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Income Tax Appellate Tribunal, “D” BENCH, MUMBAI
IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI M. BALAGANESH, ACCOUNTANT MEMBER & SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER (A.Y: 2013-14) बनाम/ Rabo India Finance Asst. Commissioner of Limited (Now merged Income Tax, Vs. with Rabo India Circle – 1(3) (1), Securities Private Room No. 540, 5th Floor, Limited), Aayakar Bhavan, 20th Floor, Tower-A, M.K. Road, Peninsula Bapat Marg, Mumbai - 400020 Lower Parel, Mumbai - 400013 �थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAACR6065R (अपीलाथ� /Appellant) .. (��यथ� / Respondent) अपीलाथ� ओर से / Shri Nitesh Joshi, AR Appellant by : ��यथ� क� ओर Shri Bharat Andhle, DR से/Respondent by : सुनवाई क� तारीख / Date of 17/02/2021 Hearing घोषणा क� तारीख /Date of 17/02/2021 Pronouncement आदेश / O R D E R PER PAVAN KUMAR GADALE:
Rabo India Finance Ltd. - 2 - This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Appeals) - 57, Mumbai, passed u/s. 143 (3 )r.w.s. 144C of the Income Tax Act, 1961.
2. At the time hearing, the Ld. AR of the assessee submitted that the assessee is intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’(VSVS2020) and filed an application in Form No. 1 & 2 under VSVS Rules 2020. Contra, the Ld. DR has no objections.
We heard the rival submissions and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and has filed the application as mentioned by the Ld.AR. We are of the view that, no purpose will be served in keeping the appeal pending. Accordingly, we dismiss the appeal of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order in accordance with the provisions of law.
Rabo India Finance Ltd. - 3 - 4. In the result, the appeal filed by the assessee is dismissed.
Order pronounced in the open court on 17.02.2021.
Sd/- Sd/- (M. BALAGANESH) (PAVAN KUMAR GADALE) ACCOUNTANT MEMBER JUDICIAL MEMBER Mumbai, Dated 17.02.2021 AK, PS आदेश क� �ितिलिप अ�ेिषत/Copy of the Order forwarded to : 1. अपीलाथ� / The Appellant 2. ��यथ� / The Respondent. 3. संबंिधत आयकर आयु� / The CIT(A) 4. आयकर आयु�(अपील) / Concerned CIT िवभागीय �ितिनिध, आयकर अपीलीय अिधकरण, मुंबई / DR, ITAT, Mumbai 5. 6. गाड� फाईल / Guard file. आदेशानुसार/ BY ORDER, स�यािपत �ित //True Copy// 1. उप/सहायक पंजीकार ( Asst. Registrar) आयकर अपीलीय अिधकरण, मुंबई / ITAT, Mumbai
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