Rajesh Ramesh Asrani , Secunderabad V. Income Tax Officer, Ward-10(3), Hyderabad

ITA 1699/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6767 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 4 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2010-2011
• Appeal Filed On: 20-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE S MT. P. MADHAVI DEVI , JUDICIAL MEMBER AND LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO . 1699 /H/20 1 9 A SSESSMENT Y EAR : 2010 - 11 RAJESH RAMESH ASRANI, SECUNDERABAD. PAN A BLPA 2386 B VS. INCOME - TAX OFFICER, WARD 10 ( 3 ), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: S HRI K.C. DEVDAS REVENUE BY: S HRI ROHIT MUJUMDAR DATE OF HEARING: 2 6 /0 3 /2021 DATE OF PRONOUNCEMENT: 06 / 0 4 /2021 O R D E R PER L.P. SAHU, A.M. : T H IS APPEAL FILED BY THE ASSESSEE FOR AY 2010 - 11 IS DIRECTED AGAINST CIT(A) - 6 , HYDERABADS ORDER DATED 3 1 / 0 7 /201 9 INVOLVING PROCEEDINGS U/S 143(3) RWS 147 OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. 2. AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THAT THE ASSESSEE HAS OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN ITA NO. 1699 /H/1 9 RAJESH RAMESH ASRANI, SECIBAD. : - 2 - : TUNE THERETO , WHICH IS PLACED ON RECORD AND THEREFORE, REQUESTED THE BENCH TO PERMIT TO WITHDRAW TH IS APPEAL OF THE ASSESSEE. 3. HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, WE ARE I NCLINED TO DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND RECEIVED FORM(S) - 3 IN TUNE THERETO , WITH A RIDER THAT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 T O FILE FOR REVIVAL OF TH I S CASE, IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO H IM FOR TECHNICAL REASONS. 4 . IN THE RESULT, ASSESSEES APPEAL IS DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 6 TH APRIL , 2021 . SD/ - SD/ - ( P. MADHAVI DEVI ) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 6 T H APRIL , 20 2 1 . KV ITA NO. 1699 /H/1 9 RAJESH RAMESH ASRANI, SECIBAD. : - 3 - : C OPY TO : 1 RAJESH RAMESH ASRANI, C/O KATRAPATHI & ASSOCIATES, 1 - 1 - 298/2/B/3, 1 ST FLOOR, ASHOK NAGAR, HYDERABAD 500 020 2 IT O , WARD 10(3 ), 5 TH FLOOR, A BLOCK, IT TOWERS, AC GUARDS, HYDERABAD 500 004 3 CIT(A) 6 , HYDERABAD 4 PR. CIT 6 , HYDERABAD. 5 ITAT, DR, HYDERABAD 6 GUARD FILE.