Jagath Singh Thakur , Hyderabad V. Dy. Commissioner of Income Tax , Central Circle-6, Hyderabad

ITA 33/Hyd/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7220 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2002-2003
• Appeal Filed On: 08-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: E SREEDHAR
• Assessee Lawyers: PHANINDRA KUMAR
• Section: 201; 6

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD SMC BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER ITA NO. 33 /HYD./20 20 ASSESSMENT YEAR: 20 02 - 03 SRI JAGATH SINGH THAKUR VS. DY. CIT, CENTRAL CIRCLE 6 SECUNDERABAD HYDERABAD PAN: BEBPS8516K (APPELLANT) (RESPONDENT) FOR ASSESSEE : SH. PHANINDRA KUMAR, ADV. FOR REVENUE : SH. E. SREEDHAR, D.R. DATE OF HEARING : 19 / 01 /202 1 DATE OF PRONOUNCEMENT : 20/ 01 /202 1 O R D E R THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF CIT(A) - 11 , HYDERABAD DATED 1 9.12. 201 8 RELATING TO A.Y. 20 02 - 03 . 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE ME THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT HAS ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISHWAS SCHEME, 2020 AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD.DR CO NCEDED TO THE REQUEST OF THE LD.A.R. 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THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD.AR, I HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN.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 SHALL BE AT LIBERTY TO APPRO ACH THE ITA NO. 33 /HYD./20 20 SRI THAKUR JAGATH SINGH AY 20 02 - 3 2 TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 20 /01/2021 . SD/ - (P. MADHAVI DEVI) JUDICIAL MEMBER DATED: 20 TH JANUARY, 2021 GMV COPY OF ORDER FORWARDED TO: 1. SRI THAKUR JAGATH SINGH, C/O : AV RAGHURAM , ADVOCATES & TAX CONSULTANTS, FLAT NO.610, 6 TH FLOOR, BABUKHAN ESTATES, BASHEERBAGH, HYDERABAD 500 001 . 2. DY. CIT, CENTRAL CIRCLE 6 , HYDERABAD . [PRESENTLY WITH DCIT, CC 1(3), HYD.] 3. CIT( A ) - 11 , HYDERABAD . 4 . PR.CIT , CENTRAL CIRCLE, HYDERABAD 5 D.R. ITAT HYDERABAD 6 . GUARD FILE