Modi Ventures, Secunderabad V. Income Tax Officer, Ward-10(4) , Hyderabad

ITA 200/Hyd/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2654 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 4 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: misc
• Appeal Filed On: 13-02-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MAJUMDAR
• Section: 143(3); 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD. BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND SHRI L . P . SAHU, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 200 /HYD/20 20 (ASSESSMENT YEAR : 20 1 1 - 12 ) M/S. MODI VENTURES, SECUNDERABAD - 500 003 PAN AAJFM 0646D ..APPELLANT. VS. INCOME TAX OFFICER, WARD 1 0(4) , HYDERABAD. ..RESPONDENT. APPELLANT BY : S MT. S .SANDHYA . RESPONDENT BY : SHRI ROHIT MAJUMDAR (D.R.) DATE OF HEARI NG : 8 .6 .2021. DATE OF PRONOUNCEMENT : 14 .0 6 .2021. O R D E R PER SHRI S.S. GODARA, J.M. : THIS ASSESSEES APPEAL FOR ASST. YEAR 201 1 - 12 ARISES FROM THE COMMISSIONER OF INCOME TAX (APPEALS) - 6 , HYDERABAD S ORDER DT. 1 7.12. 2019 PASSED IN CASE NO.10445/2018 - 19/A3 CIT(A) - 6 PR OCEEDINGS UNDER SECTION 143(3) RWS 147 OF INCOME TAX ACT, 1961 (THE ACT). HEARD BOTH THE PARTIES . C ASE FILE PERUSED. 2 ITA NO. 200 /HYD/20 20 2. THE LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS HE HAS ALREADY FILED FORMS I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 . THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE L EARNED DEPARTMENT REPRESENTATIVE CONCEDED TO THE REQUEST OF THE LEARNED AUTHORIZED REPRESENTAT IVE. 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE LEARNED AUTHORIZED REPRESENTATIVES REQUEST OF THE ASSESSEEE AND WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. 7.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 14TH JUNE, 2021. SD/ - SD/ - (L .P. SAHU) (S.S. GODARA) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT. 14 .0 6 .2021. * REDDY GP 3 ITA NO. 200 /HYD/20 20 COPY TO : 1. M/S. MODI VENTURES, 5 - 4 - 187/3 & 4, 2 ND FLOOR, SOHAM MANSION, MG ROAD, SECUNDERABAD. 2. ITO, WARD 1 0(4) , HYDERABAD . 3. PR. C I T - 6 , HYDERABAD . 4. CIT(APPEALS) - 6 , HYDERABAD . 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.