ITAT has dismissed the appeals of Ananda film & telecommunication P. Ltd, since it intends to settle the same through Vivad Se Vishwas Scheme 2020.

Last updated: 22 January 2021

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The Income Tax Appellate Tribunal (ITAT) in Mumbai has dismissed two appeals filed by Anand Film & Telecommunication P. Ltd. The company had filed these appeals against orders concerning penalties under Section 271(1)(c) of the Income Tax Act. The dismissal is due to the company's intention to settle these matters through the Vivad Se Vishwas Scheme 2020.

Court :
ITAT Mumbai

Brief :
The assessee has filed these two appeals againstthe separate orders of Commissioner of Income Tax(Appeals) - 4, Mumbai, passed u/s. 271(1)(c) of the Income Tax Act, 1961.

Citation :
ITA 3118/MUM/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
“A” BENCH, MUMBAI

BEFORE SHRI PRAMOD KUMAR, VICE PRESIDENT &
SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER

ITA Nos. 3118 & 3119/Mum/2019
(A.Ys: 2011-12 & 2010-11)

Anand Film &
Telecommunication P. Ltd.,
1101 Raheja Classique,
Building No. 3, New Link
Road, Andheri (W),
Mumbai – 400053
PAN/GIR No. : AADCA0599E
Appellant

Vs.

ACIT, Circle – 16(1)
Aayakar Bhavan, M.K
Road, Mumbai.
Respondent

Appellant by : Shri Ashok Mehta, AR
Respondent by : Shri Brajendra Kumar, DR

Date of Hearing 01/01/2021
Date of Pronouncement 01/01/2021

O R D E R

PER BENCH:

The assessee has filed these two appeals againstthe separate orders of Commissioner of Income Tax(Appeals) - 4, Mumbai, passed u/s. 271(1)(c) of the Income Tax Act, 1961.

2. At the time of hearing, the Ld. Counsel for theassessee submitted that there is a delay of 54 days in filing the appeals before the Hon’ble Tribunal andfiled the affidavit for condonation of delay. We foundthe facts mentioned in the affidavit are reasonable and accordingly condone the delay and admit the appeals. Contra, Ld. DR has no specific objection.

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FAQ :

The Income Tax Appellate Tribunal (ITAT) dismissed the appeals filed by Anand Film & Telecommunication P. Ltd.

The company appealed against separate orders passed by the Commissioner of Income Tax (Appeals) - 4, Mumbai, under Section 271(1)(c) of the Income Tax Act, 1961.

The appeals were dismissed because the assessee, Anand Film & Telecommunication P. Ltd., intends to settle the matters through the Vivad Se Vishwas Scheme 2020.

The Vivad Se Vishwas Scheme 2020 is a scheme intended for settling tax disputes.