Crown Beers India Pvt.Ltd., Hyd, Hyderabad V. DCIT, Central Circle-4, Hyd, Hyderabad

ITA 1139/HYD/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0442 (ITAT-HYDERABAD)
• Duration Of Justice: 4 year(s) 6 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 16-03-2021
• Assessment Year: 2008-2009
• Appeal Filed On: 26-08-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD. BEFORE S MT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO S.1139 & 1140 /HYD/201 6 (ASSESSMENT YEAR : 20 08 - 09 & 2009 - 10 ) M/S. CROWN BEERS INDIA PVT. LTD., 510/511, MINERVA HOUSE, SAROJINI DEVI ROAD, SECUNDERABAD, HYDERABAD - 500 003 PAN AACCC9946Q VS. DY. COMMISSIONER OF INCOME TAX, CIRCLE 1(2), HYDERABAD. APPELLANT RESPONDENT APPELLANT BY : SHRI KRISHNA KUMAR. RESPONDENT BY : SHRI SUNIL KUMAR PANDEY (D.R) DATE OF HEARING : 08.03.2021 . DATE OF PRONOUNCEMENT : 08 .03 .2021. O R D E R PER S MT. P. MADHAVI DEVI, J.M. : THESE TWO APPEALS ARE FILED BY THE ASSESSEE ARISING OUT OF ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 1 , HYDERABAD BOTH DT.26.05.2016 FOR THE ASSESSMENT YEARS MENTIONED HEREIN ABOVE RESPECTIVELY. 2. AT THE OUTSET, THE LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT THE ASSESSE E DO NOT WANT TO PURSUE THE APPEALS AS THEY HAVE ALREADY FILED 2 ITA NO S . 1139 & 1140/HYD/2016 F ORMS I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 BY WAY OF FORM NOS.1 & 2 , AND RECEOVED FORM 3 ISSUED BY THE DEPARTMENT. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSE E DESIRES TO WITHDRAW THE APPEALS BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEALS OF THE ASSESSE E MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR. 4 . AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQU EST OF THE ASSESSE EE AND LD. AR, WE HEREBY ALLOW THE APPEALS OF THE ASSESSE EE TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEALS, IF THE IR APPLICATION S WITH RESPECT TO VIVAD SE VISHWAS SCHEME ARE REJECTED. 7. IN THE RESULT, APPEALS OF ASSESSE E ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 8TH MARCH, 2021. SD/ - SD/ - (A. MOHAN ALANKAMONY ) ( SMT. P. MADHAVI DEVI ) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT.08.03.2021. * REDDY GP 3 ITA NO S . 1139 & 1140/HYD/2016 COPY TO : 1. M/S. CROWN BEERS INDIA PVT. LTD., 510/511, MINERVA HOUSE, SAROJINI DEVI ROAD, SECUNDERABAD, HYDERABAD - 500 003 2. DCIT, CIRCLE 1(2), HYDERABAD. 3. PR. C I T - 1, HYDERABAD. 4. CIT , HYDERABAD. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD. 4 ITA NO S . 1139 & 1140/HYD/2016 DESCRIPTION DATE INITIALS 1. DRAFT DICTATED ON 2. DRAFT PLACED BEFORE AUTHOR 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER 4. DRAFT DISCUSSED / APPROVED BY SECOND MEMBER 5. APPROVED DRAFT COMES TO THE SR.P.S./P.S. 6. KEPT FOR PRONOUNCEMENT ON 7. FILE SENT TO THE BENCH CLERK 8. DATE ON WHICH FILE GOES TO THE HEAD CLERK 9. DATE OF DISPATCH OF ORDER