S.V.Engineering Constructions , Nellore V. Asst. Commissioner of Income Tax, Central Circle, Tirupathi

ITA 1949/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8684 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 5 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2013-2014
• Appeal Filed On: 24-09-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: A V RAGHURAM
• Section: 201; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD. BEFORE S MT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO . 1 949 /HYD/201 8 (ASSESSMENT YEAR : 20 1 3 - 14 ) M/S. S.V. ENGINEERING CONSTRUCTIONS, D.NO.1, CHANDRABAGH BUILDINGS, DARGAMITTA, NELLORE - 524 003 PAN AAIFS 2414A VS. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, TIRUPATHI. APPELLANT RESPONDENT ASSESSEE BY : SHRI A. V. RAGHURAM. RE VENUE BY : SHRI SUNIL KUMAR PANDEY (D.R) DATE OF HEARING : 17 .03.2021 . DATE OF PRONOUNCEMENT : 22 .03 .2021. O R D E R PER S MT. P. MADHAVI DEVI, J.M. : TH IS APPEAL FILED BY THE ASSESSEE IS ARISING OUT OF ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 3 , VISAKHAPATNAM DT.2 6.0 6 .201 8 FOR THE ASSESSMENT YEAR 201 3 - 14 . 2. TH E LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT THE ASSESSE E DO ES NOT WANT TO PURSUE THE APPEAL AS HE HAS ALREADY FILED F ORMS I & II UNDER THE 2 ITA NO.1 949 /HYD/201 8 DIRECT T AX VIVAD SE VISWAS SCHEME, 2020 AND FORM 3 IS YET TO BE ISSUED BY DEPARTMENT. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSE E DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE REVENUE MAY BE TREATED AS WITHDRAWN. 3.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 ASSESSE EE AND LD. AR, WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. 7. IN THE RESULT , APPEAL OF ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 22ND MARCH, 2021. SD/ - SD / - (A. MOHAN ALANKAMONY ) ( SMT. P. MADHAVI DEVI ) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT. 22 . 03.2021. * REDDY GP COPY TO : 1. M/S. S.V. ENGINEERING CONSTRUCTIONS, D.NO.1, CHANDRABAGH BUILDINGS, DARGAMITTA, NELLORE - 524 003 2. A C IT, CENTRAL CIRCLE, TIRUPATHI . 3. PR. C I T (CENTRAL) , VISAKHAPATNAM . 4. CIT (A) - 3 , VISAKHAPATNAM. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. 3 ITA NO.1 949 /HYD/201 8 BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.