Bhaskara Enterprises, Hyderabad V. Dy. Commissioner of Income Tax , Circle-15(1), Hyderabad

ITA 1512/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8301 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 3 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2013-2014
• Appeal Filed On: 07-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: P VINOD

Judgement Text

ITA NO 1512 OF 2019 BHASKARA ENTERPRISES HYDERABAD PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO.1512/HYD/2019 ASSESSMENT YEAR: 2013-14 BHASKARA ENTERPRISES HYDERABAD PAN:AADFB8889K VS. DY. COMMISSIONER OF INCOME TAX, CIRCLE 15(1) HYDERABAD (APPELLANT) (RESPONDENT) ASSESSEE BY: SRI P VINOD REVENUE BY : SRI SUNIL KUMAR PANDEY, DR DATE OF HEARING: 11/01/2021 DATE OF PRONOUNCEMENT: 12/01/2021 ORDER PER SMT. P. MADHAVI DEVI, J.M. THIS IS ASSESSEES APPEAL FOR THE A.Y 2013-14 AGAIN ST THE ORDER OF THE CIT (A)-7, HYDERABAD, DATED 31.7.2 019. 2. A T THE OUTSET, THE LD. AR SUBMITTED BEFORE US THAT T HE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT H AS ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISHWAS SCH EME AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESS EE MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR . ITA NO 1512 OF 2019 BHASKARA ENTERPRISES HYDERABAD PAGE 2 OF 2 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD. AR, WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THA T THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTA TE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SC HEME IS REJECTED. 5. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 12 TH JANUARY, 2021. SD/- SD/- (LAXMI PRASAD SAHU) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 12 TH JANUARY, 2021. VINODAN/SPS COPY TO: 1 M/S. BHASKARA ENTERPRISES, D.NO.2-17-18/C PLOT NO .9 DHARMAPURI COLONY, NEAR SAI BABA TEMPLE, UPPAL, HYD ERABAD 500039 2 DY.CIT,CIRCLE 15(1) HYDERABAD 3 CIT (A)-7 HYDERABAD 4 PR. CIT 7 HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER