M/S. SANTA OASIS CITY LLP., MUMBAI v. INCOME TAX OFFICER 21(3)(2), MUMBAI

ITA 5262/MUM/2019 | 2014-2015
Pronouncement Date: 08-03-2021 | Result: Dismissed

Appeal Details

RSA Number 526219914 RSA 2019
Assessee PAN ACLFS3969F
Bench Mumbai
Appeal Number ITA 5262/MUM/2019
Duration Of Justice 1 year(s) 6 month(s) 29 day(s)
Appellant M/S. SANTA OASIS CITY LLP., MUMBAI
Respondent INCOME TAX OFFICER 21(3)(2), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 08-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted SMC
Tribunal Order Date 08-03-2021
Last Hearing Date 08-03-2021
First Hearing Date 08-03-2021
Assessment Year 2014-2015
Appeal Filed On 09-08-2019
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC MUMBAI BEFORE SHRI VIKAS AWASTHY (JUDICIAL MEMBER) AND SHRI N.K. PRADHAN (ACCOUNTANT MEMBER) ITA NO. 5262/MUM/2019 ASSESSMENT YEAR: 2014-15 M/S SANTA OASIS CITY LLP. 1201 PENINSULA BUSINESS PARK TOWER B G K MARG LOWER PAREL (W) MUMBAI-400013. VS. ITO 21(3)(2) 2 ND FLOOR PIRAMAL CHAMBERS PAREL MUMBAI-400012. PAN NO. ACLFS 3969 F APPELLANT RESPONDENT ASSESSEE BY : NONE REVENUE BY : MR. SANJAY J. SETHI DR DATE OF HEARING : 08/03/2021 DATE OF PRONOUNCEMENT : 08/03/2021 ORDER PER N.K. PRADHAN A.M. THIS IS AN APPEAL FILED BY THE ASSESSEE. THE RELEVA NT ASSESSMENT YEAR IS 2014-15. THE APPEAL IS DIRECTED AGAINST THE ORDER O F THE COMMISSIONER OF INCOME TAX (APPEALS)-48 MUMBAI [IN SHORT CIT(A)] AND ARISES OUT OF THE ASSESSMENT COMPLETED U/S 143(3) OF THE INCOME TAX A CT 1961 (THE ACT). 2. THE ASSESSEE/APPELLANT HAS FILED A LETTER DATED 07.03.2021 BEFORE THE TRIBUNAL STATING THAT HAVING OPTED FOR VIVAD SE VIS HWAS SCHEME 2020 THEY HAVE RECEIVED FORM -3 AND THEREFORE THEY MAY BE AL LOWED TO WITHDRAW THE ABOVE APPEAL. WE BROUGHT TO THE ATTENTION OF THE LD. DEPARTMENTA L REPRESENTATIVE THE ABOVE SUBMISSION OF THE APPELLANT. ITA NO. 5262/M/2019 M/S SANTA OASIS CITY LLP 2 3. THE GOVERNMENT OF INDIA ENACTED THE DIRECT TAX V IVAD SE VISHWAS ACT 2020 (ACT NO. 3 OF 2020) TO PROVIDE FOR RESOLUTION OF DISPUTED TAX AND FOR MATTER CONNECTED THEREWITH OR INCIDENTAL THERETO. T HE ACT OF THE PARLIAMENT RECEIVED THE ASSENT OF THE PRESIDENT ON 17.03.2020 AND PUBLISHED IN THE GAZETTE OF INDIA ON 17.03.2020. IN TERMS OF THE SAI D ACT THE ASSESSEE HAS BEEN GIVEN AN OPTION TO PUT AN END TO THE TAX DISPU TES WHICH MAY BE PENDING AT DIFFERENT LEVELS EITHER BEFORE THE FIRST APPELLATE AUTHORITY OR BEFORE THE TRIBUNAL OR BEFORE THE HIGH COURT OR BEF ORE THE SUPREME COURT OF INDIA. CONSIDERING THE LETTER DATED 07.03.2021 FILED BY TH E APPELLANT WE ARE INCLINED TO DISMISS THIS APPEAL AS WITHDRAWN. 4. IN THE RESULT THIS APPEAL IS DISMISSED AS WITHD RAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 08/03/2021 SD/- SD/- ( VIKAS AWASTHY ) (N.K. PRADHAN) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI; DATED: 08/03/2021 RAHUL SHARMA SR. P.S. COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A) - 4. CIT 5. DR ITAT MUMBAI 6. GUARD FILE. BY ORDER //TRUE COPY// (DY./ASSISTANT REGISTRAR) ITAT MUMBAI