Samskruthi shelters , Hyderabad V. Income Tax Officer, Ward-15(3), Hyderabad

ITA 1272/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2568 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 10 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 22-06-2021
• Assessment Year: 2016-2017
• Appeal Filed On: 13-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M.MURALIDHAR
• Assessee Lawyers: M. CHANDRAMOULESWARA RAO
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD S M C BENCH, HYDERABAD. BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 1 272 / HYD/20 19 (ASSESSMENT YEAR : 201 6 - 17 ) M/S. SAMSKRUTHI SHELTERS, HYDERABAD . PAN ABEFS 3705P VS. INCOME TAX OFFICER , WARD 1 5(3) , HYDERABAD. APPELLANT RESPONDENT APPELLANT BY : SHRI M. CHANDRA MOULESWARARAO . RESPONDENT BY : SHRI M. MURALIDHAR (D.R) DATE OF HEARING : 2 2.06 . 2021. DATE OF PRONOUNCEMENT : 2 2.06. 2021. O R D E R THIS APPEAL IS FILED BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2016 - 17 AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 7 , HYDERABAD DT. 0 6.0 5 . 2019 . 2. THE ASSESSEE HAS FILED A LETTER DT. 21.06 .2021 STATING THAT THEY HAVE FILED FORM I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 . THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSE E DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. 3. THE LD. DR CONCEDED TO THE SUBMISSION OF THE ASSESSEE VIDE LETTER DT. 21.06. 2021. 2 ITA NO. 1 272 /HYD/20 19 4 . AFTER HEARING BOTH THE PARTIES , ACCORDING TO THE REQUEST OF THE ASSESSE E , I HEREBY ALLOW THE APPEAL OF THE ASSESSE E TO BE WITHDRAWN. I ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIB UNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEAL, IF THE IR APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 5 . IN THE RESULT, APPEALS OF ASSESSE E S IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN T HE OPEN COURT ON 2 2 ND JUNE , 2021. SD/ - (SMT. P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DT. 2 2.06 . 2021. * REDDY GP COPY TO : 1. M/S. SAMSKRUTHI SHELTERS, 12 - 5 - 55/1, SAMSKRUTHI HEAVEN, VIJAYPURI,TARNAKA, SECUNDERABAD - 500 017 2. ITO, WARD 15(3), HYDERABAD. 3. PR. C I T - 7, HYDERABAD. 4. CIT(APPEALS) - 7, HYDERABAD. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.