Murlidhar Mundra(HUF), Indore V. ITO-3(1), Indore

ITA 496/Ind/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9586 (ITAT-INDORE)
• Duration Of Justice: 2 year(s) 9 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2015-2016
• Appeal Filed On: 21-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE (Convened through Virtual Court) BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMEBR & SHRI MANISH BORAD, ACCOUNTANT MEMBER आयकर अपील सं./I. T. A. No. 496/Ind/2019 ( नधा रण वष / As s es s ment Yea r : 2015-16) M/ s . M u rl i d h a r M u n d r a (HU F ) 30 4/ 5, V i s hal A ve n ue , S out h Tu k og a n j , In d or e , M a dh y a P ra d e s h - 4 5 2 00 1 बनाम/ V s . T h e I n co me T a x O f fi ce r- 1 (3 ) I nd or e, M ad hy a P ra des h - 4 5 20 0 1 थायी लेखा सं./जीआइआर सं./P A N / G IR N o . : A A I H M 2 1 8 2 H (अपीलाथ /Appellant) . . ( यथ / Respondent) अपीलाथ ओर से/Appellant by : W ri t t e n S ub m i s si o n ( N one ) यथ क ओर से / Respondent by : Shri Amit Soni, Sr.D.R. स ु नवाई क तार ख / D a t e o f H e a r i ng 22/12/2021 घोषणा क तार ख /D a te o f P r o n o u nc e me n t 28/01/2022 ORDER PER MAHAVIR PRASAD, JM: The caption ed appeal has been filed at the ins tance of the assess ee again st the order of the Commis sioner of Inco me Tax (Appeals)-1, Indore (‘CIT(A)’ in sh ort) vide Appeal No . I T- 10419/2017-18, dated 15.02.201 9 arising ITA No. 496/Ind/2019 (Murlidhar Mundra (HUF) vs. ITO ) AY 2015-16 - 2 - in the assessme nt order dated 06.12.2017 p assed by the Ass essing Officer (AO) under s. 143(3) of the Income Tax Act, 1961 (the Act) concerning AY. 2015-16 . 2. The caption ed assess ee has sou ght to withdr aw the appeal listed above on th e ground that ass essee has opted to avail benefits of ‘Vivad se Vishwas Scheme, 2020’ (VSV). When the matter was called for hearing, th e ld. counsel for the assessee at the outset has submitted that he does not seek to pursue the s aid appeal owing to exercise of o ption for availing VSV Sch eme and consequently requested that his application for withdr awal of appeal may please be gran ted. Referen ce was also made to written r equests in this reg ard. 3. The ld. Dep artmental Representativ e for the Revenu e s tated that he has n o o bjection to with draw the appeal in the circumstances narrated on behalf of the assessee. 4. In the light of written/or al req uest made on behalf of the cap tioned asses see, the appeal is dismissed as withdr awn. Howev er, in th e event, th e assess ee f ails to avail the ben efit of VSV Scheme for any bonafide reasons , then the assessee con cerned will be at liberty to ITA No. 496/Ind/2019 (Murlidhar Mundra (HUF) vs. ITO ) AY 2015-16 - 3 - seek r estor ation of original appeal for hear ing before ITAT in accordance with law. 5. In the result, th e caption ed appeal is dismiss ed as withdr awn. Sd/- Sd/- ( MANIS H BORAD) (MAHAVIR PRASAD) ACCOUN TANT MEM BER JUDICIAL MEMBER Ahmedabad: Dated 28 /01/2022 S.K.SINHA आदेश क त ल प अ े षत / Copy of Order Forwarded to:- 1. राज व / Revenue 2. आवेदक / Assessee 3. संबं)धत आयकर आय ु +त / Concerned CIT 4. आयकर आय ु +त- अपील / CIT (A) 5. /वभागीय 2त2न)ध, आयकर अपील य अ)धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड8 फाइल / Guard file. By order/आदेश से, A s si s st a n t R e g i st r a r , I . T . A . T . , I n d o r e 1.Date of dictation on 28.01.2022 as per VSV Format 2.Date on which the typed draft is placed before the Dictating Member 28.01.2022 3.Date on which the approved draft comes to the Sr.P.S./P.S. 4.Date on which the fair order is placed before the Dictating Member for pronouncement 5.Date on which the fair order comes back to the Sr.P.S./P.S 6.Date on which the file goes to the Bench Clerk 7.Date on which the file goes to the Head Clerk 8.The date on which the file goes to the Asstt. Registrar for signature on the order 9.Date of Dispatch of the Order This Order pronounced in Open Court on 28 /01/2022