Subhash Chandra Parida, Bhubaneswar V. ITO, Ward-1(4), Bhubaneswar

ITA 40/CTK/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8378 (ITAT-CUTTACK)
• Duration Of Justice: 4 year(s) 10 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2010-2011
• Appeal Filed On: 15-02-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL CUTTACK BENCH CUTTACK BEFORE SHRI S.S.GODARA , JM & SHRI L.P. SAHU, AM . / ITA NO. 40 /CTK/20 16 (THROUGH : VIDEO CONFERENCING) ( / A SSESSMENT Y EAR : 2010 - 20 11 ) SHRI SUBASH CHANDRA PARIDA, TRIDEV COMPLEX, PLOT NO.1668/2240/16, PATIA COLLEGE ROAD, BHUBANESWAR - 751024 VS. ITO, WARD - 1(4), BHUBANESWAR PAN NO. : A ECPD 7343 D ( / APPELLANT ) .. ( / RESPONDENT ) /ASSESSEE B Y : SHRI SIDHARTHA RANJAN, AR /REVENUE BY : SHRI SUBHENDU DUTTA, DR / DATE OF HEARING : 0 3 / 1 2 /20 20 / DATE OF PRONOUNCEMENT : 06/01/2021 / O R D E R PER BENCH : TH IS IS AN APPEAL FILED BY THE ASSES SEE AGAINST THE ORDER DATED 17.12.2015 , PASSED BY THE CIT(A) - 2 , BHUBANESWAR FOR THE ASSESSMENT YEAR 2010 - 2011 . 2. AT THE OUTSET, LD. AR OF THE ASSESSEE DREW OUR ATTENTION TO THE APPLICATION DATED 24.11.2020, WHICH IS PLACED ON RECORD, AND SUBMITTED THAT TH E ASSESSEE HAS FILED FOR SETTLEMENT SOUGHT IN THE F ORM - I UNDER THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020 BEFORE THE PRESCRIBED AUTHORIT Y(IES) THEREIN. LD. DR HAS NO OBJECTION TO THE SUBMISSION MADE BY THE LD. AR OF THE ASSESSEE IN THIS REGARD. ITA NO. 40 /CTK/201 6 2 3. ON PER USAL OF THE DOCUMENTS PLACED ON RECORD OF THE TRIBUNAL, WE FIND THAT THE ASSESSEE HAS PROPOSED TO SETTLE THE CASE TAKING THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020 . WE, THEREFORE, ARE OF THE OPINION THAT THE INSTANT APPEAL OF THE ASSESSE E DESERVES TO BE DISMISSED AT THIS STAGE WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN TO THE ASSESSEE/TAXPAYER TO SEEK REVIVAL OF THE CASE BEFORE THE TRIBUNAL , IF HIS SETTLEMENT PETITION HEREINABOVE IS REJECTED FOR THE TECHNICAL REASONS. 4. IN THE RESULT , THE APPEAL OF THE ASSESSEE IS DISMISSED IN THE ABOVE T ERMS. ORDER PRONOUNCED IN THE OPEN COURT ON 06 / 01 / 20 2 1 . SD/ - (L.P.SAHU) SD/ - ( S.S.GODARA ) / ACCOUNTANT MEMBER / JUDICIAL MEMBER CUTTACK ; DATED 06 / 01 /20 2 1 PRAKASH KUMAR MISHRA, SR.P.S. / COPY OF THE ORDER FORWARDED TO : / BY ORDER, ( SENIOR PRIVATE SECRETARY ) , /ITAT, CUTTACK 1. / THE APPELLANT - SHRI SUBASH CHANDRA PARIDA, TRIDEV COMPLEX, PLOT NO.1668/2240/16, PATIA COLLEGE ROAD, BH UBANESWAR - 751024 2. / THE RESPONDENT - ITO, WARD - 1(4), BHUBANESWAR 3. ( ) / THE CIT(A), 4. / CIT 5. , , / DR, ITAT, CUTTACK 6. / GUARD FILE. //TRU E COPY//