Vasudha Shelters, Vijayawada V. Deputy Commissioner of Income Tax, Circle-1(1), , Vijayawada

ITA 417/VIZ/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0394 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 3 year(s) 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2010-2011
• Appeal Filed On: 07-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

आयकर अपीऱीयअधिकरण, विशाखापटणम पीठ, विशाखापटणम IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM श्री द ु व्ि ू रु आर एऱ रेड्डी, न्याययक सदस्य एिं श्री एस बाऱाक ृ ष्णन, ऱेखा सदस्य के समक्ष BEFORE SHRI DUVVURU RL REDDY, HON’BLE JUDICIAL MEMBER & SHRI S BALAKRISHNAN, HON’BLE ACCOUNTANT MEMBER आयकर अऩीऱ सं./ I.T.A. No.137/Viz/2015 (ननधधारण वषा / Assessment Year :2010-11) M/s. Vasudha Shelters, Vijayawada. PAN: AAGFV 6727 K Vs. Asst. Commissioner of Income Tax, Circle-1(1), Vijayawada. (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Appellant by : Sri C. Subrahmanyam प्रत्यधथी की ओर से / Respondent by : Sri MN Murthy Naik, CIT-DR आयकर अऩीऱ सं./ I.T.A. No.417/Viz/2018 (ननधधारण वषा / Assessment Year :2010-11) M/s. Vasudha Shelters, Vijayawada. PAN: AAGFV 6727 K Vs. Dy. Commissioner of Income Tax, Vijayawada. (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Appellant by : Sri C. Subrahmanyam प्रत्यधथी की ओर से / Respondent by : Sri MN Murthy Naik, CIT-DR स ु नवधई की तधरीख / Date of Hearing : 14/06/2022 घोषणध की तधरीख/Date of Pronouncement : 15/06/2022 O R D E R 2 PER DUVVURU RL REDDY, Judicial Member : Both the captioned appeals are filed by the assessee. I.T.A. No.137/Viz/2015 is filed against the order of the CIT, Vijayawada, dated 26/03/2015 and I.T.A. No.417/Viz/2018 is filed against the order of the Principal Commissioner of Income Tax, Vijayawada, dated 21/3/2018 passed U/s. 263 of the Act for the AY 2010-11. 2. At the outset, the Ld. Counsel for the assessee brought our attention to the petitions for withdrawal of the present appeals dated 3/6/2022 and read out the contents thereof which is as under: “(i)...... (ii)....... (iii) Inasmuch as the assessee is contesting the issues raised by the Pr. CIT / CIT in regular appeal, in view of this, vide this petition, assessee wishes to withdraw the subject appeal ie., ITA No. 417/2015 and ITA No. 137/2015. Accordingly, the appeals may be disposed off.” 3. Therefore, the Ld. AR prayed before us that considering the above request of the assessee, the instant appeals may be allowed to be withdrawn. The Ld. DR did not object to the submission of the Ld. AR. 3 4. After hearing the Ld. AR and the Ld. DR and on perusal of the contents of the withdrawal petitions filed before us, we are of the considered view that since the assessee itself states that the issues raised in the instant appeals are contesting by the assessee in their regular appeals, we allow the assessee to withdraw its appeals. It is ordered accordingly. 5. In the result, both the appeals filed by the assessee are dismissed as withdrawn. Pronounced in the open Court on the 15 th June, 2022. Sd/- Sd/- (एस बाऱाक ृ ष्णन) (द ु व्ि ू रु आर.एऱ रेड्डी) (S.BALAKRISHNAN) (DUVVURU RL REDDY) ऱेखा सदस्य/ACCOUNTANT MEMBER न्याययकसदस्य/JUDICIAL MEMBER Dated : 15.06.2022 OKK - SPS आदेश की प्रतिलिपि अग्रेपिि/Copy of the order forwarded to:- 1. ननधधाररती/ The Assessee– M/s. Vasudha Shelters, D.No. 27-23-31, Gopalreddy Road, Vijayawada. 2. रधजस्व/The Revenue – (i) Asst. Commissioner of Income Tax, Circle- 1(1), Vijayawada.(ii) DCIT, Circle-1(1), Vijayawada. 3. The Principal Commissioner of Income Tax, Vijayawada. 4. आयकर आय ु क्त (अऩीऱ)/ The Commissioner of Income Tax, Vijayawada. (ii) CIT/JCIT...........Vijayawada. 4 5. ववभधगीय प्रनतननधध, आयकर अऩीऱीय अधधकरण, ववशधखधऩटणम/ DR, ITAT, Visakhapatnam 6. गधर्ा फ़धईऱ / Guard file आदेशधन ु सधर / BY ORDER Sr. Private Secretary ITAT, Visakhapatnam