Sri. Bhashyakar Narakesari, Bengalore V. Income Tax Officer, Ward-1(3)(2), Bengaluru

ITA 3063/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9740 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 7 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 14-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MANJEET SINGH
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI. B. R. BASKARAN, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.3063/BANG/2018 ASSESSMENT YEAR : 2014 15 SRI BHASHYAKAR NARAKESARI, FLAT NO.202, 2 ND FLOOR, SIRSI HEIGHTS, NO.96, MYSORE ROAD, CHAMRAJPET, BENGALURU-560 018. PAN AAFPN 3628 Q VS. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(3)(2), BENGALURU APPELLANT RESPONDENT APPELLANT BY : SHRI SURESH MUTHUKRISHNAN, C.A RESPONDENT BY : SHRI MANJEET SINGH, ADDL. CIT DATE OF HEARING : 17-06-2020 DATE OF PRONOUNCEMENT : 07-07-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL HAS BEEN FILED BY ASSESSEE AG AINST ORDER DATED 02/08/2018 PASSED BY LD.CIT(A)-10, FOR ASSESS MENT YEAR 2014-15. ASSESSEE IS AGGRIEVED BY DECISION OF LD.CIT(A) IN C ONFIRMING ADDITION OF RS.70,46,610/- BY LD.AO U/S 143(3) OF THE ACT FOR YEAR UNDER CONSIDERATION. PAGE 3 OF 4 ITA NO.3063/BANG/2018 TIME FORM NO.3 IS RECEIVED FROM DEPARTMENT, MEANING THEREBY, ASSESSEE WANTS TO MAKE SURE THAT TAX LIABILITY MENT IONED IN FORM NO.1 SHOULD BE ACCEPTED BY THE DEPARTMENT. CONSIDER ING THE APPREHENSION OF LD.AR, SINCE WE ARE DISMISSING PRES ENT APPEAL, ASSESSEE IS GIVEN LIBERTY TO MOVE APPROPRIATE APPLI CATION FOR RECALL OF PRESENT ORDER, IN THE EVENT FORM 1 IS NOT ACCEPT ED BY DEPARTMENT, AND ASSESSEE DOES NOT ACCEPT THE LIABIL ITY MENTIONED IN FORM 3, IN ACCORDANCE WITH THE LAW. ACCORDINGLY, WITH ABOVE LIBERTY WE DISMISS PRESENT APPEAL BY ASSESSEE AS WITHDRAWN. IN THE RESULT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 7 TH JULY, 2020 SD/- SD/- (B. R. BASKARAN) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 7 TH JULY, 2020. /VMS/ COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE