Shri Shamanur Shivashankarappa , Davangere V. Deputy Commissioner of Income Tax Central Circle-1(3), Bangalore

CO 119/BANG/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0750 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 10 month(s) 25 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 15-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 15-07-2021
• Assessment Year: 2007-2008
• Appeal Filed On: 20-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJAY KUMAR BENGALURU

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N. V. VASUDEVAN, VICE PRESIDENT AND SHRI B. R. BASKARAN , ACCOUNTANT MEMBER ITA NO. 2045 /BANG/20 1 8 ASSESSMENT YEAR : 2007-08 DCIT, CENTRAL CIRCLE 1(3), BENGALURU. VS. MR. SHAMANUR SHIVASHANKARAPPA, #22/1-2, CHIWKIPET, DAVANGERE. PAN : ASMPS 0084 N APPELLANT RESPONDENT C.O. NO.119/BANG/2018 (IN ITA NO. 2045/BANG/2018) ASSESSMENT YEAR : 2007-08 MR. SHAMANUR SHIVASHANKARAPPA, DAVANGERE. PAN : ASMPS 0084 N VS. DCIT, CENTRAL CIRCLE 1(3), BENGALURU. APPELLANT RESPONDENT REVENUE BY : SHRI. SANJAY KUMAR, CIT(DR)(ITAT), BENGALURU. ASSESSEE BY : S MT . SHEETHAL BORKAR , ADVOCATE DATE OF HEARING : 15-07-2021 DATE OF PRONOUNCEMENT : 15-07-2021 O R D E R PER BENCH: THESE ARE APPEALS FILED BY THE REVENUE AND ASSESSEE AGAINST THE ORDER OF CIT(A), DAVANGERE, DATED 23.03.2018, RELATING TO ASSESSMENT YEAR 2007-08. ITA NO.2045/BANG/2018 C.O. NO.119/BANG/2018 PAGE 2 OF 2 2. THE ASSESSEE HAS MOVED AN APPLICATION IN WHICH IT IS STATED THAT THE ASSESSEE HAS APPROACHED FOR SETTLING DISPUTES UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 IN RESPECT OF THE PRESENT APPEALS. THE ASSESSEE HAS ALSO OBTAINED FORM 3 CERTIFICATE CONTAINING PARTICULARS OF TAX ARREARS AND THE AMOUNT PAYABLE IN FORM 3 FROM THE INCOME TAX DEPARTMENT. LEARNED COUNSEL FOR THE ASSESSEE HAS STATED THAT ISSUE IN ASSESSEES APPEAL AS WELL AS REVENUES APPEAL HAS BEEN SETTLED UNDER VIVAD SE VISHWAS SCHEME, 2020. 3. HENCE, BOTH THE APPEALS ARE DISMISSED AS WITHDRAWN. HOWEVER, LIBERTY IS GIVEN TO BOTH THE PARTIES TO SEEK RECALL OF THIS ORDER IN CASE THE DISPUTE DOES NOT ULTIMATELY GET RESOLVED. 4. IN THE RESULT, BOTH THE APPEALS ARE DISMISSED. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/- SD/- BANGALORE, DATED: 15-07-2021. /NS/* COPY TO: 1. APPELLANTS 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE. (B. R. BASKARAN) (N. V. VASUDEVAN) ACCOUNTANT MEMBER VICE PRESIDENT