Deepika Infratech Private Limited, Hyderabad V. Dy. Commissioner of Income Tax , Circle-17(1), Hyderabad

ITA 1417/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0450 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 5 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2008-2009
• Appeal Filed On: 16-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MUZUMDAR
• Assessee Lawyers: A V RAGHURAM
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 1417 /HYD./ 201 9 ASSESSMENT YEAR: 200 8 - 09 DEEPIKA INFRATECH PVT. LTD. VS. DY.CIT, CIRCLE 17(1) HYDERABAD HYDERABAD [ PAN: AAB CD9818R ] (APPELLANT) (RESPONDENT) FOR ASSESSEE : S HRI A.V. RAGHURAM, A.R. FOR REVENUE : SH. ROHIT MUZUMDAR, D.R. DATE OF HEARING : 03/03/ 202 1 DATE OF PRONOUNCEMENT : 09 / 03 /202 1 O R D E R PER P. MADHAVI DEVI, JM THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF CIT(A) - 5 , HYDERABAD DATED 10.06.2019 RELATING TO A.Y. 200 8 - 09 . HEARD BOTH THE PARTIES. 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE US THAT THE ASSESSEES HAS ALREADY FILED FORMS I & II UNDER THE DIRECT TAXES VIVAD SE VI SHWAS SCHEME, 2020 AND ITS ACCEPTANCE IS AWAITED. 3. AFTER HEARING BOTH THE PARTIES, WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. HOWEVER, WE MAKE IT CLEAR THAT IF ASSESSEES CASE IS NOT ACCEPTED ITA NO . 1417 /HYD./ 201 9 AY 200 8 - 09 M/S DEEPIKA INFRATECH PRIVATE LTD., HYD. 2 UNDER THE SCHEME FOR WHATSOEVER MAY BE THE REASON, THEN THE ASSESSEE SHALL BE AT LIBERTY TO FILE MISC. APPLICATION BEFORE THE TRIBUNAL WITHIN THE TIME LIMIT PRESCRIBED UNDER THE ACT TO REINSTATE ASSESSEES APPEAL. ORDERED ACCORDINGLY. 4 . IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSE D AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 09 /03/2021 . SD/ - SD/ - (A. MOHAN ALANKAMONY) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 09 TH MARCH, 2021 *GMV COPY OF ORDER FORWARDED TO: 1. DEEPIKA INFRATECH PRIVATE LTD., DOOR NO.8 - 2 - 686/C/D/5, 2 ND FLOOR, ROAD NO.12, BANJARA HILLS , HYDERABAD 500 0 34 . 2. DY.CI T, CIRCLE 17(1), HYDERABAD 3. ACIT, RANGE 17 , HYDERABAD 4. C IT( A ) - 5 , HYDERABAD . 5 . PR.CIT - 5 , HYDERABAD 6 D.R. ITAT HYDERABAD 7 . GUARD FILE