Income Tax Officer Ward-6(3)(4), Bangalore V. Smt Ranjni Narayanaswamy , Bangalore

ITA 2696/BANG/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8945 (ITAT-BANGALORE)
• Duration Of Justice: 2 year(s) 5 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-03-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 24-03-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 26-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: KANNAN NARAYANAN J

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES A, BANGALORE BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE GEORGE K, JM ITA NO.2696/BANG/2018 : ASST.YEAR 2014-2015 THE INCOME TAX OFFICER, WARD 6(3)(4) BANGALORE. V. SMT.RA N JNI NARAYANASWAMY NO.3/8, 2 ND CROSS, GANESH BLOCK, SULTANPALYA R.T.NAGAR BANGALORE 560 032. PAN : AGSPN7720J (APPELLANT) (RESPONDENT) APPELLANT BY : SRI.KANNAN NARAYANAN, JCIT-DR RESPONDENT BY : SRI.KASHINATH, ADVOCATE DATE OF HEARING : 24.03.2021 DATE OF PRONOUNCEMENT : 24.03.2021 O R D E R PER GEORGE GEORGE K, JM : THIS APPEAL AT THE INSTANCE OF THE REVENUE IS DIRECTED AGAINST CIT(A)S ORDER DATED 25.06.2018. THE RELEVANT ASSESSMENT YEAR IS 2014-2015. 2. THE ASSESSEE HAS FILED A LETTER DATED 24 TH MARCH, 2021, STATING THEREIN THAT THE ASSESSEE HAS OPTED FOR SETTLING THE ISSUE UNDER DIRECT TAXES VIVAD SE VISHWAS ACT, 2020. ACCORDINGLY, WE ARE OF THE VIEW THAT NO PURPOSE WOULD BE SERVED IN KEEPING THIS APPEAL PENDING, SINCE THE PRESENT APPEAL HAS TO BE WITHDRAWN BY THE REVENUE, ONCE THE DISPUTE IS SETTLED UNDER THE ABOVE SAID ACT. 3. ACCORDINGLY, WE DISMISS THE APPEAL OF THE REVENUE. HOWEVER, LIBERTY IS GIVEN TO THE REVENUE TO SEEK RECALL OF THIS ORDER, IF IT WARRANTS SO. ITA NO.2696/BANG/2018 SMT.RANJNI NARAYANASWAMY. 2 4. IN THE RESULT, THE APPEAL FILED BY THE REVENUE IS DISMISSED. ORDER PRONOUNCED ON THIS 24 TH DAY OF MARCH, 2021. SD/- SD/- ( CHANDRA POOJARI ) ( GEORGE GEORGE K ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE; DATED : 24 TH MARCH, 2021. DEVADAS G* COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT(A)-6, BANGALORE. 4. THE PR.CIT-6, BANGALORE. 5. THE DR, ITAT, BENGALURU. 6. GUARD FILE. ASST.REGISTRAR/ITAT, BANGALORE