UTV SOFTWARE COMMUNICATIONS PRIVATE LIMITED,MUMBAI V. ASSESSMENT UNIT. NATIONAL FACELESS ASSESSMENT CENTRE. INCOME TAX DEPARTMENT. , MUMBAI

ITA 1011/MUM/2023

AI Insights

The case involved UTV Software Communications Private Limited appealing against a final assessment order for the assessment year 2019-20, which was passed under sections 143(3) and 144C(13) of the Income-tax Act, 1961. The appeal was scheduled for a hearing on July 17, 2025. However, the appellant decided to withdraw the appeal as they opted for the VSV Scheme, a scheme for the settlement of tax disputes. The tribunal accepted the withdrawal request following the submission of necessary forms and documents by the appellant, including Form 3 and Form 4, which confirmed the settlement of tax arrears under the scheme.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 708484 (ITAT-MUMBAI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-07-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Assessment Year: 2019-2020
• Laws Referred To: Income-tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PANKAJ KUMAR
• Assessee Lawyers: SIMRAN KESWANI VIRTUALLY
• Section: 143(3)

Judgement Text

" IN THE INCOME TAX APPELLATE TRIBUNAL, ‘J’ BENCH MUMBAI BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER & SMT RENU JAUHRI, ACCOUNTANT MEMBER ITA No.1011/Mum/2023 (Assessment Year :2019-20) UTV Software Communications Private Limited Star House, Urmi Estate 95, Ganpatrao Kadam Marg Lower Parel (W) Mumbai – 400 013 Vs. Assessment Unit, National Faceless Assessment Centre Income Tax Department PAN/GIR No.AAACU4122G (Appellant) .. (Respondent) Assessee by Ms. Simran Keswani(Virtually Present) Revenue by Shri Pankaj Kumar, CIT DR Date of Hearing 17/07/2025 Date of Pronouncement 17/07/2025 आदेश / O R D E R PER AMIT SHUKLA (J.M): The aforesaid appeal has been filed by the assessee against final assessment order dated 31/01/2023 passed u/s.143(3) r.w.s. 144C(13) for the A.Y.2019-20 in pursuance of direction given by the DRP dated 27/12/2022. 2. Ld. Counsel for the assessee in his letter dated 10/07/2025 has requested for withdrawal of the appeal which reads as under:- ITA No. 1011/Mum/2023 UTV Softward Communications Private Limited 2 “The captioned appeal was filed by the Appellant on 29 March 2023 before the Hon'ble Income Tax Appellate Tribunal, ('ITAT') Mumbai, J Bench under Section 253 of the Income-tax Act, 1961 ('Act') against the order of Assessing Officer under section 143(3) read with section 144C(13) of the Act dated 31 January 2023. The captioned appeal is scheduled for a hearing on 17 July 2025. In this connection, as submitted earlier, the Appellant respectfully once again submits that it had opted for settlement of the captioned appeal under the VSV Scheme. In view thereof, the Appellant vide letter dated 27 May 2025 had filed the application for withdrawal of the captioned appeal before the Hon'ble Bench. A copy of the said withdrawal application is enclosed herewith as Annexure 1. Subsequently, a copy of the said application along with Form 3 dated 30 May 2025 was filed by the Appellant with the Designated Authority. A copy of Form 3 is enclosed herewith as Annexure 2. The Appellant would like to inform the Hon'ble Bench that it is in receipt of the order dated 12 June 2025 in Form 4 for full and final settlement of tax arrears under section 92(2) read with section 93 of VSV Scheme. A copy of Form 4 is enclosed herewith as Annexure 3. In view of the above, as the captioned appeal is now settled under the VSV Scheme, we request your Honour to consider our request for withdrawal of the appeal and to pass a consequential order considering the appeal as withdrawn. We humbly request your Honour to take the above on record and oblige.” 3. Ld. DR does not have any objection. 4. In view of the above, we accept the request of the ld. Counsel of the assessee for withdrawal of the aforesaid appeal. ITA No. 1011/Mum/2023 UTV Softward Communications Private Limited 3 5. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced on 17th July, 2025. Sd/- (RENU JAUHRI) Sd/- (AMIT SHUKLA) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai; Dated 17/07/2025 KARUNA, sr.ps Copy of the Order forwarded to : BY ORDER, (Asstt. Registrar) ITAT, Mumbai 1. The Appellant 2. The Respondent. 3. CIT 4. DR, ITAT, Mumbai 5. Guard file. //True Copy// "