Chaluvadi Venkata Narasimha Rao , Prakasam V. Income Tax Officer, Ward-2, Ongole

ITA 1762/Hyd/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 0858 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 3 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 30-12-2020
• Assessment Year: 2009-2010
• Appeal Filed On: 30-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA NO 1762 OF 2018 CHALUVADI VENKATA NARASIMHA RA O PRAKASAHAM PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD SMC BENCH, HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER ITA NO.1762/HYD/2018 ASSESSMENT YEAR: 2009-10 SHRI CHALUVADI VENKATA NARASIMHA RAO, PRAKASHAM PAN:AEHPC7863G VS. INCOME TAX OFFICER WARD 2 ONGOLE (APPELLANT) (RESPONDENT) ASSESSEE BY: SMT. S. SANDHYA REVENUE BY : SRI ROHIT MUJUMDAR -DR DATE OF HEARING: 21/12/2020 DATE OF PRONOUNCEMENT: 21/12/2020 ORDER THIS IS ASSESSEES APPEAL FOR THE A.Y 2009-10 AGAIN ST THE ORDER OF THE CIT (A)-1, GUNTUR, DATED 21/12/201 1. 2. A T THE OUTSET, THE LD. AR SUBMITTED BEFORE THE TRIBUNAL THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT HAS ALREADY AVAILED THE BENEFIT OF VIVAD SE VIS HWAS SCHEME WHEREIN ITS APPLICATION WAS ACCEPTED. THEREFORE, CO NSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPE AL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR . 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD. AR, I HEREBY ALLOW THE APPEAL OF THE ITA NO 1762 OF 2018 CHALUVADI VENKATA NARASIMHA RA O PRAKASAHAM PAGE 2 OF 2 ASSESSEE TO BE WITHDRAWN. I ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTA TE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SC HEME IS REJECTED. 5. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 21 ST DECEMBER, 2020. SD/- (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 21 ST DECEMBER, 2020. VINODAN/SPS COPY TO: 1 SRI CHALUVADI VENKATA NARASIMHA RAO, 9-417 MAIN R OAD, KANIGIRI, PRAKASAM DISTT. 2 ITO WARD 2 SANTHAPET, ONGOLE 523001 3 CIT (A)-1 GUNTUR 4 PR. CIT - GUNTUR 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER