ITO, Ward-14(5), Hyd, Hyderabad V. Affiliated Media Company Pvt.Ltd., Hyd, Hyderabad

ITA 1258/Hyd/2015

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 2458 (ITAT-HYDERABAD)
• Duration Of Justice: 5 year(s) 11 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 21-10-2021
• Assessment Year: 2009-2010
• Appeal Filed On: 04-11-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PARUCHURI DINESH
• Section: 143(3); 201; 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 SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO S . 1258 & 1 259 /H/20 1 5 ASSESSMENT YEAR S : 200 9 - 10 & 201 2 - 1 3 INCOME - TAX OFFICER, WARD 14(5), HYDERABAD. VS. AFFILIATED MEDIA CO. PVT. LTD., HYDERABAD. PAN AAGCA 4079E (APPELLANT) (RESPONDENT) REVENUE BY: SHRI PARUCHURI DINESH ASSESSEE BY: SHRI MITHILESH SAI DATE OF HEARING: 21 / 1 0/2021 DATE OF PRONOUNCEMENT: 28/ 10 /2021 O R D E R PER L.P. SAHU , A.M. : BOTH T H E S E APPEAL S FILED BY THE REVENUE ARE DIRECTED AGAINST CIT(A) - VI , HYDERABADS SEPARATE ORDER S DATED 26/08/2015 FOR AY S 2009 - 10 & 2012 - 13 I NVOLVING PROCEEDINGS U/S 143(3) OF THE INCOME - TAX ACT, 1961; IN SHORT THE ACT . 2. AT THE OUTSET, THE LD. DR SUBMITTED THAT THE ASSESSEE HAS OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD ITA NO S . 1258 & 1259 /HYD/1 5 M/S AFFILIATED MEDIA COMPANY PVT. LTD., HYD. : - 2 - : SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO, WHICH ARE AVAILABLE ON RECORD, AND THEREFORE, REQUESTED THE BENCH TO PER MIT TO WITHDRAW TH E S E APPEAL OF THE REVENUE. 3. HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL OF THE REVENUE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING F ORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO, WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE REVENUE TO FILE FOR REVIVAL OF TH ESE CASE S , IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO IT FOR TECHNICAL REASONS. 4. IN THE RESULT, REVENUE S APPEAL S ARE DISMISSED IN THE ABOVE TERMS. A COPY OF THIS COMMON ORDER BE PLACED IN THE RESPECTIVE CASE FILES. PRONOUNCED IN THE OPEN COURT ON 28 TH OCTOBER , 2021 . SD/ - SD/ - (S . S . GODARA) ( L . P . SAHU) JUDICIAL MEMBER A CCOUNTANT MEMBER HYDE RABAD, DATED : 28 TH OCTOBER , 20 2 1 . KV ITA NO S . 1258 & 1259 /HYD/1 5 M/S AFFILIATED MEDIA COMPANY PVT. LTD., HYD. : - 3 - : C OPY TO : 1 ITO, WARD 14(5), 6 TH FLOOR, C BLOCK, IT TOWERS, AC GUARDS, HYDERABAD 500 0 34 2 M/S AFFILIATED MEDIA COMPANY PVT. LTD., BUILDING 3, I LABS CENTRE, PLOT NO. 18, SOFTWARE UNIT LAYOUT, MADHAPUR, HYDERABAD. 3 CIT(A) VI , HYDERABAD. 4 PR. CIT - 6 , HYDERABAD 5 ITAT, DR, HYDERABAD. 6 GUARD FILE.