Sri Balaji Construction Company, Hyderabad V. Dy. Commissioner of Income Tax, Circle-6(1), , Hyderabad

ITA 1661/Hyd/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5265 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s) 7 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 27-04-2021
• Assessment Year: 2008-2009
• Appeal Filed On: 28-09-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MAJUMDAR
• Assessee Lawyers: K A SAI PRASAD SHRI Y RATNAKAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD. BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) SL. NO., ITA NO. & ASST. YEAR APPELLANT RESPONDENT 1 . 1661/HYD/2017 2008 - 09 M/S. SRI BALAJI CONSTRUCTION COMPANY, 6 - 3 - 1192/1/1, 603/4, BLOCK 1, WHITE HOUSE, HYDERABAD - 500 016 PAN ABBFS 4064J DY . COMMISSIONER OF INCOME TAX, CIRCLE 6(1), HYDERABAD. ASSESSEE BY : SHRI K.A. SAI PRASAD FOR SHRI Y.RATNAKAR. RESPONDENT BY : SHRI ROHIT MAJUMDAR (D.R) DATE OF HEARING : 27 .0 4 .2021 . DATE OF PRONOUNCEMENT : 03.05 . 2021. O R D E R PER S MT. P. MADHAVI DEVI, J.M. : THIS APPEAL FILED BY THE ASSESSEE IS ARISING OUT OF ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 9 , VISAKHAPATNAM DT.27.01.2016 FOR THE ASSESSMENT YEAR 2008 - 09. 2. TH E LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT THE ASSESSE E DO ES NOT WANT TO PURSUE THE APPEAL AS HE HAS ALREADY FILED F ORMS I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 AND FORM 3 IS ALSO RECEIVED FROM THE DEPARTMENT. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSE E DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 2 ITA NO. 1661 /HYD/2 017 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR. 4 . AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSE EE AND LD. AR, WE HEREB Y ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. 7. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3 RD MAY, 2 021. SD/ - SD/ - (A. MOHAN ALANKAMONY) (SMT. P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT. 3 RD MAY, 2021. * REDDY GP COPY TO : APPELLANT . M/S. SRI BALAJI CONSTRUCTION COMPANY, 6 - 3 - 1192/1/1, 603/4, BLOCK 1, WHITE HOUSE, HYDERABAD - 500 016 RESPONDENT DY. COMMISSIONER OF INCOME TAX, CIRCLE 6(1), HYDERABAD. C I T - 6, HYDERABAD. CIT (APPEALS) - 9, HYDERABAD. DR. ITAT, HYDERABAD. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.