DONTHI REDDY RAJASEKHRA REDDY,GUNTUR V. .INCOME TAX OFFICER, WARD-2(1), GUNTUR

ITA 280/VIZ/2024

AI Insights

The case involves an appeal by Donthi Reddy Rajasekhara Reddy against an order passed under section 147 of the Income Tax Act, 1961, for the assessment year 2015-16. The appeal was filed against the order of the Learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi. The assessee's representative informed the tribunal of the assessee's decision to withdraw the appeal following the opt-in to the 'Vivad Se Viswas' scheme, a government initiative aimed at resolving pending tax disputes. Both parties agreed to the withdrawal, leading to the dismissal of the appeal as withdrawn.

• Counselvise Citation: [2024] 140 COUNSELVISE.COM (IT) 46563 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 5 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-12-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 08-07-2024
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

"आयकर अपीलीय अधिकरण, धिशाखापटणम पीठ, धिशाखापटणम IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM “SMC” BENCH, VISAKHAPATNAM (HYBRID HEARING) श्री क े.नरधिम्हा चारी, न्याधयक िदस्य एिं श्री एि बालाक ृष्णन, लेखा िदस्य क े िमक्ष BEFORE SHRI K. NARASIMHA CHARY, HON’BLE JUDICIAL MEMBER & SHRI S BALAKRISHNAN, HON’BLE ACCOUNTANT MEMBER आयकर अपील सं./I.T.A.No.280/VIZ/2024 (निर्धारण वर्ा/ Assessment Year: 2015-16) Donthi Reddy Rajasekhara Reddy D.No. 3-69, Kotturu Tadepalli Mandalam Guntur – 522503 Andhra Pradesh [PAN: BUAPD1092C] v. ITO – Ward – 2(1) Income Tax Office Lakshmipuram Main Road Guntur – 522006 Andhra Pradesh (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) करदाता का प्रतततितित्व/ Assessee Represented by : Shri GVN Hari, AR राजस्व का प्रतततितित्व/ Department Represented by : Shri K. Srinivasu, Sr.AR सुिवाई समाप्त होिे की ततति/ Date of Conclusion of Hearing : 10.12.2024 घोर्णध की तधरीख/Date of Pronouncement : 10.12.2024 आदेश /O R D E R PER SHRI S BALAKRISHNAN, ACCOUNTANT MEMBER: 1. This appeal is filed by the assessee against the order of Learned Commissioner of Income Tax (Appeals), National Faceless Appeal centre, Delhi [hereinafter in short “Ld.CIT(A)”] vide DIN & Order No. ITBA/NFAC/S/250/2024-25/1064694497(1) dated 07.05.2024 for the I.T.A.No.280/VIZ/2024 Donthi Reddy Rajasekhara Reddy Page No. 2 A.Y.2015-16 arising out of order passed under section 147of the Income Tax Act, 1961 (in short ‘Act’) dated 31.03.2022. 2. At the outset, Ld.AR submitted before us that the assessee desires to withdraw his appeal as he has opted to avail ‘Vivad Se Viswas’ scheme and accordingly, the assessee has filed Form No.1. It was therefore, pleaded that the appeal of the assessee may be allowed to be withdrawn. 3. The Ld. DR conceded to the request of the Ld.AR. 4. Having heard both the parties, we are inclined to allow the appeal of the assessee to be withdrawn yielding to the prayer of the Ld.AR and accordingly, hereby dismiss the appeal as withdrawn. However, we also make it clear that, if the assessee’s case is not accepted in the Vivad Se Viswas scheme by the Revenue for whatsoever may be the reason, then the assessee shall be at liberty to file a Miscellaneous Petition before the Tribunal within the time limit prescribed under the Act to reinstate the appeal. It is ordered accordingly. 5. In the result, the appeal of assessee is dismissed as withdrawn. Order pronounced in the open court on the conclusion of the hearing on 10th December, 2024. Sd/- (क े.नरधिम्हा चारी) (K. NARASIMHA CHARY) न्याधयक िदस्य/JUDICIAL MEMBER Sd/- (एि बालाक ृष्णन) (S. BALAKRISHNAN) लेखा िदस्य/ACCOUNTANT MEMBER Dated:10.12.2024 Giridhar, Sr.PS I.T.A.No.280/VIZ/2024 Donthi Reddy Rajasekhara Reddy Page No. 3 आदेश की प्रनतनलनप अग्रेनर्त / Copy of the order forwarded to:- 1. निर्धाररती/ The Assessee : Donthi Reddy Rajasekhara Reddy D.No. 3-69, Kotturu Tadepalli Mandalam Guntur – 522503 Andhra Pradesh 2. रधजस्व/ The Revenue : ITO – Ward – 2(1) Income Tax Office Lakshmipuram Main Road Guntur – 522006 Andhra Pradesh 3. The Principal Commissioner of Income Tax 4. नवभधगीय प्रनतनिनर्, आयकर अपीलीय अनर्करण, नवशधखधपटणम /DR,ITAT, Visakhapatnam 5. The Commissioner of Income Tax 6. गधर्ा फ़धईल / Guard file //True Copy// आदेशधिुसधर / BY ORDER Sr. Private Secretary ITAT, Visakhapatnam "