M/s. Churiwal Developers Private Limited, Bangalore V. Deputy Commissioner Of Income Tax, Circle- 2(1)(1), Bangalore

ITA 196/BANG/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7038 (ITAT-BANGALORE)
• Duration Of Justice: 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 06-01-2021
• Assessment Year: 2015-2016
• Appeal Filed On: 11-02-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 254(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL SMC-A BENCH : BANGALORE BEFORE SHRI N. V. VASUDEVAN, VICE PRESIDENT ITA NO.196/BANG/2020 ASSESSMENT YEAR : 2015-16 M/S. CHURIWAL DEVELOPERS PVT. LTD., B-83, GANGA HEIGHTS, 18 TH MAIN, 24 TH CROSS, 1 ST STAGE, HBR LAYOUT, 5 TH BLOCK, BANGALORE 560 043. PAN : A ACCC 8529 M VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2[1][1], BANGALORE. APPELLANT RESPONDENT ASSESSEE BY : SHRI. MUKESH KUMAR JAIN , C A REVENUE BY : SHRI. GANESH R. GHALE , SR. STANDING COUNSEL DATE OF HEARING : 2 7 .1.2021 DATE OF PRONOUNCEMENT : 28 .1.2021 O R D E R THIS IS AN APPEAL BY THE ASSESSEE AGAINST THE ORDER DATED 06.11.2019 OF CIT(A)-2, BANGALORE, RELATING TO ASSESSMENT YEAR 2015-16. 2. THE LEARNED AR OF THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE IN THIS APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020, HAS FILED FORM 1, 2 AND 3 AND HAS REQUESTED FOR ADJOURNMENT OF THE APPEAL. 3. IN THE COURSE OF HEARING, IT WAS THE PROPOSITION PUT FORWARD BY THE BENCH THAT UNDER THESE FACTS, THE APPEAL OF THE ASSESSEE MAY BE DISMISSED AS WITHDRAWN AND LIBERTY MAY BE GRANTED TO THE ASSESSEE TO APPROACH THIS TRIBUNAL FOR RECALL OF THIS ORDER UNDER SECTION 254(2) OF THE ACT IN CASE THE ASSESSEE FINALLY OPTS OUT OF VIVAD SE VISHWAS SCHEME, 2020. IN REPLY, IT WAS ITA NO.196/BANG/2020 PAGE 2 OF 2 SUBMITTED BY LEARNED AR OF THE ASSESSEE THAT IF THE LIBERTY IS GRANTED TO THE ASSESSEE, THEN WE HAVE NO OBJECTION ABOUT DISMISSAL OF THE APPEAL AS WITHDRAWN. 4. THE APPEAL IS ACCORDINGLY DISMISSED AS WITHDRAWN. THE ASSESSEE IS HOWEVER AT LIBERTY TO SEEK RECALL OF THIS ORDER IN CASE THE ASSESSEE IS NOT ABLE TO SETTLE THE DISPUTE UNDER THE SCHEME. 5. IN THE RESULT, ASSESSEES APPEAL IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/- SD/- SD/- SD/- BANGALORE, DATED: 27.1.2021. /NS/* COPY TO: 1. APPELLANTS 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE. ( CHANDRA POOJARI ) (N. V. VASUDEVAN) ACCOUNTANT MEMBER VICE PRESIDENT