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Income Tax Appellate Tribunal, “A” BENCH, MUMBAI
Before: HON’BLE SHRI MAHAVIR SINGH, VP & HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
आयकरअपील सं./ (िनधा"रण वष" / Assessment Year: 2012-13) M/s. Lavasa Diamonds ITO-30(2)(2) A-1001, Keval Tower Pratyakshkar Bhavan बनाम/ 10th Floor, B.J. Patel Marg Bandra Kurla Complex Off, Marve Road Bandra East, Mumbai-400 Vs. Opp. SNDT College, 051 Malad East, Mumbai-400 064 "थायीलेखासं./जीआइआरसं./PAN/GIR No. AADFL-0668-C (अपीलाथ"/Appellant) (""थ" / Respondent) : Assessee by : Shri Ninand Patade-Ld.AR Revenue by : Shri Brajendra Kumar-Ld.DR सुनवाई की तारीख/ : 24/02/2021 Date of Hearing घोषणा की तारीख / : 03/03/2021 Date of Pronouncement आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member)
Aforesaid appeal by assessee for Assessment Year 2012-13 contest the order of learned first appellate authority on certain grounds of appeal
. The assessment was framed by ld. Assessing Officer u/s 143(3) on 30/03/2015. 2 M/s. Lavasa Diamonds Assessment Year: 2012-13
2. The Ld. Counsel for assessee, at the outset, submitted that the assessee has already opted for settlement of dispute under Direct Tax Vivad Se Vishwas Scheme (VVS Scheme), 2020 for the year under consideration and therefore, the appeal may be treated as withdrawn. The Ld. DR did not object to the same.
3. In view of foregoing, the appeal stands dismissed as withdrawn with a liberty to assessee to seek restoration of the appeal in case the aforesaid declaration filed under the scheme is not accepted, for whatever reasons.
4. The appeal stands dismissed as withdrawn.