M/s. Metha Hemanthkumar Abhaykumar (HUF), Koppal V. Deputy Commissioner Of Income Tax, Circle- 1, Bellary

ITA 1301/BANG/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1865 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 9 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 09-03-2021
• Assessment Year: 2016-2017
• Appeal Filed On: 07-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R. PREMI

Judgement Text

ITA NO.1301/BANG/2019 M/S. MEHTA HEMANTH KUMAR, ABHAYKUMAR (HUF) KOPPAL IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B.R. BASKARAN, ACCOUNTANT MEMBER ITA NO.1301/BANG/2019 ASSESSMENT YEAR: 2016-17 M/S. MEHTA HEMANTHKUMAR ABHAYKUMAR (HUF) NO.1/5/413, GOSHALA ROAD KOPPAL 583 231 PAN NO : AAEHM8791E VS. DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE 1 BELLARY APPELLANT RESPONDENT APPELLANT BY : SHRI PRANAV KRISHNA, A.R. RESPONDENT BY : SMT. R. PREMI, D.R. DATE OF HEARING : 09.03.2021 DATE OF PRONOUNCEMENT : 09.03.2021 O R D E R PER B.R. BASKARAN, ACCOUNTANT MEMBER: THE ASSESSEE HAS FILED THIS APPEAL CHALLENGING THE ORDER DATED 29.03.2019 PASSED BY LD CIT(A), GULBARGA AND IT REL ATES TO THE ASSESSMENT YEAR 2016-17. 2. THE LD COUNSEL APPEARING FOR THE ASSESSEE HA S FILED A LETTER STATING THEREIN THAT THE ASSESSEE HAS OPTED TO SETT LE THE DISPUTE IN ITS APPEAL UNDER DIRECT TAXES VIVAD SE VISHWAS ACT, 202 0 BY FILING FORM NO.1 & 2. ACCORDINGLY IT WAS PRAYED THAT THE APPEA L MAY BE ADJOURNED. 3. THE LD D.R, HOWEVER, SUBMITTED THAT THE BANGA LORE BENCH OF TRIBUNAL IS DISMISSING THE APPEAL IN SUCH KIND OF C ASES GIVING LIBERTY ITA NO.1301/BANG/2019 M/S. MEHTA HEMANTH KUMAR, ABHAYKUMAR (HUF) KOPPAL PAGE 2 OF 2 TO THE ASSESSEE TO SEEK RECALL, IF SOMETHING GOES W RONG WITH THE APPLICATION FILED BY THE ASSESSEE. 4. WE HEARD THE PARTIES. SINCE THE LD A.R HAS S TATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE ISSUES CONTESTED I N THIS APPEAL UNDER THE DIRECT TAXES VIVAD SE VISHWAS ACT, 2010, NO PUR POSE WILL BE SERVED IN KEEPING THIS APPEAL PENDING. ACCORDINGLY , WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. HOWEVER, WE G IVE LIBERTY TO THE ASSESSEE TO SEEK RECALL OF THIS ORDER IN ACCORDANCE WITH LAW, IF THE CIRCUMSTANCES SO WARRANT. 5. IN THE RESULT APPEAL THE ASSESSEE IS DISMISS ED. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH MAR, 2021. SD/- (N.V. VASUDEVAN ) VICE PRESIDENT SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER BANGALORE, DATED 9 TH MAR, 2021. VG/SPS COPY TO: 1. THE APPLICANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASST. REGISTRAR, ITAT, BANGALORE.