M/s Karnataka Jesuit Educational Society , Bangalore V. The Deputy Director of Income Tax (Exemptions) Circle-17(1), Bangalore

ITA 1597/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4147 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 5 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 28-10-2020
• Assessment Year: 2010-2011
• Appeal Filed On: 15-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R K MISHRA CIT I BENGALURU
• Section: 11

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B R BAS KARAN , ACCOUNTANT MEMBER ITA NO S . 1597 & 1 598 /BANG/2018 ASSESSMENT YEAR S : 2010 - 11 & 2 011 - 12 KARNATAKA JESUIT EDUCATIONAL SOCIETY, LOYALA MANDIR, NO.96, LAVELLE ROAD, BENGALURU 560 001. PAN: AAATK 2245D VS. THE DEPUTY DIRECTOR OF INCOME TAX (EXEMPTIONS), CIRCLE 17(1), BENGALURU. APPELLANT RESPONDENT APPELLANT BY : SMT. SHEETAL BORKAR, A DVOCATE RESPONDENT BY : SHR I R.K. MISHRA, CIT - I (DR)(ITAT), BENGALURU. DATE OF HEARING : 28 . 1 0 .2020 DATE OF PRONOUNCEMENT : 28 . 1 0 .2020 O R D E R PER N.V. VASUDEVAN, VICE PRESIDENT THESE APPEALS ARE FILED BY THE ASSESSEE AGAINST T HE ORDER OF CIT(APPEALS)-5, BENGALURU, DATED 12.3.2018 & 10.3. 2018 RELATING TO ASSESSMENT YEARS 2010-11 & 2011-12. 2. DURING THE COURSE OF HEARING OF THE APPEALS, THE LD. COUNSEL FOR THE ASSESSEE SOUGHT ADJOURNMENT ON THE GROUND THAT THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME ACT (VSVS), 2020 BY FI LING THE NECESSARY APPLICATIONS. THE BENCH POINTED OUT THAT THE BANGAL ORE BENCHES IN SUCH CASES IS DISMISSING THE APPEAL AS WITHDRAWN, WITH L IBERTY TO SEEK RECALL OF THE ORDER, TO WHICH THE LD. COUNSEL FOR THE ASSESSE E AGREED. ACCORDINGLY, ITA NOS.1597 & 1598/BANG/2018 PAGE 2 OF 2 THE APPEALS ARE DISMISSED AS WITHDRAWN. HOWEVER, T HE ASSESSEE IS AT LIBERTY TO SEEK RECALL OF THIS ORDER IN THE EVENT O F FORM NO.3 NOT BEING ISSUED BY THE DEPARTMENT, OR FOR ANY SUCH REASON UN DER THE VSVS. 3. IN THE RESULT, THE APPEALS ARE DISMISSED AS W ITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 28 TH DAY OF OCTOBER, 2020. SD/- SD/- ( B R BASKARAN ) ( N V VASUDEVAN ) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED, THE 28 TH OCTOBER, 2020. / DESAI S MURTHY / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.