Srikanth Vemulapalli , Hyderabad V. Dy. Commissioner of Income Tax , Circle-16(1), Hyderabad

ITA 1576/Hyd/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4854 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 25-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NILANJAN DEY
• Section: 143(3)

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH SMC, HYDERABAD BEFORE SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 1576/HYD/2019 ASSESSMENT YEAR: 2011 - 12 SRIKANTH VEMULAPALLI, HYDERABAD. ABXPV 1059 N VS. DCIT, CIRCLE - 16(1), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: NONE REVENUE BY: SHRI NILANJAN DEY, DR DATE OF HEARING: 06/10/2020 DATE OF PRONOUNCEMENT: 06/10/2020 ORDER THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A) - 4, HYDERABAD IN APPEAL NO. 10252/18 - 19/DCIT, CIR - 16(1), HYD./CIT(A) - 4/HYD/19 - 20, DATED 30/08/2019 PASSED U/S. 143(3) R.W.S 147 OF THE ACT FOR THE A.Y. 2011 - 12. 2. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE TO REPRESENT THE ASSESSEES APPEAL. HOWEVER I T IS NOTICED FROM THE RECORD THAT THE ASSESSEE HAD FILED A LETTER WHEREIN IT IS STATED THAT THE ASSESSEE HAS FILED FORM - 1 & 2 ONLINE ON THE E - FILING PORTAL OF THE DEPARTMENT UNDER CLAUSE (E) OF SEC TION - 2 OF THE DIRECT TAX VIVAD - SE - VISHWAS RULES, 2020 ON 19/09/2020 IN ORDER TO AVAIL THE BENEFITS OF VIVAD - SE - VISHWAS 2 SCHEME, 2020 . THE ASSESSEE HAS ALSO PLEADED IN THE LETTER FOR WITHDRAWAL OF THE APPEAL TO ENABLE THE ASSESSEE FOR THE BENEFIT OF THE VSV SCHEME. THE ASSESSEE HAS ALSO FILED COPY OF THE FORM NO.1 & 2 ALONG WITH THE LETTER. 3. ON CAREFULLY GOING THROUGH THE ASSESSEES REQUEST I AM OF THE CONSIDERED VIEW THAT THE ASSESSEE SHOULD BE ALLOWED TO WITHDRAW HIS APPEAL BEFORE THE TRIBUNAL IN ORDER TO AVAIL THE BENEFIT OF VSV SCHEME, 2020. THEREFORE, I HEREBY HOLD THE APPEAL AS WITHDRAWN. I ALSO MAKE IT CLEAR THAT IF THE ASSESSEES CASE IS NOT ADMITTED IN THE VSV SCHEME, THE ASSESSEE SHALL BE AT LIBERTY TO FILE A MISCELLANEOUS APPLICATION BEFORE THE TRIBUNAL WITHIN THE STIPULATED TIME PR ESCRIBED UNDER THE ACT TO REINSTATE THE APPEAL . IT IS ORDERED ACCORDINGLY. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN . PRONOUNCED IN THE OPEN COURT ON 06 TH OCTOBER, 2020. SD/ - ( A. MOHAN ALANKAMONY ) ACCOUNTANT MEMBER HYDERABAD, DATED: 06 TH OCTOBER, 2020. OKK COPY TO: - 1) SRIKANTH VEMULAPALLI C/O. B. NARSING RAO & CO., CHARTERED ACCOUNTANTS, PLOT NO.554, ROAD NO. 92, JUBILEE HILLS, HYDERABAD. 2) THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 16(1), R.NO. 121, BLOCK - 1B, IT TOWERS, MASAB TANK, HYDERABAD 500 004. 3) THE CIT(A) - 4 , HYDERABAD 4) THE PR. CIT - 4 , HYDERABAD 3 5) THE DR, ITAT, HYDERABAD 6) GUARD FILE