Penumetcha Anand Gajapathi Raju (HUF), Hyd, Hyderabad V. ITO, Ward-14(2), HYd, Hyderabad

ITA 1058/HYD/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7214 (ITAT-HYDERABAD)
• Duration Of Justice: 4 year(s) 5 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 18-01-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 28-07-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: V SIVA KUMAR
• Section: 143(3); 201; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 1 058 /HYD./201 6 ASSESSMENT YEAR: 201 2 - 13 SH. PENUMETCHA ANAND GAJAPATHI RAJU (HUF) VS. ITO, WARD 14(2) HYDERABAD HYDERABAD PAN: A AFHP4416E (A PPELLANT) (RESPONDENT) FOR ASSESSEE : SH. V. SIVA KUMAR, ADV. FOR REVENUE : SH. ROHIT MUJUMDAR, D.R. DATE OF HEARING : 18 /01/2021 DATE OF PRONOUNCEMENT : 20 /01/2021 O R D E R PER SMT. P. MADHAVI DEVI, J.M. THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF CIT(A) - 6 , HYDERABAD DATED 17.05.2016 RELATING TO A.Y. 201 2 - 13 U/S 143(3) OF THE INCOME TAX ACT, 1961. 2. AT THE OUTSET, THE LD. AR SUBMITTED BEFORE US THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT HAS ALREADY FILED FORMS I & II UNDER T HE VIVAD SE VISHWAS SCHEME AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. ITA NO. 1058 /H YD /1 6 SRI PENUMETCHA ANAND GAJAPATHI RAJU (HUF) AY 2012 - 13 3. THE LD. D R CONCEDED TO THE REQUEST OF THE LD. AR. 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD. AR, WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY T O APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 20 /01/2021. SD/ - SD/ - (A. MOHAN ALANKAMONY) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 20 TH JANUARY, 2021 GMV COPY OF ORDER FORW ARDED TO: 1. SHRI PENUMETCHA ANAND GAJAPATHI RAJU (HUF), 8 - 2 - 622, BLOCK NO.3, 1 D, FALCON CREST APARTMENTS, ROAD NO.10, BANJARA HILLS, HYDERABAD 500 034 2. ITO, WARD 14(2), HYDERABAD 3 . A CIT, RANGE 14, HYDERABAD. 4 . CIT(A) - 6, HYDERABAD 5 . PR.CIT - 6, HY DERABAD. 6 . D.R. ITAT HYDERABAD 7 . GUARD FILE