Air Control Engineers, Hyderabad V. Asst. Commissioner of Income Tax, Circle-4(1), Hyderabad

ITA 1950/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2991 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 8 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 10-06-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 25-09-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA NO. 1950 /H/2 0 1 8 A SSESSMENT Y EAR : 201 3 - 1 4 AIR CONTROL ENGINEERS , HYDERABAD. PAN A A HFA 0649F VS. ASST. COMMISSIONER OF INCOME - TAX , CIRCLE 4 ( 1 ), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY: S MT. S. SANDHYA REVENUE BY: S HRI ROHIT MUJUMDAR DATE OF HEARING: 1 0 /0 6 /2021 DATE OF PRONOUNCEMENT: 16 / 0 6 /2021 O R D E R PER L.P. SAHU, AM : T H IS APPEAL FILED BY THE ASSESSEE FOR AY 2014 - 15 IS DIRECTED AGAINST CIT(A) - 1 , HYDERABADS ORDER DATED 31 / 0 5 /201 8 INVOLVING PROCEEDINGS U/S 143(3) OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. 2. AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THAT THE ASSESSEE HAS OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND WAITING TO RECEIVE ITA NO. 1950 / H YD/ 20 1 8 AIR CONTROL ENGINEERS , HYD. : - 2 - : FORM(S) - 3 , AND THEREFORE, REQUESTED THE BENCH TO PERMIT TO WITHDRAW TH IS APPEAL OF THE ASSESSEE. 3. HAVING REGARD TO THE FACTS AND CIRCUMSTANCES OF THE CASE, W E ARE INCLINED TO DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN SINCE THE ASSESSEE HAS PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND AWAITING TO RECEIVE FORM(S) - 3 IN TUNE THERETO , WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF TH I S CASE, IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO IT FOR TECHNICAL REASONS. 4 . IN THE RESULT, ASSESSEES APPEAL IS DISMISSED IN ABOVE TERMS. PRONOUNCED IN THE OPEN COURT ON 16 TH JUNE , 2021 . SD/ - SD/ - (S . S . GODARA) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 16 TH JUNE , 20 2 1 . KV ITA NO. 1950 / H YD/ 20 1 8 AIR CONTROL ENGINEERS , HYD. : - 3 - : C OPY TO : 1 M/S AIR CONTROL ENGINEERS, 1 - 2 - 234/13/33, PLOT NO. 33, ARVINDA NAGAR COLONY, DOMALGUDA, HYDERABAD 500 029. 2 AC IT , CIRCLE 4 ( 1 ) , IT TOWERS, MASAB TANK, HYDERABAD . 3 CIT(A) 1 , HYDERABAD 4 PR. CIT 6 , HYDERABAD. 5 ITAT, DR, HYDERABAD 6 GUARD FILE.