Manvi Rajalbandi Krishna, Raichur V. The Assistant Commissioner Of Income Tax, Circle- 1, Raichur

ITA 1831/BANG/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9426 (ITAT-BANGALORE)
• Duration Of Justice: 11 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 18-08-2020
• Assessment Year: 2011-2012
• Appeal Filed On: 23-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S SUNDAR RAJAN
• Section: 143(3); 250; 201; 254(2); 147

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES A BENCH: BANGALORE BEFORE SHRI G. MANJUNATHA , ACCOUNTANT MEMBER AND SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER ITA NO. 18 31 /BANG/201 9 (ASSESSMENT YEAR: 201 1 - 12 ) SHRI MANVI RAJALBANDI KRISHNA, P ROP. SAGAR AGENCIES, BUS STAND ROADS, SIRWAR, RAICHUR - 584 122 .APPELLANT PAN : AFMPK 3905P VS. ASST . COMMISSIONER OF INCOME TAX, CIRCLE 1, RAICHUR. RESPONDENT. ASSESSEE BY: NONE. REVENUE BY: S HRI S. SUNDAR RAJAN, ADDL. CIT (D.R) DATE OF HEARING : 18.08 .20 20 DATE OF PRONOUNCEMENT : 19 .08 .20 20 O R D E R PER SHRI PAVAN KUMAR GADALE, JM : THE ASSESSEE HAS FILED AN APPEAL AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS), KALABURAGI PASSED U/S. 143(3) R.W.S. 147 AND U/S 250 OF THE INCOME TAX ACT, 1961. 2. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE. WHERE AS, A LETTER DT.4.8.2020 WAS SUBMITTED WITH REGISTRY STATING, THAT THE ASSESSEE IS INTEND ED 2 ITA NO. 18 31/BANG/2019 TO SETTLE THE LITIGATION BY OPTING FOR THE VIVAD SE VIS WAS SCHEME, 2020 AND THE APPLICATION WAS ACCEPTED. THE ASSESSEE WISHES TO WITHDRAW THE APPEAL AND T HE L EARNED DEPARTMENT AL REPRESENTATIVE HAS NO OBJECTION. 3. WE HEARD LEARNED DEPARTMENTAL REPRESENTATIVE AND PERUSED THE MATERIAL ON RECORD. T HE ASSESSEE HAS OPTED FOR VIVA D SE VISHWAS SCHEME, 2020, AND AN APPLICATION WAS FILED WITHDRAWING THE PRESENT APPEAL FILED BEFORE TH E TRIB UNAL. SINCE THE ASSESSEE HAS ALREADY FILED THE APPLICATION, OPTING FO R VIV AD SE VISHWAS SCHEME 2020, W E ARE OF THE VIEW THAT NO PURPOSE WILL BE SERVED IN KEEPING THE APPEAL PENDING. ACCORDINGLY , WE DISMISS THE APPE AL OF THE ASSESSEE AS WITH DRAWN AND T HE ASSESSEE IS GIVEN LIBERTY TO M OVE AN APPLICATION UNDER SECTION 254(2) OF THE A CT TO RECALL THE PRESENT O RDER IF THE ASSESSEE INTENDS TO DO SO, IN ACCORDANCE WITH THE PROVISIONS OF LAW. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DI SMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/ - SD/ - ( G. MANJUNATHA ) (PAVAN KUMAR GADALE) ACCO UNTANT MEMBER JUDICIAL MEMBER DATED: 1 9 .08 . 20 20 . *REDDY GP 3 ITA NO. 18 31/BANG/2019 COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT (APPEALS) 4. PRIN. CIT 5. DR, ITAT 6. GUARD FILE. BY ORDE R ASSISTANT REGISTRAR INCOME - TAX APPELLATE TRIBUNAL BANGALORE