Ramesh Kishandas Asrani, Hyderabad V. Income Tax Officer, Ward-10(3), Hyderabad

ITA 1581/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8142 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 4 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2010-2011
• Appeal Filed On: 28-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MUZUMDAR
• Section: 143(3); 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO. 158 1 /H/201 9 A SSESSMENT Y EAR : 2010 - 11 RAMESH KISHANDAS ASRANI, HYDERABAD. PAN A EBPA 1676 D VS. INCOME - TAX OFFICER, WARD 10(3), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI T. CHAITANYA KUMAR FOR SHRI K.C. DEVDAS REVENUE BY: SHRI ROHIT MUZUMDAR DATE OF HEARING: 1 7 /0 3 /2021 DATE OF PRONOUNCEMENT: 19 /0 3 /2021 O R D E R PER BENCH: THIS ASSESSEES APPEAL FOR AY 2010 - 11 IS DIRECTED AGAINST THE CIT(A) 6 , HYDERABADS ORDER DATED 3 1 /0 7 /201 9 INVOLVING PROCEEDINGS U/S 143(3) RWS 147 OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. 2. AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THAT THE ASSESSEE HAS OPTED TO AVAIL THE ITA NO. 158 1 /H/2019 RAMESH KISHANDAS ASRANI, HYD. : - 2 - : BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND AWAITING TO RECEIVE FORM(S) - 3 IN TUNE THERETO AND THEREFORE, REQUESTED THE BENCH TO PERMIT TO WITHDRAW THIS APPEAL OF THE ASSESSEE. 3. HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND AWAITING TO RECEIVE FORM(S) - 3 , WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF TH IS CASE, IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO H IM FOR TECHNICAL REASONS. 5 . IN THE RESULT, ASSESSEES APPEAL IS DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 19 TH MARCH , 2021 . SD/ - SD/ - (SATBEER SINGH GODARA) (LAXMI PRASAD SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 19 TH MARCH , 20 2 1 . KV ITA NO. 158 1 /H/2019 RAMESH KISHANDAS ASRANI, HYD. : - 3 - : C OPY TO : 1 S HRI RAMESH KISHAN DAS ASRANI, C/O KATRAPATHI & ASSOCIATES, 1 - 1 - 298/2/B/3, 1 ST FLOOR, ASHOK NAGAR, HYDERABAD 500 020 . 2 ITO, WARD 10(3), 5 TH FLOOR, A BLOCK, IT TOWERS, AC GUARDS, HYDERABAD 500 004 3 CIT(A) 6 , HYDERABAD. 4 PR. CIT - 6 , HYDERABAD 5 ITAT, DR, HYDERABAD. 6 GUARD FILE.