M/s. World Schools Foundation, Chamarajapet V. Assistant Commissioner Of Income Tax, (International Taxation), Circle- 2(2), Bangalore

ITA 2044/BANG/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4344 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 4 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 30-07-2020
• Assessment Year: 2017-2018
• Appeal Filed On: 23-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRIYADARSHI MISHRA
• Assessee Lawyers: SIDDESH S N GADDI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES B, BANGALORE BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM ITA NO.2043/BANG/2019 : ASST.YEAR 2016-2017 ITA NO.2044/BANG/2019 : ASST.YEAR 2017-2018 M/S.WORLD SCHOOLS FOUNDATION NO.29, SUKAPRADA, 1 ST MAIN ROAD CHAMARAJAPET BANGALORE 560018. PAN : AAATW1676N. V. THE ASST.COMMISSIONER OF INCOME-TAX (INTL.TAXATION) CIRCLE 2(2) BANGALORE. (APPELLANT) (RESPONDENT) APPELLANT BY : SRI.SIDDESH S.N.GADDI, CA RESPONDENT BY : SRI.PRIYADARSHI MISHRA , ADDL.CIT-DR DATE OF HEARING : 15.02.2021 DATE OF PRONOUNCEMENT : 15.02.2021 O R D E R PER GEORGE GEORGE K, JM : THESE APPEALS AT THE INSTANCE OF THE ASSESSEE ARE DIRECTED AGAINST COMMON ORDER OF THE CIT(A) DATED 23.07.2019. THE RELEVANT ASSESSMENT YEARS ARE 2016-2017 AND 2017-2018. 2. AT THE TIME OF HEARING BEFORE US, THE LEARNED COUNSEL FOR THE ASSESSEE HAS FURNISHED A LETTER DATED 12 TH FEBRUARY, 2021, WHEREIN IT IS STATED THAT THE ASSESSEE HAS OPTED FOR FILING THE APPLICATION UNDER DIRECT TAX VIVAD SE VISHWAS ACT, FOR SETTLEMENT OF THE DISPUTE, AND ACCORDINGLY, PRAYED THAT THE APPEALS MAY BE TREATED AS WITHDRAWN, WITH LIBERTY TO APPLY FOR A RECALL, IF FORM 1 & 2 FILED BY THE ASSESSEE ARE NOT ACCEPTED BY THE DEPARTMENT FOR ANY REASON. ITA NOS.2043-2044/BANG/2019 M/S.WORLD SCHOOLS FOUNDATION. 2 3. WE HAVE HEARD RIVAL SUBMISSIONS AND PERUSED THE MATERIAL ON RECORD. IN VIEW OF THE SUBMISSION OF THE LEARNED COUNSEL FOR THE ASSESSEE IN HIS LETTER DATED 12 TH FEBRUARY, 2021, WE DISMISSED THE APPEALS AS WITHDRAWN. THE ASSESSEE IS GIVEN LIBERTY TO MOVE APPROPRIATE APPLICATION FOR RECALLING THE PRESENT ORDER IN ACCORDANCE WITH LAW, IF THE ASSESSEE INTENDS TO DO SO. 4. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED, AS WITHDRAWN. ORDER PRONOUNCED ON THIS 15 TH DAY OF FEBRUARY, 2021 . SD/- SD/- ( CHANDRA POOJARI ) ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 15 TH FEBRUARY, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT(A)-12, BANGALORE 4. THE PR.CIT (INTL. TAXATION), BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE