Pranava Avenues Private Limited, Hyderabad V. Dy. Commissioner of Income Tax , Circle-16(2), Hyderabad

ITA 155/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0409 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s) 5 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 15-07-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 22-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: B SHANTHI KUMAR
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER IT A NO. 155 /H/20 18 ASSESSMENT YEAR: 2013 - 14 PRANAVA AVENUES PVT. LTD., HYDERABAD. PAN AA DCP 7780J VS. DY. COMMISSIONER OF INCOME - TAX , CIRCLE 16(2), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI B. SHANTHI KUMAR REVENUE BY: S HRI ROHIT MUJUMDAR DATE OF HEARING: 1 5 /0 7 /2021 DATE OF PRONOUNCEMENT: 19 /0 7 /2021 O R D E R PER L.P. SAHU, A.M. : THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST CIT (A ) - 4 , HYDERABADS ORDER , DATED 2 1 / 11 /201 7 INVOLVING PROCEEDINGS U/S 271(1)(C) OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. 2. AT THE TIME OF HEARING , THE ASSESSEE HAS PLACED ON RECORD AN APPLICATION DATED 12 .0 7 .20 21 REQUESTING FOR THE PERMISSION TO WITHDRAW ITS APPEAL. THE LEARNED I TA NO. 155 /HYD /20 18 PRANAVA AVENUES PVT. LTD., HYD. : - 2 - : DEPARTMENTAL REPRESENTATIVE DID NOT RAISE ANY OBJECTION TO SUCH PRAYER. WE, THEREFORE, PERMIT THE ASSESSEE TO WITHDRAW ITS APPEAL, WHICH HEREBY STANDS DISMISSED AS WITHDRAWN. 3 . IN THE RES ULT, ASSESSEES APPEAL IS DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 19 TH JULY , 2021 . SD/ - SD/ - ( S.S. GODARA ) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 19 TH JU LY , 20 2 1 . K V C OPY TO : 1 PRANAVA AVENUES PVT. LTD., C/O B. SHANTHI KUMAR, ADVOCATE, 111, TARAMANDAL COMPLEX, 5 - 9 - 13, SAIFABAD, HYDERABAD 500 004 2 ITO, WARD 5(3), , AAYAKAR BHAVAN, BASHEERBAGH, HYDERABAD 500 0 04 3 C I T( A ) 4, HYD. 4 PR. C IT 4, HYD. 5 ITAT, DR, HYDERABAD. 6 GUARD FILE. I TA NO. 155 /HYD /20 18 PRANAVA AVENUES PVT. LTD., HYD. : - 3 - : S.NO. DETAILS DATE 1 DRAFT DICTATED ON 2 DRAFT PLACED BEFORE AUTHOR 3 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER 5 APPROVED DRAFT COMES TO THE SR. PS/PS 6 KEPT FOR PRONOUNCEMENT 7 FILE SENT TO BENCH CLERK 8 DATE ON WHICH THE FILE GOES TO HEAD CLERK 9 DATE ON WHICH FILE GOES TO A.R. 10 DATE OF DISPATCH OF ORDER