Sri. Ranjanbala, Hosapete V. The Income Tax Officer, Ward- 1, Hosapete

ITA 2410/BANG/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 5024 (ITAT-BANGALORE)
• Duration Of Justice: 10 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 22-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI. B.R. BASKARAN, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.2410/BANG/2019 ASSESSMENT YEAR : 2013 14 RANJANBALA, #26, MAHENDRA AGENCIES, MAIN BAZAR, HOSAPETE. PAN AAXPB 2044 E VS. THE INCOME TAX OFFICER, WARD-1, HOSAPETE. APPELLANT RESPONDENT APPELLANT BY : NONE RESPONDENT BY : SHRI GANESH R GHALE, STANDING COUNSEL (DR) DATE OF HEARING : 01-10-2020 DATE OF PRONOUNCEMENT : 12-10-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL HAS BEEN FILED BY ASSESSEE AGAINST ORDER DATED 17/09/2019 PASSED BY LD. CIT (A),KALABURGI, F OR ASSESSMENT YEAR 2013-14. 2. AT THE OUTSET, LD.AR VIDE LETTER DATED 10/09/202 0 SUBMITTED THAT ASSESSEE HAS DECIDED TO GO IN FOR VS VS 2020. IT IS ALSO SUBMITTED THAT, APPEALS FILED BY ASSESS E FOR ASSESSMENT YEAR UNDER CONSIDERATION, MAY BE ALLOWED TO BE WITHDRAWN WITH LIBERTY. ASSESSEE ONCE AGAIN R EITERATED HER PAGE 2 OF 3 ITA NO.2410/BANG/2019 SUBMISSION WHICH IS SENT VIA EMAIL DATED 03/10/2020 , PLACED ON FILE POST HEARING WAS CONCLUDED. 3. LD.SR.DR DO NOT OBJECT TO THE SAME. 4. WE HAVE PERUSED SUBMISSIONS ADVANCES BY BOTH SID ES IN LIGHT OF RECORDS PLACED BEFORE US. 5. AS ASSESSEE HAS SOUGHT FOR VSVS- SCHEME 2020, NO PURPOSE WILL BE SERVED IN KEEPING THE PRESENT APPEAL PENDIN G. CONSIDERING THE SITUATION, WE DISMISS THE PRESENT APPEAL AS WIT HDRAWN. HOWEVER, LIBERTY IS GRANTED TO MOVE APPROPRIATE APP LICATION FOR RECALL OF THIS ORDER, IN THE EVENT, FORM 1 FILED BY ASSESSEE IS NOT ACCEPTED BY REVENUE OR IF THE ASSESSEE OPTS OUT OF THE SCHEME. ACCORDINGLY, ASSESSEES APPEALS FOR YEAR UNDER CONS IDERATION IS ALLOWED TO BE WITHDRAWN WITH LIBERTY. IN THE RESULT, ASSESSEES APPEALS ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 12 TH OCT, 2020 SD/- SD/- (B.R BASKARAN) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 12 TH OCT, 2020. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE