Nagarjuna Rao Molugu , Hyderabad V. Income Tax Officer, Ward-11(5), Hyderabad

ITA 293/Hyd/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 0855 (ITAT-HYDERABAD)
• Duration Of Justice: 6 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2008-2009
• Appeal Filed On: 09-06-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: P VINOD

Judgement Text

ITA NO 293 OF 2020 NAGARJUNA RAO MOLUGU HYDERABAD PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD SMC BENCH, HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER ITA NO.293/HYD/2020 ASSESSMENT YEAR: 2008-09 SHRI NAGARJUNA RAO MOLUGU, HYDERABAD PAN:ADDPM3390B VS. INCOME TAX OFFICER WARD 11(5) HYDERABAD (APPELLANT) (RESPONDENT) ASSESSEE BY: SRI P. VINOD REVENUE BY : SRI SUNIL KUMAR PANDEY,DR DATE OF HEARING: 21/12/2020 DATE OF PRONOUNCEMENT: 21/12/2020 ORDER THIS IS ASSESSEES APPEAL FOR THE A.Y 2008-09 AGAIN ST THE ORDER OF THE CIT (A)-5, HYDERABAD, DATED 30.06. 2017. 2. A T THE OUTSET, THE LD. AR SUBMITTED BEFORE THE TRIBU NAL THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEA L AS IT HAS ALREADY AVAILED THE BENEFIT OF VIVAD SE VISHWAS S CHEME WHEREIN ITS APPLICATION WAS ACCEPTED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESS EE MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR . 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD. AR, I HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. I ALSO MAKE IT CLEAR THAT THE ASSESSEE ITA NO 293 OF 2020 NAGARJUNA RAO MOLUGU HYDERABAD PAGE 2 OF 2 SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTA TE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SC HEME IS REJECTED. 5. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 21 ST DECEMBER, 2020. SD/- (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 21 ST DECEMBER, 2020. VINODAN/SPS COPY TO: 1 SHRI NAGARJUNA RAO MOLUGU, D.NO.5-1-97 KUKATAPALL Y, HYDERABAD 2 ITO WARD 11(5) SIGNATURE TOWERS, OPP: BOTANICAL G ARDENS, KONDAPUR, HYDERABAD 3 CIT (A)-5 HYDERABAD 4 PR. CIT 5, HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE BY ORDER