Dy. Commissioner of Income Tax , Circle-16(1), Hyderabad V. Navabharat Enterprises Limited , Hyderabad

ITA 1409/Hyd/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 8609 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 5 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2010-2011
• Appeal Filed On: 12-09-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 6; 154

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ B ‘ Bench, Hyderabad (Through Video Conferencing) Before Shri S.S. Godara, Judicial Member AND Shri Inturi Rama Rao, Accountant Member ITA No.1409/Hyd/2019 Assessment Year: 2010-11 The Deputy Commissioner of Income Tax, Circle – 16(1), Hyderabad. Vs. M/s. Navabharat Enterprises Limited, Hyderabad. PAN : AAACN6936D. (Appellant) (Respondent) Assessee by: None Revenue by : Shri Rohit Mujumdar Date of hearing: 16.02.2021 Date of pronouncement: 18.02.2021 O R D E R Per S.S. Godara, J.M. This Revenue’s appeal for A.Y 2010-11 arises from the Commissioner of Income Tax (Appeals) – 4, Hyderabad’s order dated 07.06.2019 in case No.10989/JCIT(OSD), Cir. 16(1)/18-19/CIT(A)- 4/Hyd/19-20 involving proceedings under section 154 of the Income Tax Act, 1961 (in short, “the Act”). Case called twice. None appears at the assessee’s behest. We accordingly proceeded ex-parte against the assessee. ITA No.1409/Hyd/2019 2 2. It transpires during the course of hearing that the assessee’s cover letter dt.15.02.2022 has filed Form 5 u/s 5 r.w.s. 6 of the ‘Direct Tax Vivad Se Viswas Scheme, 2020’ thereby making it clear to have settled all the tax arrears amounting to Rs.46,61,078/-. This form further states the instant main appeal details as well. That being the case, we treat the Revenue’s all substantive grievances averred in the instant appeal to have been rendered infructuous. Ordered accordingly. 3. This Revenue’s appeal is dismissed as rendered infructuous in above terms. Order pronounced in the Open Court on 18 th February, 2022. Sd/- Sd/- (INTURI RAMA RAO) ACCOUNTANT MEMBER (S.S. GODARA) JUDICIAL MEMBER Hyderabad, dated 18 th February, 2022. TYNM/sps ITA No.1409/Hyd/2019 3 Copy to: S.No Addresses 1 M/s. Navbharat Enterprises Limited, G-6, 8-2-120/120/1/B, Noor Nagar, Road No.10, Banjara Hills, Hyderabad – 500034. 2 The Deputy Commissioner of Income Tax, Circle 16(1), Hyderabad. 3 The CIT (Appeals) - 4, Hyderabad. 4 The Pr.CIT-4, Hyderabad. 5 DR, ITAT Hyderabad Benches 6 Guard File. By Order