Amarish Kumar Sobhagmal (HUF) , Bangalore V. The Income Tax Officer Ward-5(2)(1), Bangalore

ITA 2811/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6144 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 11 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 23-09-2020
• Assessment Year: 2015-2016
• Appeal Filed On: 09-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R PREMI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI A.K GARODIA, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.2811/BANG/2018 ASSESSMENT YEAR : 2015-16 AMARISH KUMAR SOBHAGMAL [HUF], #385, 4 TH FLOOR, RMV 2 ND STAGE, 2 ND BLOCK, 80FT ROAD, SANJAYNAGAR, BENGALURU-560 094. PAN AAEHA 9188 H VS. THE INCOME TAX OFFICER, WARD-5(2)(1), BENGALURU APPELLANT RESPONDENT ASSESSEE BY : SHRI RAVISHANKAR S.V, ADVOCATE ON BEHALF OF SHRI V SRINIVASAN, ADVOCATE REVENUE BY : SMT. R PREMI, JCIT (DR) DATE OF HEARING : 23-09-2020 DATE OF PRONOUNCEMENT : 25 -09-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL HAS BEEN FILED BY ASSESSEE AGAINST O RDER DATED 25/07/2018 PASSED BY LD.CIT(A)-5, BANGALURU FOR ASSESSMENT YEAR 2015-16. 2. A LETTER DATED 21/09/2020 HAS BEEN FILED BY LD.A R STATING THAT, ASSESSEE HAS OPTED FOR VIVAD SE VISHW AS PAGE 2 OF 3 ITA NO.2811/BANG/2018 SCHEME, 2020. IT HAS BEEN SUBMITTED THAT ASSESSEE S EEKS WITHDRAWAL OF THE APPEAL. 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 APPEA L PENDING. WE NOTE THAT ASSESSEE HAS YET NOT RECEIVED FORM 3 FROM THE DEPARTMENT. CONSIDERING THE SITUATION, WE DISMISS THE PRESENT APPEAL AS WITHDRAWN. HOWEVER, LIBERTY I S GRANTED TO MOVE APPROPRIATE APPLICATION FOR RECALL OF THIS ORDER, IN THE EVENT, FORM 1 FILED BY ASSESSEE IS NOT ACCEPTED BY REVENUE. IN THE RESULT, WITH ABOVE LIBERTY, WE DISMISS PRESE NT APPEAL AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 25 TH SEPT, 2020. SD/- SD/- (A.K GARODIA) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE, DATED, THE 25 TH SEPT, 2020. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME-TAX APPELLATE TRIBUN AL. BANGALORE. PAGE 3 OF 3 ITA NO.2811/BANG/2018 DATE INITIAL 1. DRAFT DICTATED ON ON DRAGON SR.PS 2. DRAFT PLACED BEFORE AUTHOR -09-2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER -09-2020 JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. -09-2020 JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS -09-2020 SR.PS/PS 6. KEPT FOR PRONOUNCEMENT ON -09-2020 SR.PS 7. DATE OF UPLOADING THE ORDER ON WEBSITE -09-2020 SR.PS 8. IF NOT UPLOADED, FURNISH THE REASON -- SR.PS 9. FILE SENT TO THE BENCH CLERK -09-2020 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