STERLING HOLIDAY RESORTS LIMITED,TAMIL NADU vs. DEPUTY COMMISSIONER OF INCOME TAX 2(3)(1), MUMBAI
IN THE INCOME-TAX APPELLATE TRIBUNAL “B” BENCH,
MUMBAI
BEFORE SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER
&
SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER
ITA 842/MUM/2024
(A.Y. 2013-14)
Sterling
Holiday
Resorts
Limited, 236, 4th Floor, Purva
Primus,
Okkiyampettal,
Old
Mahabalipuram Road,
Thoraipakkam,
Chennai
–
600 097, Tamil Nadu v/s.
बनाम
Deputy
Commissioner of Income
Tax,
Circle
–
2(3)(1), Room No. 552, 5th
Floor, AayakarBhavan, M.K.
Road, New Marine Lines,
Mumbai
–
400020,
Maharashtra
स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AABCT7079G
Appellant/अपीलार्थी
..
Respondent/प्रतिवादी
Appellant by :
Ms.Riya Shah, AR
Respondent by :
Shri Leyaqat Ali Aafaqui (Sr. AR)
Date of Hearing
15.04.2025
Date of Pronouncement
25.04.2025
आदेश / O R D E R
PER PRABHASH SHANKAR [A.M.] :-
The present appeal arising from the appellate order dated
29.12.2023 is filed by the assessee company against the order passed by the Learned Commissioner of Income-tax (Appeals)/National Faceless
Appeal Centre, Delhi [hereinafter referred to as “CIT(A)”] pertaining to assessment order u/s. 143(3) of the Income-tax Act, 1961 [hereinafter referred to as “Act”] dated 30.03.2016 as passed by the Income Tax
Officer, Ward-2(3)(3), Mumbai for the Assessment Year [A.Y.] 2013-14. P a g e | 2
A.Y. 2013-14
Sterling Holiday Resorts Limited
In the grounds of appeal, the assessee agitated disallowance of Legal and professional expenditure and also disallowance of Bad Debts as made by the ld.AO while passing the assessment order u/s 143(3) of the Act. 3. When the case was called out for hearing today, the ld. Authorised Representative of the assessee intimated that the company had opted for Direct Tax-Vivad Se Vishwas Scheme, 2024 for the relevant assessment year. In this regard Form no.1, being the Form for filing declaration under sub-section(1) and undertaking under sub- section(4) of section 91 of the Finance Act(No.2) Act 2024 filed by the assessee under the above scheme are placed on record. In view of these facts, the impugned appeal is treated as withdrawn and accordingly dismissed. However, the assessee is allowed the liberty to revive it again, in case of non-acceptance of its application under the above scheme by the Revenue.
P a g e | 3
A.Y. 2013-14
Sterling Holiday Resorts Limited
In the result, the appeal having been withdrawn is treated as dismissed. Order pronounced in the open court on 25/04/2025. NARENDER KUMAR CHOUDHRY PRABHASH SHANKAR (न्याययक सदस्य /JUDICIAL MEMBER) (लेखाकार सदस्य/ACCOUNTANT MEMBER)
Place: म ुंबई/Mumbai
ददनाुंक /Date 25.04.2025
Lubhna Shaikh / Steno
आदेश की प्रयियलयि अग्रेयिि/Copy of the Order forwarded to :
1. अपीलार्थी / The Appellant
2. प्रत्यर्थी / The Respondent.
3. आयकर आयुक्त / CIT
4. विभागीय प्रविविवि, आयकर अपीलीय अविकरण DR, ITAT,
Mumbai
5. गार्ड फाईल / Guard file.
सत्यावपि प्रवि ////
आदेशानुसार/ BY ORDER,
उि/सहायक िंजीकार (Dy./Asstt.