OVERSEAS POLYMERS PRIVATE LIMITED, MUMBAI vs ACIT 10(3)(1), MUMBAI

Last updated: 23 December 2020

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This Income Tax Appellate Tribunal case involved an appeal by Overseas Polymers Private Limited against the Assistant Commissioner of Income Tax. During the hearing, the assessee's counsel indicated that the first three grounds of appeal would not be pursued due to the small amounts involved. Consequently, the Tribunal dismissed these grounds as not pressed.

Court :
ITAT Mumbai

Brief :
The appeal filed by the assessee is directed against the order passed by the Assistant Commissioner of Income Tax, 10(3)(1), Mumbai u/s 143(3) r.w.s. 144C(3) of the Income Tax Act, 1961 (the Act).

Citation :
ITA No. 6754/MUM/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCH “J” MUMBAI

BEFORE SHRI SAKTIJIT DEY (JUDICIAL MEMBER) AND
SHRI N.K. PRADHAN (ACCOUNTANT MEMBER)
ITA No. 6754/MUM/2018
Assessment Year: 2013-14

Overseas Polymers Private
Limited,
A-41, Vinmar House, MIDC
Road No. 2, Andheri East,
Mumbai-400093.
Appellant

Vs.

The ACIT-10(3)(1),
Mumbai-400021.
PAN No. AAACV1895M
Respondent
Assessee by : Mr. Dhanesh Bafna, AR
Revenue by : Mr. Manpreet Duggal, DR

Date of Hearing : 17/12/2020
Date of pronouncement : 17/12/2020

ORDER

PER N.K. PRADHAN, A.M.

The appeal filed by the assessee is directed against the order passed by the Assistant Commissioner of Income Tax, 10(3)(1), Mumbai u/s 143(3) r.w.s. 144C(3) of the Income Tax Act, 1961 (the Act).

2. In the beginning of hearing, the Ld. counsel for the appellant submits that the 1st, 2nd and 3rd grounds of appeal are not pressed only due to smallness of the amount. Having heard the above contentions and examined the facts of the case, the above grounds of appeal are dismissed as not pressed due to smallness of amount.

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