Yennarkay Ravindran Selvarathnam, Sivakasi V. ACIT, Central Cir -2, Madurai

ITA 1140/CHNY/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5955 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 4 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 22-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R ANITA
• Assessee Lawyers: S SRIDHAR

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, CHENNAI . , , , BEFORE SHRI DUVVURU RL REDDY, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER ./ I.T.A. NOS.: 1139 & 1140/CHNY/2019 / ASSESSMENT YEARS : 2012-13 & 2013-14 SHRI. YENNARKAY RAVINDRAN SELVARATHNAM, NO.3, CHAIRMAN ARUNACHALAM NADAR ROAD, SIVAKASI 626 123. [PAN: AVYPS 2583F] VS. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -2, MADURAI. ( / APPELLANT) ( / RESPONDENT) / APPELLANT BY : SHRI. S. SRIDHAR, ADVOCATE / RESPONDENT BY : MS. R. ANITA, ADDL. CIT /DATE OF HEARING : 06.09.2021 /DATE OF PRONOUNCEMENT : 06.09.2021 /O R D E R PER S. JAYARAMAN, ACCOUNTANT MEMBER: THE ASSESSEE FILED THESE APPEALS AGAINST THE ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS)- 19, CHENNAI IN ITA NOS. 243 & 244/17-18 DATED 28.02.2019 FOR THE ASSESSMENT YEARS 2012-13 & 2013-14. :-2-: ITA NOS: 1139 & 1140/CHNY/2019 2. AT THE TIME OF HEARING, THE LEARNED COUNSEL FOR THE ASSESSEE INVITING OUR ATTENTION TO THE LETTER DATED 18.08.2021 SUBMITTED THAT THE ASSESSEE WANTED TO UTILIZE THE DIRECT TAXES VIVAS SE VISHWAS SCHEME, 2020 TO SETTLE PENDING DISPUTE RELATING TO DIRECT TAXES AND IN THIS REGARD THE ASSESSEE HAS FILED FORM NO. 1 AND FORM 2 AND OBTAINED FORM 3 FROM THE DESIGNATED AUTHORITY. THEREFORE, THE APPEALS MAY BE PERMITTED TO BE WITHDRAWN. WE HEARD THE LD. DR ALSO. 3. THE BENCH HAS CONSIDERED THE MATERIAL. SINCE THE ASSESEE SUBMITS THAT HE HAS OBTAINED FORM NO. 3 AND SEEKS WITHDRAWAL OF APPEALS, THEREFORE, WE DISMISS THE APPEALS FILED BY THE ASSESSEE, SUPRA, AS WITHDRAWN. HOWEVER LIBERTY IS GIVEN TO THE ASSESSEE/REVENUE TO RESTORE THE APPEALS, IN THE EVENT OF THE DESIGNATED AUTHORITY, FOR ANY REASON REJECT THE APPLICATION FILED BY THE ASSESSEE UNDER SECTION 4 OF THE SAID ACT. 4. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 06 TH SEPTEMBER, 2021 AT CHENNAI. SD/- ( . ) (DUVVURU RL REDDY) /JUDICIAL MEMBER SD/- ( ) (S. JAYARAMAN) /ACCOUNTANT MEMBER /CHENNAI, /DATED: 06 TH SEPTEMBER, 2021 JPV /COPY TO: 1. / APPELLANT 2. /RESPONDENT 3. ( )/CIT(A) 4. /CIT 5. /DR 6. [ /GF