Puttiakula Prathap Reddy, Chittoor V. Asst. Commissioner of Income Tax, Circle-2(1), Tirupati

ITA 1073/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0898 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 7 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 17-02-2021
• Assessment Year: 2011-2012
• Appeal Filed On: 01-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Assessee Lawyers: S RAMA RAO
• Section: 201; 153C; 10; 11

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER IT A NO S . 10 73, 1074, 1075, 1076 & 1077 /H/201 9 AY S : 20 11 - 12, 2012 - 13, 2013 - 14, 2014 - 15 & 2015 - 16 PUTTIAKULA PRATHAP REDDY, CHITTOR. PAN BCDPP 8683G VS. ASST. COMMISSIONER OF INCOME - TAX, CIRCLE 1 ( 1 ) , TIRUPATI (APPELLANT) (RESPONDENT) ASSESSEE BY: SHR I S. RAMA RAO REVENUE BY: SHRI YVST SAI DATE OF HEARING: 17 /0 2 /2021 DATE OF PRONOUNCEMENT: 24 /0 2 /2021 O R D E R PER BENCH: T H E S E ARE THE ASSESSEE S APPEAL S FOR AY S 2011 - 12 TO 2015 - 16 DIRECTED AGAINST THE C I T(A) , TIRUPATI S SEPARATE ORDERS, ALL DATED 2 5 / 0 4 / 201 9 , INVOLVING P ROCEEDINGS U/S 1 43( 3) R.W.S. 153C OF THE INCOME TAX ACT , 1961 ; IN SHORT THE ACT. I TA NO S . 1073 TO 1077 /HYD/1 9 P. PRATHAP REDDY, CHITTOOR. : - 2 - : 2. AT THE OUTSET, WE ARE INFORMED DURING THE COURSE OF HEARING FROM THE ASSESSEE S SIDE THAT THEY HAVE FILED FOR SETTLEMENT BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND FORM(S) - 3 IN TUNE THERETO; ALSO STAND ISSUED . 3. HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL S OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND FORM(S) - 3 IN TUNE THERETO; ALSO STAND ISSUED , WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF TH E S E CASE S , IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO HIM FOR TECHNICAL REASONS. 4. IN THE RESULT, A SSESSEES APPEAL S ARE DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 24 TH FEBRUARY , 2021 . SD/ - SD/ - ( S.S. GODARA ) (LAXMI PRASAD SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 24 TH FEBRUARY , 20 2 1 I TA NO S . 1073 TO 1077 /HYD/1 9 P. PRATHAP REDDY, CHITTOOR. : - 3 - : K V C OPY TO : 1 SHRI PUTTIAKULA PRATHAP REDDY, C/O P. PRASAD REDDY, S/O P. JAYARAM REDDY, DOOR NO. 24 - 161, KALAVAGADD STREET, NAGAPALYAM, PUNGANUR - 517247 2 ACIT, CIRCLE 1(1), K.T. ROAD, TIRUPATI 3 C I T(A) , TIRUPATI 4 PR. CIT , TIRUPATI 5 ITAT, DR, HYDERABAD. 6 GUARD FILE.