Kasupa Muralidhar (HUF), Secunderabad V. Dy. Commissioner of Income Tax , Circle-10(1), Hyderabad

ITA 1656/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5953 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2009-2010
• Appeal Filed On: 13-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S RAMA RAO
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO. 1 6 56 /H/20 1 9 A SSESSMENT Y EAR : 20 0 9 - 10 KASUPA MURALIDHAR , HYDERABAD. PAN A AEHK 4096E VS. DY. COMMISSIONER OF INCOME - TAX, CIRCLE 10(1) , HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI S. RAMA RAO REVENUE BY: S HRI SUNIL KUMAR PANDEY DATE OF HEARING: 21 /0 4 /2021 DATE OF PRONOUNCEMENT: 26 / 0 4 /2021 O R D E R PER BENCH: T H IS APPEAL FILED BY THE ASSESSEE FOR AY 20 09 - 10 I S DIRECTED AGAINST CIT(A) - 6 , HYDERABADS ORDER DATED 2 3 / 0 8 /20 1 9 INVOLVING PROCEEDINGS U/S 143(3) OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. 2. AT THE TIME OF HEARING, LD. COUNSEL FOR THE ASSE SSEE REFERRED TO HIS LETTER DATED 21/04/2021 FILED, WHICH IS AVAILABLE ON RECORD SUBMITTED THAT THE ASSESSEE HAS OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS ITA NO. 1 6 56 /H YD/ 20 1 9 KASUPA MURALIDHAR, SECBAD. : - 2 - : SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THER ETO , WHICH IS PLACED ON RECORD 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 HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO , WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF TH IS CASE, IF THE SETTL EMENT BENEFIT UNDER THE SCHEME IS DENIED TO HIM FOR TECHNICAL REASONS. 4 . IN THE RESULT, ASSESSEES APPEAL IS DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 26 TH APRIL , 2021 . SD/ - SD/ - (S . S . GODARA) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 26 TH APRIL , 20 2 1 . KV ITA NO. 1 6 56 /H YD/ 20 1 9 KASUPA MURALIDHAR, SECBAD. : - 3 - : C OPY TO : 1 KASUPA MURALIDHAR (HUF), NO. 5 - 3 - 336, RP ROAD, SECUNDERABD 500 056. 2 DC IT, CIRCLE 10(1), 5 TH FLOOR, IT TOWERS, AC GUARDS, HYDERABAD . 3 CIT(A) 6 , HYDERABAD 4 PR. CIT 6 , HYDERABAD. 5 ITAT, DR, HYDERABAD 6 GUARD FILE.