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Income Tax Appellate Tribunal - Mumbai

Oracle Plastics Private Limited, ... vs Acit, Palghar Circle, Palghar on 26 February, 2021

                        INCOME TAX APPELLATE TRIBUNAL
                           MUMBAI 'C' BENCH, MUMBAI

                       [Coram: Pramod Kumar, Vice President and
                            Amarjit Singh, Judicial Member]

                            ITA Nos. 2852 & 2853/Mum/2019
                           Assessment Years: 2008-09 & 2010-11



Oracle Plastics Private Limited                             .......................... Appellant
Survey No. 224/3/4, Oracle House,
Village Khupari Taluka Wada,
Palghar-421 312
[PAN: AAACO 5675 J]


Vs.

Income Tax Officer-2
Pahghar                                                      ......................Respondent

Appearances:
Withdrawal letter dated 18.02.2021 for the appellant
Brajendra Kumar for the respondent

Date of concluding the hearing:      : February 26, 2021
Date of pronouncement                : February 26, 2021


                                       O R D E R

Per Bench :

1. The assessee has moved petition seeking withdrawal of the appeal on the ground that the matter is settled under Vivad Se Vishwas Scheme 2020.
2. Learned Departmental Representative does not oppose the prayer so made by the assessee.
3. There is no dispute that once the matter is resolved under Vivad Se Vishwas Scheme 2020, the related appeal is required to be withdrawn.
4. In view of the above position, as also bearing in mind entirety of the case, we deem it fit and proper to dismiss the appeal as withdrawn.

ITA Nos. 2852 & 2853/Mum/2019 Assessment Years: 2008-09 & 2010-11 Page 2 of 3

5. In the result, the appeal is dismissed as withdrawn. Pronounced in the open court today on the 26th day of February, 2021.

       Sd/-                                                                   Sd/-
Amarjit Singh                                                           Pramod Kumar
(Judicial Member)                                                       (Vice President)

Mumbai, dated the 26 th day of February, 2021 Roshani, Sr. PS Copies to: (1) The Applicant (2) The respondent (3) CIT (4) CIT(A) (5) DR (6) Guard File By order True Copy Assistant Registrar Income Tax Appellate Tribunal Mumbai benches, Mumbai