken on record. 4. In view of the above, we are of the considered opinion that the present appeal by assessee challenging the order passed by learned PCIT under section 263 of the Act is rendered academic in nature and, therefore, is dismissed as infructuous. 5. In the result, appeal by the assessee is dismissed. Order pronounced in the open court on 04/05/2022 Sd/- AMARJIT SINGH ACCOUNTANT MEMBER Sd/- SANDEEP SINGH KARHAIL JUDICIAL MEMBER MUMBAI, DATED: 04/05/2022 UPS SCS (India) Pvt. Ltd. ITA No.864/Mum./2021 3 Copy of the order forwarded to: (1) The Assessee; (2) The Revenue; (3) The CIT(A); (4) The CIT, Mumbai City concerned; (5) The DR, ITAT, Mumbai; (6) Guard file. True Copy By Order Pradeep J. Chowdhury Sr. Private Secretary Assistant Registrar ITAT, Mumbai
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