REDIFF.COM INDIA LTD., MUMBAI v. ACIT- CIRCLE -8(1)(1), MUMBAI

ITA 3199/MUM/2018 | 2013-2014
Pronouncement Date: 11-03-2021 | Result: Dismissed

Appeal Details

RSA Number 319919914 RSA 2018
Assessee PAN AAACR2762F
Bench Mumbai
Appeal Number ITA 3199/MUM/2018
Duration Of Justice 2 year(s) 9 month(s) 27 day(s)
Appellant REDIFF.COM INDIA LTD., MUMBAI
Respondent ACIT- CIRCLE -8(1)(1), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 11-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 11-03-2021
Last Hearing Date 08-07-2019
First Hearing Date 11-03-2021
Assessment Year 2013-2014
Appeal Filed On 14-05-2018
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL E BENCH MUMBAI BEFORE SHRI PAVAN KUMAR GADALE JUDICIAL MEMBER & SHRI MANOJ KUMAR AGGARWAL ACCOUNTANT MEMBER ITA NO. 3199/MUM/2018 (A.Y: 2013-14) REDIFF.COM INDIA LTD 1 ST FLOOR MAHALAXMI ENGINEERING MAHIM (W) MUMBAI. VS. ACIT 8(1)(1) AAYAKAR BHAVAN MK ROAD MUMBAI. ./ ./ PAN/GIR NO. : AAACR2762F APPELLANT .. RESPONDENT APPELLANT BY : SHRI RAVI CH. AR RESPONDENT BY : SHRI VIJAY KUMAR SUBRAMANIYAM SR. DR DATE OF HEARING 11 .0 3 .2021 DATE OF PRONOUNCEMENT 11 .0 3 .2021 / O R D E R PER PAVAN KUMAR GADALE: THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE OR DER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 14 MUMBAI PASSED U/S. 143(3) AND 250 OF THE INCOME TA X 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. THE LD.AR HAS FILED A LETTER ON 10.03.2021 MENTIONING THAT ITA NO. 3199/MUM/2018 REDIFF.COM MUMBAI - 2 - THE ASSESSEE IS INTENDED TO SETTLE THE TAX LITIGAT ION BY OPTING FOR VIVAD SE VISHWAS SCHEME 2020(VSVS2020) CONTRA THE LD. DR HAS NO OBJECTIONS. 3. WE HEARD THE RIVAL SUBMISSIONS AND PERUSED THE MATERIAL ON RECORD. SINCE THE ASSESSEE HAS OPTED F OR VIVAAD SE VISHWAS SCHEME 2020 AND THE LD.AR HAS F ILED THE LETTER. WE ARE OF THE VIEW THAT NO PURPOSE WIL L 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 ACCORDINGLY WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN AND THE ASSESSEE IS GIVEN LIBERTY TO MOVE AN APPLICATION U/ S 254(2) OF THE ACT TO RECALL THE PRESENT ORDER IN AC CORDANCE WITH THE PROVISIONS OF LAW. 4. IN THE RESULT THE APPEAL FILED BY THE ASSESSE E IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 11.03.2021 SD/- SD/- (MANOJ KUMAR AGGARWAL) (PAVAN KUMAR GADALE) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI DATED 11.03.2021 KRK PS ITA NO. 3199/MUM/2018 REDIFF.COM MUMBAI - 3 - / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. / THE CIT(A) 4. ( ) / CONCERNED CIT 5. '#$%&&' )* / DR ITAT MUMBAI 6. %-./0 / GUARD FILE. / BY ORDER '& //TRUE COPY// 1. ( ASST. REGISTRAR) ITAT MUMBA I