M/s Haripriya Investments, V. ACIT,

ITA 1625/BANG/2013

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7392 (ITAT-BANGALORE)
• Duration Of Justice: 7 year(s) 1 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2005-2006
• Appeal Filed On: 26-11-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI , JUDICIAL MEMBER IT A NO S . 16 2 5 & 1626 /BANG/201 3 ASSESSMENT YEAR S : 2005 - 06 & 2006 - 07 M/S. HARAPRIYA INVESTMENTS, # 319/B, 1 ST FLOOR, 80 FT. ROAD, 8 TH BLOCK, KORAMANGALA, BANGALORE 560 095. PAN: AACFH 4187P VS. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 7(1), BANGALORE. APPELLA N T RESPONDENT APPELLANT BY : S HRI PRANAV KRISHNA, ADVOCATE. RESPONDENT BY : SHRI PRIYADARSHI MISHRA, ADDL. C IT(DR)(ITAT ), BENGALURU. DATE OF HEARING : 20 .0 1 .202 1 DATE OF PRONOUNCEMENT : 20 .0 1 .202 1 O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER THESE APPEALS ARE FILED BY THE ASSESSEE AGAINST T HE SEPARATE ORDERS, BOTH DATED 30.8.2013 OF THE CIT(APPEALS), L ARGE TAXPAYERS UNIT (LTU), BANGALORE RELATING TO ASSESSMENT YEARS 2005- 06 & 2006-07. 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 IN FORM 1 & FORM 2 AND ISSUE OF FORM 3 IS AWAITED. THE BENCH POINTED OUT THAT THE BANGALORE BENCHES IN SUCH CASE S IS DISMISSING THE APPEAL AS WITHDRAWN, WITH LIBERTY TO SEEK RECALL OF THE ORDER, TO WHICH THE LD. ITA NO.1625 & 1626/BANG/2013 PAGE 2 OF 2 COUNSEL FOR THE ASSESSEE AGREED. ACCORDINGLY, THE APPEALS ARE DISMISSED AS WITHDRAWN. HOWEVER, THE ASSESSEE IS AT LIBERTY TO SEEK RECALL OF THIS ORDER IN THE EVENT OF FORM NO.3 NOT BEING ISSUED BY THE DEPARTMENT, OR FOR ANY SUCH REASON UNDER THE VSVS. 3. IN THE RESULT, THE APPEALS ARE DISMISSED AS W ITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 20 TH DAY OF JANUARY, 2021. SD/- SD/- ( BEENA PILLAI ) ( CHANDRA POOJARI ) JUDICIAL MEMBER ACCOUNTANT MEMBER BANGALORE, DATED, THE 20 TH JANUARY, 2021. / DESAI S MURTHY / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.