Appeal details
Counselvise Citation
[2021] 108 COUNSELVISE.COM (IT) 5990 (ITAT-HYDERABAD)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
1 year(s) 4 month(s) 7 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
16-04-2021
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
DB-B
Next Hearing Date
15-04-2021
Assessment Year
2014-2015
Appeal Filed On
09-12-2019
Judgement Text
I N THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI L . P . SAHU, ACCOUNTANT MEMBER AND SHRI DUVURU R.L. REDDY, JUDICIAL MEMBER ITA NO. 1777 /HYD./1 9 A.Y. 2014 - 15 TELUGU FILM PRODUCERS MUTUALLY VS. ITO, WARD 1 4(5) AIDED COOPERATIVE HOUSING SOCIETY LTD. HYDERABAD HYDERABAD [PAN: AAATTT 6759P ] (APPELLANT) (RESPONDENT) FOR ASSESSEE : SMT. S ANTI PAWAN FOR PAWAN KUMAR CHAKRAPANI, AR FOR REVENUE : SHRI ROHIT MUJUMDAR, DR DATE OF HEARING : 15 - 04 - 2021 DATE OF PRONOUNCEMENT : 16 - 0 4 - 2021 O R D E R PER DUVURU R.L. REDDY, J.M. : TH IS IS ASSESSEE S APPEAL FOR AY.20 14 - 15 FILED AGAINST THE ORDER OF CIT(A) 6 , HYDERABAD DATED 05.09.2019 IN PROCEEDINGS U/S 143(3) OF THE INCOME TAX ACT, 1961 [THE ACT, FOR SHORT]. 2. AT THE OUTSET, WE ARE INFORMED DURING THE COURSE OF HEARING BY LEARNED COUNSEL FOR ASSESSEE THAT THEY HAVE FILED FOR SETTLEMENT BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 BY WAY OF FORM NO.1 & 2 AND FORM - 3 ALSO IS RECEIVED FROM THE DEPARTMENT , AND ASSESSEE MAY BE PERMI TTED TO WITHDRAW THIS APPEAL. ITA NO 1777/HYD/19 AAY 2014 - 15 TELUGU FILM PRODUCERS MUTUALLY AIDED |CO - O PERATIVE HOUSING SOCIETY LTD. 2 3. AFTER HEARING BOT H THE PARTIES, WE DISMISS THE APPEAL OF THE ASSESSEE WITH A LIBERTY TO APPROACH THE TRIBUNAL IF ASSESSEES CASE IS NOT ACCEPTED IN THE VIVAD SE VISHWAS SCHEME BY THE REVENUE FOR WHATSOEVER MAY BE THE REASON, THEN THE ASSESSEE SHALL BE AT LIBERTY TO FILE M ISC. APPLICATION BEFORE THE TRIBUNAL WITHIN THE TIME LIMIT PRESCRIBED UNDER THE ACT TO REINSTATE ASSESSEES APPEAL. ORDERED ACCORDINGLY. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 16 /04/2021. SD/ - SD/ - (L . P . SAHU) ( DUVURU R.L. REDDY ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 16 TH APRIL, 2021 *GMV COPY OF THE ORDER FORWARDED TO: 1. TELUGU FILM PRODUCERS MUTUALLY AIDED CO - OPERATIVE HOUSING SOCIETY LIMITED, 2 ND FLOOR, FILM NAGAR CO - OPERATIVE HOUSING SOCIETY COMPLEX, FILM NAGAR, JUBILEE HILLS, HYDERABAD 500 033, TELANGANA. 2. ITO, WARD 14(5), HYDERABAD. 3. ACIT, RANGE 14, HYDERABAD 4. CIT(A) - 6, HYDERABAD. 5. PR.CIT - 6, HYDERABAD 6. DR ITAT 7. GUARD FILE
