Mr.Vikash Kejriwal , Bangalore V. Deputy Commissioner of Income Tax Circle-7(1)(1), Bangalore

ITA 2414/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 5186 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 11 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 21-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R PREMI
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI. B. R. BASKARAN, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.2414/BANG/2018 ASSESSMENT YEAR : 2015 16 MR. VIKASH KEJRIWAL, 8/52, GF, PRESIDENT CHAMBERS RICHMOND ROAD, BENGALURU-560 025. PAN : ACXPK 9134 G. VS. THE DY. COMMISSIONER OF INCOME-TAX, CIRCLE-7(1)(1), BENGALURU. APPELLANT RESPONDENT APPELLANT BY : SHRI BALRAM R RAO, ADVOCATE RESPONDENT BY : SMT. R PREMI, JCIT DATE OF HEARING : 13-07-2020 DATE OF PRONOUNCEMENT : 31-07-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL HAS BEEN FILED BY ASSESSEE AGAINST O RDER DATED 03/07/2018 PASSED BY LD.CIT(A)-7, FOR ASSESSMENT YE AR 2015- 16. 2. ASSESSEE IS AGGRIEVED BY DECISION OF LD.CIT(A) I N CONFIRMING ADDITION OF RS.10,88,503/- BY LD.AO U/S 143(3) OF THE ACT FOR YEAR UNDER CONSIDERATION. 3. LD. AR SUBMITTED THAT PRESENT APPEAL WAS FIXED FOR HEARING ON 26/08/2020. LD.AR ALSO SUBMITTED THAT ASSESSEE HAS BEEN PAGE 2 OF 4 ITA NO.2414/BANG/2018 SERVED WITH FORM 3 VIDE CERTIFICATE NO. 3627926802 20620 ON 22/6/2020 UNDER VIVAD SE VISHWAS SCHEME ACT. 4. ACCORDINGLY APPEAL FILED BY ASSESSEE WAS PREPONE D TO 13/7/2020, VIDE HONBLE V.PS ORDER DATED 10/7/2020 . 5. ACCORDINGLY THE LD. AR PRAYED FOR WITHDRAWAL OF APPEAL VIDE HIS LETTER DATED 7/7/2020. 6. LD D.R, DOES NOT OBJECT TO THE APPEAL BEING WITHDRAWN. 7. WE HAVE HEARD BOTH SIDES AND PERUSED RECORD PLAC ED BEFORE US. SINCE ASSESSEE OPTED FOR VIVAD SE VISHWAS SCHE ME, 2020 AND THAT FORM 3 HAS BEEN SERVED, ASSESSEE IS SEEKIN G TO WITHDRAW PRESENT APPEAL FILED BEFORE THIS TRIBUNAL. ACCORDINGLY, WE DISMISS PRESENT APPEAL BY ASSESSEE AS WITHDRAWN. IN THE RESULT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST JULY, 2020 SD/- SD/- (B. R. BASKARAN) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 31 ST JULY, 2020. /VMS/ PAGE 3 OF 4 ITA NO.2414/BANG/2018 COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE PAGE 4 OF 4 ITA NO.2414/BANG/2018 DATE INITIAL 1. DRAFT DICTATED ON ON DRAGON SR.PS 2. DRAFT PLACED BEFORE AUTHOR -06-2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER -06-2020 JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. -06-2020 JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS -07-2020 SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON -07-2020 SR.PS 7. DATE OF UPLOADING THE ORDER ON WEBSITE -07-2020 SR.PS 8. IF NOT UPLOADED, FURNISH THE REASON -- SR.PS 9. FILE SENT TO THE BENCH CLERK -07-2020 SR.PS 10. DATE ON WHICH FILE GOES TO THE AR 11. DATE ON WHICH FILE GOES TO THE HEAD CLERK. 12. DATE OF DISPATCH OF ORDER. 13. DRAFT DICTATION SHEETS ARE ATTACHED NO SR.PS