M/s JSR Logistics , Ballari V. The Assistant Commissioner of Income Tax Circle-1 , Bellary

ITA 3410/BANG/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3263 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 10 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 10-11-2020
• Assessment Year: 2012-2013
• Appeal Filed On: 26-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NARASIMHARAJU
• Assessee Lawyers: B S BALACHANDRA
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI.CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER ITA NO.3410/BANG/2018 ASSESSMENT YEAR : 2012 13 M/S JSR LOGISTICS, NO.82, NOOR MANZIL, HUSSAIN NAGAR, RAGHAVENDRA COLONY, 1 ST STAGE, BALLARY-583 101. PAN AAHFJ 2764 M VS. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, BELLARY. APPELLANT RESPONDENT APPELLANT BY : SHRI BS BALACHANDRA, ADVOCATE RESPONDENT BY : SHRI NARASIMHARAJU, ADDL. CIT (DR) DATE OF HEARING : 10-11-2020 DATE OF PRONOUNCEMENT : 10-11-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL HAS BEEN FILED BY ASSESSEE AG AINST ORDER DATED 28/9/2018 PASSED BY LD.CIT(A), GULBARGA FOR A SSESSMENT YEAR 2012-13. 2. AT THE OUTSET, LD.AR ORALLY VIDE LETTER DATED 9 .11.2020 SUBMITTED THAT ASSESSEE HAS DECIDED TO GO IN FOR VS VS 2020. IT IS ALSO BEEN SUBMITTED THAT ASSESSEE FILED FORM 1 IN R ESPECT OF THESE APPEALS. HE HOWEVER FILED AN ADJOURNMENT APPLICATIO N SEEKING DATE TILL THAT RECEIVED FORM 3. PAGE 2 OF 3 ITA NO.3410/BANG/2018 3. LD.SR.DR SUBMITTED THAT THE APPEAL MAY BE DISMIS S AS NO PURPOSE WILL BE SERVED BY KEEPING THE APPEALS PENDI NG. 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 APPEAL PENDIN G. CONSIDERING THE SITUATION, WE DISMISS THE PRESENT APPEAL AS WIT HDRAWN. HOWEVER, LIBERTY IS GRANTED TO MOVE APPROPRIATE APP LICATION FOR RECALL OF THIS ORDER, IN THE EVENT, ASSESSEE OPTS O UT OF THE SCHEME. ACCORDINGLY, ASSESSEES APPEALS FOR YEAR UNDER CONS IDERATION IS ALLOWED TO BE WITHDRAWN WITH LIBERTY. IN THE RESULT, ASSESSEES APPEAL IS DISMISSED AS WI THDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 10 TH NOV, 2020 SD/- SD/- (CHANDRA POOJARI) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL ME MBER BANGALORE, DATED, THE 10 TH NOV, 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