MARITIME VANGUARD PTE LTD. ,MUMBAI vs. DCIT (INTERNATIONAL TAXATION) -3(2)(1), MUMBAI, MUMBAI
In the result, the appeal filed by the assessee is hereby allowed for statistical purposes
ITA 5999/MUM/2019[2016-17]Status: DisposedITAT Mumbai07 Aug 2020AY 2016-17
Bench: Shri Pramod Kumar, Vp & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No.5999/Mum/2019 (निर्धारण वर्ा / Assessment Year: 2016-17) Maritime Vanguard Pvt. Ltd. बिधम/ Dcit (International C/O Srbc & Associates, Taxation)-3(2)(1) Vs. Llp, 14Th Floor, The Ruby, Room No.1615, 16Th Floor, 29 Senapati Bapat Marg, Air India Building, Nariman Dadar (W), Mumbai-400028. Point, Mumbai-400021. स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aajcm3609F (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Assessee By: Shri M. P. Lohia (Ar) Revenue By: Shri Sanjay Singh (Dr) सुनवाई की तारीख / Date Of Hearing: 06/02/2020 घोषणा की तारीख /Date Of Pronouncement: 07/08/2020 आदेश / O R D E R Per Amarjit Singh, Jm: The Assessee Has Filed The Present Appeal Against The Assessment Order Passed U/S.144C(1) Of The Income Tax Act, 1961 ( In Short “The Act”) In Pursuance Of The Directions Of Dispute Resolution Panel – 3, Mumbai [Hereinafter Referred To As The “Drp”] Dated 27.06.2019 Relevant To The A.Y. 2016-17. 2. The Assessee Has Raised The Following Grounds: - “General 1. Erred In Assessing Total Income At Rs39,66,00,300 As Against Returned Income Of Rs Nil; Taxability Under The Income Tax Act. 1961 ('Act) A.Y.2016-17
For Appellant: Shri M. P. Lohia (AR)For Respondent: Shri Sanjay Singh (DR)
Section 143(2)Section 144C(1)Section 234BSection 271(1)(c)Section 44BSection 9Section 9(1)(vi)
penalty proceedings under section 271(1)(c) of the Act.
The above grounds of appeal are mutually exclusive and without prejudice to one another. The Appellant craves leave to add/ alter/
amend/ delete/ withdraw any or all of the grounds at or before the hearing of the appeal so as to enable the Income tax Appellate
Tribunal to decide