RAMAKRISHNA VENUGOPALAN, CHENNAI V. ITO, WARD - 2(2), INTERNATIONAL TAXATION, CHENNAI

ITA 1757/CHNY/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5385 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 3 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 01-12-2021
• Assessment Year: 2011-2012
• Appeal Filed On: 06-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G JOHNSON
• Section: 22

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL , C B ENCH, CHENNAI , . , % BEFORE SHRI MAHAVIR SINGH, VICE-PRESIDENT AND SHRI G.MANJUNATHA, ACCOUNTANT MEMBER ./ I.T.A.NO.1757/CHNY/2019 ( / ASSESSMENT YEAR: 2011-12) MR. RAMAKRISHNA VENUGOPALAN 16/5, THIRU APARTMENTS, 3 RD MAIN ROAD, R.A.PURAM CHENNAI-600 028 VS THE INCOME TAX OFFICER, WARD-2(2) INTERNATIONAL TAXATION, CHENNAI. PAN: ABSPV 6896J ( /APPELLANT) ( /RESPONDENT) / APPELLANT BY : NONE /RESPONDENT BY : MR. G.JOHNSON, ADDL.CIT /DATE OF HEARING : 22.09.2021 /DATE OF PRONOUNCEMENT : 22.09.2021 / O R D E R PER G.MANJUNATHA, AM: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGA INST THE ORDER OF THE LEARNED CIT(A-16, CHENNAI DATED 12.04. 2019 AND PERTAINS TO ASSESSMENT YEAR 2011-12. 2. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE. WE HAVE HEARD LEARNED DR AND ALSO PERUSED THE MATERIALS AVAILABLE ON RECORD. THE ASSESSEE HAS FI LED A LETTER ALONG WITH FORM NO.3 ISSUED BY THE DEPARTMENT UNDER VIVAD SE VISHWAS SCHEME, 2020 AND SUBMITTED THAT THE ASS ESSEE HAS AVAILED THE VSVS SCHEME TO SETTLE ITS PENDING D ISPUTES. THE ASSESSEE FURTHER SUBMITTED THAT THE DEPARTMENT HAS ACCEPTED APPLICATION FILED BY THE ASSESSEE AND ISSU ED FORM 3 2 ITA NO.1757/CHNY/2019 QUANTIFYING AMOUNT OF TAXES PAYABLE UNDER VSVS SCHE ME. THEREFORE, THE ASSESSEE SUBMITTED THAT THE APPEAL F ILED BY THE ASSESSEE MAY BE DISMISSED AS WITHDRAWN. THE LD. DR , ON THE OTHER HAND, HAS NO OBJECTION FOR DISMISSING THE APP EAL AS THE DESIGNATED AUTHORITY HAS ISSUED FORM 3. THEREFORE, CONSIDERING THE FACT THAT THE ASSESSEE HAS FILED AP PLICATION FOR WITHDRAWAL OF APPEAL AND HAS ALSO FILED FORM 3 ISS UED BY THE DEPARTMENT, WE DISMISS THE APPEAL FILED BY THE ASSE SSEE AS WITHDRAWN. HOWEVER, A LIBERTY IS GIVEN TO THE ASSE SSEE TO RESTORE THE APPEAL, IN CASE THE APPLICATION FILED B Y THE ASSESSEE BEFORE THE DESIGNATED AUTHORITY, IS REJECTED FOR AN Y REASON. 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22 ND SEPTEMBER, 2021 SD/- SD/- ( ) ( . ) (MAHAVIR SINGH) (G. MANJUNATHA ) / VICE-PRESIDENT % / ACCOUNTANT MEMBER ' /CHENNAI, ( / DATED 22 ND SEPTEMBER, 2021 DS *+ ,+ /COPY TO: 1. APPELLANT 2. RESPONDENT 3. - () /CIT(A) 4. - /CIT 5. + 1 /DR 6. /GF .