Affiliated Media Company Pvt.Ltd., Hyd, Hyderabad V. DCIT, Circle-14(1), Hyderabad, Hyderabad

ITA 1253/HYD/2015

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4790 (ITAT-HYDERABAD)
• Duration Of Justice: 5 year(s) 6 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 17-05-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 03-11-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: MITHILESH
• Section: 13; 10

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND LAXMI P RASAD SAHU, ACCOUNTANT MEMBER ITA NO S . 1252 & 1253 /H/201 5 A SSESSMENT Y EAR S : 2009 - 10 & 2012 - 13 AFFILIATED MEDIA COMPANY PVT. LTD., HYDERABAD. PAN A A G C A 4 079E VS. ASST. COMMISSIONER OF INCOME - TAX , CIRCLE 1 3 (1), HYDER ABAD . (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI MITHILESH REVENUE BY: S HRI SUNIL KUMAR PANDEY DATE OF HEARING: 1 7 /0 5 /2021 DATE OF PRONOUNCEMENT: 18 / 0 5 /2021 O R D E R PER BENCH: BOTH T H E S E APPEAL S FILED BY THE ASSESSEE FOR AY S 2009 - 10 AND 20 1 2 - 1 3 ARE DIRECTED AGAINST CIT (A) VI HYDERABADS SEPARATE ORDER S , BOTH DATED, 26/08/2015 INVOLVING PROCEEDINGS U/S 14 3 (3) OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. ITA NO S. 1 2 521 & 1253 /HYD/ 20 1 5 AFFILIATED MEDIA COMPANY PVT. LTD., HYD. : - 2 - : 2. AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO , WHICH IS PLACED ON RECORD AND THEREFORE, REQUESTED THE BENCH TO PERMIT TO WITHDRAW ITS APPEAL S . 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 HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL S OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREF ERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO, WITH A RIDER THAT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 DENIE D TO IT FOR TECHNICAL REASONS. 5. IN THE RESULT, ASSESSEES APPEAL S ARE DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 18 TH MAY , 2021 . SD/ - SD/ - (S . S . GODARA) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 18 TH MAY , 20 2 1 . KV ITA NO S. 1 2 521 & 1253 /HYD/ 20 1 5 AFFILIATED MEDIA COMPANY PVT. LTD., HYD. : - 3 - : C OPY TO : 1 AFFILIATED MEDIA COMPANY PVT. LTD., PLOT NO. 97, ROAD NO. 3 , BANJARA HILLS, HYDERABAD . 2 A CIT, CIRCLE 1 3 (1), IT TOWERS, AC GUARDS, HYDERABAD 500 004 3 CIT( A) - VI , HYDERABAD 4 PR. CIT - 6 , HYDERABAD. 5 ITAT, DR, HYDERABAD 6 GUARD FILE.