M/S. VIJAY PAPER PRODUCT, MUMBAI v. INCOME TAX OFFICER 21(3)(5), MUMBAI

ITA 5307/MUM/2019 | 2010-2011
Pronouncement Date: 08-03-2021 | Result: Dismissed

Appeal Details

RSA Number 530719914 RSA 2019
Assessee PAN AAEFV4015A
Bench Mumbai
Appeal Number ITA 5307/MUM/2019
Duration Of Justice 1 year(s) 6 month(s) 25 day(s)
Appellant M/S. VIJAY PAPER PRODUCT, MUMBAI
Respondent INCOME TAX OFFICER 21(3)(5), 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 2010-2011
Appeal Filed On 13-08-2019
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH SMC MUMBAI ! '# '$ BEFORE VIKAS AWASTHY JUDICIAL MEMBER & SHRI N.K.PRADHAN ACCOUNTANT MEMBER . 5307/ / 2019 (. . 2010-11 ) ITA NO.5307/MUM/2019(A.Y.2010-11) M/S. VIJAY PAPER PRODUCT 259-A PUPALA SADAN DR.A.B.ROAD WORLI MUMBAI 400 025. PAN: AAEFV4015A ...... ) / APPELLANT VS. THE INCOME TAX OFFICER 21(3)(5) ROOM NO.117 1 ST FLOOR PIRAMAL CHAMBERS PAREL MUMBAI 400 012 ..... !*/ RESPONDENT ASSESSEE BY : LETTER DATED 08/03/2021 REVENUE BY : SHRI SANJAY J. SETHI +* / DATE OF HEARING : 08/03/2021 -. +* / DATE OF PRONOUNCEMENT : 08/03/2021 '/ ORDER PER VIKAS AWASTHY J.M: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF COMMISSIONER OF INCOME TAX (APPEALS)-48 MUMBAI ( IN SHORT THE CIT (A)) DATED 31/05/2019 FOR THE ASSESSMENT YEARS 2010-11. 2. A LETTER DATED 08/03/2021 HAS BEEN RECEIVED FROM THE ASSESSEE STATING THAT THE ASSESSEE HAS OPTED FOR VIWAD SE VISHWAS SCHEME 2020( IN SHORT VSVS). 3. SHRI SANJAY SINGH REPRESENTING THE DEPARTMENT S TATED THAT THE DEPARTMENT HAS NO OBJECTION IF THE ASSESSEE WANT TO AVAIL THE BENEFIT OF VSVS. 2 . 5307/ / 2019 (. . 2010-11 ) ITA NO.5307/MUM/2019(A.Y.2010-11) 4. IN VIEW OF THE FACT THAT THE ASSESSEE HAS OPTE D FOR VSVS AND HAS ALREADY FILED DECLARATION THE APPEAL BY ASSESSEE IS DISMISS ED AT THIS STAGE. 5. LIBERTY IS GRANTED TO THE ASSESSEE TO REVIVE THE APPEAL IN THE EVENT DECLARATION FILED BY THE ASSESSEE UNDER VSVS FAILS TO MATURE. I T IS FURTHER MADE CLEAR THAT IF THE ASSESSEE /APPELLANT SEEKS TO RESTORE THE APPEAL IN THE EVENT ASSESSEES DECLARATION MADE UNDER VSVS IS NOT ACCEPTED THE REGISTRY SHALL NOT INSIST FOR FILING OF APPLICATION FOR CONDONATION OF DELAY IF THE MISCELLANEOUS APPLICAT ION FOR RECALLING THE ORDER IS FILED BEYOND TIME ON ACCOUNT OF DELAY IN COMMUNICATION OF OUTCOME UNDER VSVS. [ RE. M/S. NANNUSAMY MOHAN(HUF) VS. ACIT IN T.C.A NO.372 OF 20 20 DECIDED ON 16/10/2020 BY HONBLE MADRAS HIGH COURT] 6. IN THE RESULT APPEAL BY ASSESSEE IS DISMISSE D WITH THE LIBERTY AFORESAID. ORDER PRONOUNCED IN THE OPEN COURT ON MONDAY THE 8 TH DAY OF MARCH 2021. SDF/- SD/- (N.K.PRADHAN) (VIKAS AWAST HY) '# / ACCOUNTANT MEMBER / JUDICIAL MEMBER / MUMBAI 0/ DATED 08/03/2021 VM SR. PS (O/S) !*12'.* COPY OF THE ORDER FORWARDED TO : 1. ) / THE APPELLANT 2. !* / THE RESPONDENT. 3. 3* ( )/ THE CIT(A)- 4. 3* CIT 5. 45!* . . . / DR ITAT MUMBAI 6. 56789 / GUARD FILE. BY ORDER //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT MUMBAI 3 . 5307/ / 2019 (. . 2010-11 ) ITA NO.5307/MUM/2019(A.Y.2010-11) DETAILS DATE INITIALS DESIGNATION 1 DRAFT DICTATED ON SR.PS/PS 2 DRAFT PLACED BEFORE AUTHOR SR.PS/PS 3 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM/AM 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS/PS 7. FILE SENT TO THE BENCH CLERK SR.PS/PS 8 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK 9 DATE OF DISPATCH OF ORDER