M/S KAPADIA REALTORS PVT. LTD.,MUMBAI vs ITO 10(1)(3), MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCH “H” MUMBAI

For Respondent: Shri Shiddaramappa K., D.R

Hearing: 14/10/2021Pronounced: 14/10/2021

ORDER PER RAVISH SOOD, J.M: The present appeal filed by the assessee is directed against the order passed by the CIT(A)- 17, Mumbai, dated 15.02.2019, which in turn arises from the assessment order passed by the A.O under Sec. 143(3) of the Income-tax Act, 1961, dated 29.12.2016 for assessment year 2014-15.

The assessee has filed a letter dated 15.09.2021 intimating that it had filed application under the Direct the Tax Vivad se Vishwas, Act, 2020, in order to settle the aforesaid matter pending before the Tribunal. It is stated by the assessee that it has received ‘Form 3’ (copy enclosed) from the designated authority. Also, copy of ‘Form 4’ intimating the payment made under sub-section (2) of Sec. 5 of the Direct Tax Vivad Vishwas Act, 2020 (3 of 2020) had also been enclosed. It is stated by the assessee that in the backdrop of the aforesaid facts, the appeal filed by the assessee having been rendered as infructuous may be allowed to be withdrawn.

The ld. D.R did not controvert the aforesaid factual position as had been stated before us.

2 M/s Kapadia Realtors Pvt. Ltd. Vs. ITO-10(1)(3)

M/S KAPADIA REALTORS PVT. LTD.,MUMBAI vs. ITO 10(1)(3), MUMBAI