SYNGENTA CROP PROTECTION P.LTD, PUNE v. ACIT 1(3)(1), MUMBAI

ITA 6214/MUM/2017 | 2012-2013
Pronouncement Date: 24-03-2021 | Result: Allowed

Appeal Details

RSA Number 621419914 RSA 2017
Assessee PAN AAACZ0193L
Bench Mumbai
Appeal Number ITA 6214/MUM/2017
Duration Of Justice 3 year(s) 5 month(s) 13 day(s)
Appellant SYNGENTA CROP PROTECTION P.LTD, PUNE
Respondent ACIT 1(3)(1), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 24-03-2021
Appeal Filed By Assessee
Order Result Allowed
Bench Allotted E
Tribunal Order Date 24-03-2021
Last Hearing Date 17-01-2019
First Hearing Date 10-11-2020
Assessment Year 2012-2013
Appeal Filed On 11-10-2017
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH MUMBAI BEFORE SHRI SHAMIM YAHYA ACCOUNTANT MEMBER & SHRI PAVAN KUMAR GADALE JUDICIAL MEMBER ITA NO. 6214/MUM/2017 (A.Y: 2012-13) SYNGENTA CROP PROTECTION P LTD. AMAR PARADIGAM SURVEY NO. 110/11/13 BANER ROAD PUNE 411045. VS. ACIT 1(3)(1) RM NO. 540 5 TH FLOOR AAYAKAR BHAVAN MK MARG MUMBAI ./ ./ PAN/GIR NO. : AAACZ0193L APPELLANT .. RESPONDENT APPELLANT BY : SHRI NEMIN SHAH AR RESPONDENT BY : SHRI DINESH PARUCHU SR. DR DATE OF HEARING 22 .0 3 .2021 DATE OF PRONOUNCEMENT 24 .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) - 03 MUMBAI PASSED U/S. 143(3) AND 250 OF THE INCOME TA X ACT 1961. 2. AT THE TIME HEARING THE LD.AR HAS FILED A LETTE R DATED 08-03-2021 EXPLAINING THAT THE ASSESSEE IS INTEND T O SETTLE THE TAX LITIGATION BY OPTING FOR VIVAD SE V ISHWAS SCHEME 2020(VSVS2020) AND FILED AN APPLICATION IN ITA NO. 6214/MUM/2017 SYNGETA CROP PROTECTION PVT LTD. MUMBAI - 2 - FORM NO. 1 & 2 UNDER VSVS RULES 2020. CONTRA THE L D. 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 A LETTER DT 08-03-2021 MENTIONING THAT THE ASSESSEE HAS APPLIED UNDER VSVS 2020 AND HAS RECEIVED FORM-3 FRO M THE INCOME TAX DEPARTMENT. WE ARE OF THE VIEW THAT NO PURPOSE WILL BE SERVED IN KEEPING THE APPEAL PENDIN G. ACCORDINGLY WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN AND THE ASSESSEE IS GIVEN LIBERTY TO MOVE AN APPLICATION U/S 254(2) OF THE ACT TO RECALL THE PRE SENT ORDER AS PER PROVISIONS OF LAW. 4. IN THE RESULT THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 24.03.2021 SD/- SD/- (SHAMIM YAHYA) (PAVAN KUMAR GADA LE) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI DATED 24.03.2021 KRK PS ITA NO. 6214/MUM/2017 SYNGETA CROP PROTECTION PVT LTD. 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 MUMBAI