Jaya Kedia, Hyderabad V. Asst. Commissioner of Income Tax, Central Circle-3(1), Hyderabad

ITA 407/Hyd/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2314 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 24-06-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 22-07-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAVI KIRAN
• Assessee Lawyers: P MURALI MOHANA RAO

Judgement Text

ITA 406 AND 407 OF 2020 ASHA AND JAYA KEDIA & OTHE RS HYDERABAD PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO A.Y APPELLANT RESPONDENT 406/HYD/2020 2014-15 SMT.ASHA KEDIA, HYDERABAD PAN:AGBPK3856F A.C.I.T. CENTRAL CIRCLE 3(1) HYDERABAD 407/HYD/2020 2014 - 15 SMT. JAYA K EDIA HYDERABAD PAN:AFQPK2363B - DO - ASSESSEE BY: SRI P. MURALI MOHANA RAO REVENUE BY : SRI RAVI KIRAN, DR DATE OF HEARING: 24/06/2021 DATE OF PRONOUNCEMENT: 24/06/2021 ORDER PER SMT. P. MADHAVI DEVI, J.M. BOTH ARE ASSESSEES APPEALS FOR THE A.Y 2014-15 AGAINST THE ORDER OF THE CIT (A)-11, HYDERABAD, DAT ED 28.12.2017 & 31.01.2020 RESPECTIVELY. 2. A T THE OUTSET, THE LD. AR SUBMITTED BEFORE US THAT T HE ASSESSEES DOES NOT WANT TO PURSUE THEIR APPEALS AS THEY HAVE ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISH WAS SCHEME AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEES DESIRES TO WITHDRAW THE APPEALS BEFORE TH E TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEALS OF THE ASSES SEES MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR . ITA 406 AND 407 OF 2020 ASHA AND JAYA KEDIA & OTHE RS HYDERABAD PAGE 2 OF 2 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEES AND ITS LD. AR, WE HEREBY ALLOW TH E APPEALS OF THE ASSESSEES TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR TH AT THE ASSESSEES SHALL BE AT LIBERTY TO APPROACH THE TRIBU NAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEALS, IF THE APPLICATION WITH RESPECT TO VIV AD SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 24 TH JUNE, 2021. SD/- SD/- (A. MOHAN ALANKAMONY) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DATED 24 TH JUNE, 2021. VINODAN/SPS COPY TO: S.NO ADDRESSES 1 SMT.ASHA & JAYA KEDIA, C/O P.MURALI & CO. C.A. 6 - 3 - 655/2/3 SOMAJIGUDA, HYDERABAD 500082 2 ACIT , CENTRAL CIRCLE 3(1) HYDERABAD 3 CIT (A)-11, HYDERABAD 4 PR. CIT CENTRAL, HYDERABAD 5 DR, ITAT HYDERABAD BEN CHES 6 GUARD FILE BY ORDER