Crown Beers India Private Limited , Hyderabad V. Dy. Commissioner of Income Tax , Circle-1(2), Hyderabad

ITA 304/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8926 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 18-02-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 07-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: K SAI PRASAD
• Section: 271(1)(c); 143(3); 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER ITA NO. A.Y. APPELLANT RESPONDENT 303 & 304/HYD/19 201 3 - 14 201 4 - 15 CROWN BEERS INDIA PVT. LTD. H YDERABAD [PAN: AACCC9946Q ] D CIT, WARD 1 ( 2 ) HYDERABAD 700 & 701 /HYD/1 8 2007 - 08 & 2008 - 09 L/H SRI NARSINGA REDDY TOUTIREDDY (L/H OF LATE KALPANA DEVI TOUTIREDDY) WARANGAL [PAN: ADIPV7622C ] ACIT, CIRCLE 1 WARANGAL 12 21 /HYD /1 7 201 0 - 11 SETTI VENKATA KRISHNA REDDY HYDERABAD [PAN: AAIPK5437H ] DCIT, CENTRAL CIRCLE 3 HYDERABAD FOR ASSESSEE : SH. K. SAI PRASAD, AR FOR REVENUE : SHRI ROHIT MUJUMDAR, DR DATE OF HEARING : 18 - 02 - 202 1 DATE OF PRONOUNCEMENT : 18 - 0 3 - 2 021 O R D E R PER BENCH : SL. ITA NO. AY AUTHORITYS ORDER DATED/CASE NO. PROCEEDINGS U/S 01 303 & 304 /H/19 201 3 - 14 & 2014 - 15 CIT(A) - 1 ,HYD CASE NO.0047&0209/16 - 17 DT. 27.12.2018 143(3) - 2 - 2. 700 & 701 /HYD/1 8 20 07 - 08 & 2008 - 09 CIT(A) - 3,HYD CASE NO. 161 & 160/15 - 16 DATED 30.01.2018 271(1)(C) 3. 12 21 /HYD/1 7 201 0 - 11 CIT(A) - 12, HYD. CASE NO.150/14 - 15 DATED 16.11.2016 143(3) R.W.S. 147 2. AT THE OUTSET, WE ARE INFORMED DURING THE COURSE OF HEARING FROM THE ASSESSEES SIDE THAT THEY HAVE FILED FOR SETTLEMENT BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 IN PRESCRIBED FORM (S) NO.1 & 2 BUT FORM(S) - 3 IN VIEW THEREOF ARE YET TO BE ISSUED. 3. THE ASSESSEES SOLE IDENTICAL PLEA IN ALL THESE CASES IS THAT SINCE THE DEPARTMENT IS YET TO FINALISE THE IR SETTLEMENT PLEAS, THESE APPEALS MAY NOT BE DISMISSED AS WITHDRAWN AS ON DATE. WE FIND NO MERIT IN ASSESSEES CONTENTIONS PER SE. THE FACT REMAINS THAT THE ASSESSEES HAVE ALREADY FILED FOR SETTLEMENT BEWNEFIT AND THEREFORE, NO PURPOSE WOULD BE SERVED IF ALL THESE APPEALS ARE KEPT PENDING TILL THE TIME THE ABOVE STATED SETTLEMENT SCHEME IS IN OPERATION . WE THEREFORE DISMISS THESE AP PEALS AS WITHDRAWN WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN FOR ALL ASSESSEES TO FILE FOR REVIVAL OF THESE CASES, IF THE SETTLEMENT BENEFIT UNDER THE SCHEME IS DENIED TO THEM FOR TECHNICAL REASONS. ORDERED ACCORDINGLY. 4. T HESE ASSESSEES APPEALS ARE DISMISSED AS WITHDRAWN IN ABOVE TERMS. A COPY OF THIS COMMON ORDER BE PLACED IN THE RESPECTIVE CASE FILES. ORDER PRONOUNCED IN THE OPEN COURT ON THE 18 TH MARCH, 2021 SD/ - SD/ - ( L.P. SAHU ) ( S.S. GODARA ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 18 TH MARCH, 2021. *GMV. - 3 - COPY OF THE ORDER FORWARDED TO: I. (I) CROWN BEERA INDIA P LTD. 510/511, MINERVA HOUSE, S.D.ROAD, SECUNDERABAD 500 003 ( I I) D CIT, WARD 1(2) HYD. (II I ) CIT (A) - 1, HYD. (I V ) PR.CIT - 1 , HYDERABAD ( V ) DR, ITAT, HYD. (VI) GUARD FILE . (II) (I) L/H: SRI NARSINGA REDDY TOUTIREDDY (LEGAL HEIR OF LATE KALPAN A DEVI TOUTIREDDY) C/O CH.. PARTHASARATHY & CO., 1 - 1 - 298/B/3, 1 ST FLOOR, SOWBHAGYA AVENUE, ST.NO.1, ASHOK NAGAR, HYDERABAD 500 020 (I I ) ACIT, CIRCLE 1, WARANGAL (II I ) J CIT, WARANGAL RANGE, WARANGAL . (I V ) CIT(A) - 3, HYD. ( V ) PR.CIT - 3, HYDERABAD (VI) DR, ITAT, HYD. (VII) GUARD FILE III. (I) SHRI SATTI VENKATA KRISHNA REDDY, C/O CH. PARTHASARATHY & CO., 1 - 1 - 298/2/B/3, 1 ST FLOOR, SOWBHAGYA AVENUE, ST.NO.1, ASHOK NAGAR, HYDERABAD 500 020 ( I I) DCIT, CENTRAL CIRCLE 3 , HYD. (II I ) ACIT, C ENTRAL RANGE 2 , HYD. (IV ) CIT(A) - 12 , HYD. ( V ) PR.CIT (CENTRAL), HYDERABAD (VI) DR ITAT (VII) GUARD FILE