M/s. Nam Estates Private Limited, Bangalore V. The Income Tax Officer, Ward- 12(1), Bengaluru

ITA 2517/BANG/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2384 (ITAT-BANGALORE)
• Duration Of Justice: 11 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2008-2009
• Appeal Filed On: 13-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R PREMI JT BENGALU RU

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B R BAS KARAN , ACCOUNTANT MEMBER ITA NO . 2517/ BANG / 2019 ASSESSMENT YEAR : 2008 - 09 NAM ESTATES PVT. LTD., 1 ST FLOOR, EMBASSY POINT, 150, INFANTRY ROAD, BANGALORE 560 001. PAN: AAAC N 6881H VS. THE INCOME TAX OFFICER, WARD 12(1), BENGALURU. APPELLANT RESPONDENT APPELLANT BY : NONE RESPONDENT BY : SMT. R. PREMI, JT. CIT(DR)(ITAT), BENGALURU. DATE OF HEARING : 26. 1 1 .2020 DATE OF PRONOUNCEMENT : 26 . 1 1 .2020 O R D E R PER N.V. VASUDEVAN, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS AGAINST THE ORDER DATED 21.10.2019 OF THE CIT(APPEALS), BANGALORE-12, BANGALORE RELATI NG TO ASSESSMENT YEAR 2008-09. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE T IME OF HEARING OF THE APPEAL. THE LD. DR FOR THE REVENUE APPEARED. WE, HOWEVER, PROCEED TO DISPOSE OF THE APPEAL ON THE BASIS OF LETTER DAT ED 17.11.2020 FILED BY THE ASSESSEE SEEKING TO WITHDRAW THE APPEAL ON THE GRO UND THAT ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME ACT, 2020 [VSVS] BY FILING FORM 1 & 2, AND FORM 3 IS ISSUED BY THE DESIGNATED AUTHORITY (COPY FILED). ACCORDINGLY, THE APPEAL IS DISMISSED AS WITHDRAWN. ITA NO.2517/BANG/2019 PAGE 2 OF 2 3. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDR AWN. PRONOUNCED IN THE OPEN COURT ON THIS 26 TH DAY OF NOVEMBER, 2020. SD/- SD/- ( B R BASKARAN ) ( N V VASUDEVAN ) ACCOUNTANT MEMBER VICE PRESIDENT BANGALORE, DATED, THE 26 TH DAY OF NOVEMBER, 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.