Surya Subbarama Chandrasekharam Vemuru Venkata, Hyderabad V. Income Tax Officer, Ward-4(2), Hyderabad

ITA 1658/Hyd/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5215 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s) 6 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 07-04-2021
• Assessment Year: 2010-2011
• Appeal Filed On: 28-09-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MUZUMDAR
• Section: 144

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER ITA NO. 1658 /HYD./ 2017 ASSESSMENT YEAR: 20 10 - 11 SRI SURYA SUBBARAMA CHANDRASEKHARAM VS ITO, WARD 4(2) VEMURU VENKATA HYDERABAD HYDERABAD [PAN: ACIPV6300J] (APPELLANT) (RESPONDENT) FOR ASSESSEE: SMT. S. SANDHYA, AR FOR REVENUE: SH. ROHIT MUZUMDAR, CIT - D.R. DATE OF HEARING : 07 / 04 /2021 DATE OF PRONOUNCEMENT : 26 /04/2021 O R D E R PER S.S. GODARA, J.M. THIS ASSESSEES APPEAL FOR AY 20 10 - 11 ARISES AGAINST THE CIT(A) - 1, HYDERABAD S ORDER DATED 03. 08 .201 7 IN CASE NO. 559 /2017 - 18 INVOLVING PROCEEDINGS U/S 14 4 R.W.S. 147 OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT). HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. AT THE O UTSET, WE ARE INFORMED DURING THE COURSE OF HEARING FROM THE ASSESSEES SIDE THAT THE ASSESSEE HAS FILED FOR SETTLEMENT BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 BY WAY OF FORM NO.1 & 2 , AND ITA NO. 1658/ HYD/201 7 SRI SURYA SUBBARAMA CHANDRASEKHARAM VEMURU VENKATA, HYD. AY 2010 - 11 2 FORM - 3 ALSO STANDS ISSUED FROM THE DEPARTMEN T SIDE IN VIEW THEREOF. HENCE LEARNED COUNSEL FOR ASSESSEE REQUESTED PERMISSION TO WITHDRAW THE APPEAL. 3. WE D ISMISS THIS APPEAL AS WITHDRAWN AND FURTHER MAKE IT CLEAR THAT IT SHALL BE OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF HIS CASE IF THE SETTLEMENT BENEFIT IS DENIED TO HIM FOR TECHNICAL REASONS. ORDERED ACCORDINGLY. 4. TH IS ASSESSEE S APPEAL IS DISMISSED AS WITHDR AWN IN ABOVE TERMS. ORDER PRONOUNCED IN OPEN COURT ON 26 /04/2021. SD/ - SD/ - (L.P. SAHU) (S.S . GODARA) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 26 TH APRIL, 2021 *GMV COPY OF ORDER FORWARDED TO: 1. SRI SURYA SUBBARAMA CHANDRASEKHARAM VEMURU VENKATA, H.NO . 6 - 1 - 72, FLAT NO. B - 404, SRI MAHA LAXMI MEADOWS, LAKDI KA PUL, HYDERABAD 2. ITO, WARD 4(2), HYDERABAD 3. JCIT, RANGE 4 , HYDERABAD . 4. CIT(A) - 1, HYDERABAD 5. PR.CIT - 1, HYDERABAD . 6. D.R. ITAT HYDERABAD 7. GUARD FILE