Mahesh Kumar Khetan , Adilabad V. Asst. Commissioner of Income Tax, Circle-1, Nizambad

ITA 2391/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 0120 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 23-07-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 27-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Assessee Lawyers: T S AJAY
• Section: 12

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD (THROUGH VIRTUAL CONFERENCE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND LAXMI P RASAD SAHU, ACCOUNTANT MEMBER SL.NO. ITA NO. AY APPELLANT RESPONDENT 1. 2391/H/18 2014 - 15 MAHESH K UMAR KHETAN, ADILABAD PAN - AAWPK2620E ASST. COMMISSIONER OF INCOME - TAX, CIRCLE 1, NIZAMABAD. 2 2392/H/18 2014 - 15 VIKRANT KUMAR KHETAN, ADILABAD PAN - AAWPK 2621F - DO - 3 2393/H/18 2014 - 15 DHIRAJ KUMAR KHETAN, ADILABAD PAN - AAWPK 2634C - DO - ASSESSEE BY: SHRI T.S. AJAY REVENUE BY: S HRI YVST SAI DATE OF HEARING: 2 3 /0 7 /2021 DATE OF PRONOUNCEMENT: 2 3 / 0 7 /2021 O R D E R PER BENCH : T H ESE APPEAL S FILED BY THE ASSESSEE S FOR AY 20 1 4 - 1 5 ARE DIRECTED AGAINST CIT(A) 5 , HYDERABADS SEPARATE ORDER S , DATED 12 / 1 2 /20 1 8 INVOLVING PROCEEDINGS U/S 143 ( 3 ) OF THE INCOME TAX ACT, 1961 ; IN SHORT THE ACT. ITA NO. 2391 TO 2393 /H YD/ 20 1 8 MAHESH KUMAR KHETAN AND OTHERS, ADILABAD. . : - 2 - : 2 AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE S HA VE OPTED TO AVAIL THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM NO.1 & 2 AND RECEIVE D FORM(S) - 3 IN TUNE THERETO , WHICH ARE PLACED ON RECORD, AND, THEREFORE, REQUESTED THE BENCH TO PERMIT TO WITHDRAW TH IS APPEAL OF THE ASSESSEE. 4 . HAVING REGARD TO THE FACT S AND CIRCUMSTANCES OF THE CASE, WE ARE INCLINED TO DISMISS THE APPEAL S OF THE ASSESSEE S AS WITHDRAWN SINCE THE ASSESSEE S HA VE PREFERRED TO AVAIL THE VIVAD - SE - VISHWAS SCHEME BY FILING FORM NO.1 & 2 AND RECEIVE D FORM(S) - 3 IN TUNE THERETO , WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR THE ASSESSEE S TO FILE FOR REVIVAL OF TH ESE CASE S , IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO THEM FOR TECHNICAL REASONS. 5 . IN THE RESULT, ASSESSEES APPEAL S ARE DISMISSED IN ABOVE TERMS. A COPY OF THIS COMMON ORDER BE PLACED IN THE RESPECTIVE CASE FILES. PRONOUNCED IN THE OPEN COURT ON 27 TH JULY , 2021 . SD/ - SD/ - (S . S . GODARA) (L . P . SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDE RABAD, DATED : 27 TH JULY , 20 2 1 . ITA NO. 2391 TO 2393 /H YD/ 20 1 8 MAHESH KUMAR KHETAN AND OTHERS, ADILABAD. . : - 3 - : KV C OPY TO : 1 MAHESH KUMAR KHETAN, 4 - 3 - 18/56, AMBEDKAR CHOWK, ADILABAD. 2 VIKRANT KUMAR KHETAN, 4 - 3 - 18/56, AMBEDKAR CHOWK, ADILABAD. 3 DHIRAJ KUMAR KHETAN, 4 - 6 - 18/56, AMBEDKAR CHOWK, ADILABAD. 4 IT O , WARD 1 , ADILABAD 5 CIT (A) 5 , HYDERABAD 6 PR. CIT - 5 , HYDERABAD 7 ITAT, DR, HYDERABAD 8 GUARD FILE.