Sri Mohammed Shafiq Arshad , Bangalore V. Assistant Commissioner of Income Tax Circle-7(2)(1), Bangalore

ITA 2285/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4148 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 2 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 26-10-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 30-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR NISCHAL JT BENGALURU
• Assessee Lawyers: NITISH RANJAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI A K GARODIA , ACCOUNTANT MEMBER IT A NO. 2285/B A N G /2018 ASSESSMENT YEAR: 2014 - 15 MR. MOHAMMED SHAFIQ ARSHAD, NO.351, 12 TH CROSS 2 ND BLOCK, JAYANAGAR, BANGALORE 560 011. PAN: AAHPA 5027G VS. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE (7)(2)(1), BANGALORE. APPELLANT RESPONDENT APPELLANT BY : SHRI NI TISH R A NJAN. RESPONDENT BY : DR. NISCHAL, JT. CIT(DR)(ITAT), BENGALURU. DATE OF HEARING : 26 .1 0.20 20 DATE OF PRONOUNCEMENT : 28 . 1 0.2020 O R D E R PER N.V. VASUDEVAN, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS AGAINST THE ORDER DATED 08.06.2018 OF THE CIT(APPEALS)-14, BENGALURU RELATING TO ASSES SMENT YEAR 2014-15. 2. AT THE TIME OF HEARING OF THE APPEAL, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME ACT (VSVS), 2020. THE BENCH POINTED OUT TH AT THE BANGALORE BENCHES IN SUCH CASES IS DISMISSING THE APPEAL AS W ITHDRAWN, WITH LIBERTY TO SEEK RECALL OF THE ORDER, TO WHICH THE LD. COUNS EL FOR THE ASSESSEE AGREED. ACCORDINGLY, THE APPEAL IS DISMISSED AS W ITHDRAWN. HOWEVER, THE ASSESSEE IS AT LIBERTY TO SEEK RECALL OF THIS ORDER IN THE EVENT OF NON-RECEIPT OF FORM NO.3, OR FOR ANY SUCH REASON UNDER THE VSVS . ITA NO. 2285/BANG/2018 PAGE 2 OF 2 3. IN THE RESULT, THE APPEAL IS DISMISSED AS WIT HDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 28 TH DAY OF OCTOBER, 2020. SD/- SD/- ( A K GARODIA ) ( N V VASUDEVAN ) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED, THE 28TH OCTOBER, 2020. / DESAI S MURTHY / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.