Sri Aravind Chhadva , Bangalore V. Income Tax Officer Ward-5(2)(1), Bangalore

ITA 1393/BANG/2018

• Counselvise Citation: [2020] 109 COUNSELVISE.COM (IT) 9929 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 7 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 01-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRIYADARSHI MISHRA
• Assessee Lawyers: N O N E

Judgement Text

ITA NO.1393/BANG/2018 SHRI ARAVIND CHHADVA, BENGALURU IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND SHRI B.R. BASKARAN, ACCOUNTANT MEMBER ITA NO.1393/BANG/2018 ASSESSMENT YEAR: 2014-15 SRI ARAVIND CHHADVA #73, KALASIPALYAM MAIN ROAD BENGALURU- 560002 PAN NO : AASPC6965C VS. ITO WARD 5(2)(1) BENGALURU APPELLANT RESPONDENT APPELLANT BY : N O N E RESPONDENT BY : SHRI PRIYADARSHI MISHRA, D.R. DATE OF HEARING : 31.12.2020 DATE OF PRONOUNCEMENT : 31.12.2020 O R D E R PER B.R. BASKARAN, ACCOUNTANT MEMBER: THE ASSESSEE HAS FILED THIS APPEAL CHALLENGING THE ORDER DATED 28.02.2018 PASSED BY LD CIT(A)-5, BENGALURU AND IT RELATES TO THE ASSESSMENT YEAR 2014-15. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. HO WEVER, THE HAS FILED A LETTER STATING THAT HE HAS OPTED TO SETTLE THE DI SPUTE IN HIS APPEAL UNDER DIRECT TAXES VIVAD SE VISHWAS ACT, 2020. IT IS FURTHER STATED THAT THE ASSESSEE HAS FILED FORM NO.1 & 2 FOR THE A PPEAL FILED BY THE ASSESSEE AND IT HAS ALSO RECEIVED FORM NO.3. ACCOR DINGLY IT IS SUBMITTED THAT APPEAL OF THE ASSESSEE MAY BE DISMIS SED AS WITHDRAWN. ITA NO.1393/BANG/2018 SHRI ARAVIND CHHADVA, BENGALURU PAGE 2 OF 2 3. WE HEARD LD D.R, WHO DID NOT OBJECT TO THE PR AYER OF THE ASSESSEE. SINCE THE ISSUES CONTESTED IN THE APPEAL OF THE ASS ESSEE HAVE BEEN SETTLED UNDER THE DIRECT TAXES VIVAD SE VISHWAS ACT , 2010, WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. H OWEVER, WE GIVE LIBERTY TO THE ASSESSEE TO SEEK RECALL OF THIS ORDE R IN ACCORDANCE WITH LAW, IF THE CIRCUMSTANCES SO WARRANT. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST DEC, 2020 SD/- (GEORGE GEORGE K. ) JUDICIAL MEMBER SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER BANGALORE, DATED 31 ST DEC, 2020. 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.