M/s. Gajanana Urban Co-operative Bank, Haveri V. The Director Of Income -tax (Intelligence & Criminal Investigation), Bangalore

ITA 1875/BANG/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7210 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 01-09-2020
• Assessment Year: 2006-2007
• Appeal Filed On: 30-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI. A.K.GARODIA, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NOS.1875 TO 1880/BANG/2019 ASSESSMENT YEAR : 200607 TO 2011-12 M/S GAJANANA URBAN CO - OPERATIVE BANK, MAIN ROAD, BYADAGI, HAVERI, KARNATAKA-580 016. PAN AAAAG 0248 D VS. THE DIRECTOR OF INCOME - TAX [INTELLIGENCE AND CRIMINAL INVESTIGATION], BENGALURU. APPELLANT RESPONDENT APPELLANT BY : SHRI SURESH MUTHUKRISHNAN, C.A RESPONDENT BY : SHRI S SUNDAR RAJAN , ADDL. CIT DATE OF HEARING : 01 - 0 9 - 2020 DATE OF PRONOUNCEMENT : 0 4 - 0 9 - 2020 ORDER PER BENCH: PRESENT APPEALS HAVE BEEN FILED BY ASSESSEE AGAINST COMMON ORDER DATED 03/07/2019 PASSED BY LD.CIT(A)-13, BANG ALORE, FOR ASSESSMENT YEARS 2005-06 TO 2010-11. 2. A LETTER HAS BEEN FILED BY LD.AR STATING THAT AS SESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME, 2020. IT HAS BEE N SUBMITTED THAT ASSESSEE SEEKS WITHDRAWAL OF THE APPEAL. PAGE 2 OF 3 ITA NO. 1875 - 1880/BANG/2019 3. LD.SR.DR DO NOT OBJECT TO THE SAME. 4. WE HAVE PERUSED SUBMISSIONS ADVANCES BY BOTH SID ES IN LIGHT OF RECORDS PLACED BEFORE US. 5. AS ASSESSEE HAS SOUGHT FOR VSVS- SCHEME 2020, NO PURPOSE WILL BE SERVED IN KEEPING THE PRESENT APPEAL PENDIN G. WE ALSO NOTE THAT ASSESSEE HAS YET NOT RECEIVED FORM 3 FROM THE DEPARTMENT. CONSIDERING THE SITUATION, WE DISMISS THE PRESENT A PPEAL AS WITHDRAWN. HOWEVER, LIBERTY IS GRANTED TO MOVE APPR OPRIATE APPLICATION FOR RECALL OF THIS ORDER, IN THE EVENT, FORM 1 FILED BY ASSESSEE IS NOT ACCEPTED BY REVENUE. IN THE RESULT, WITH ABOVE LIBERTY, WE DISMISS PRESE NT APPEAL AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 4 TH SEPT, 2020. SD/- SD/- (A.K GARODIA) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE, DATED, THE 4 TH SEPT, 2020. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME-TAX A PPELLATE TRIBUNAL, BANGALORE.