Sreenidhi University (Formerly sree Educational Society), Hyderabad V. Jt. Commissioner of Income Tax, TDS Range-2, Hyderabad

ITA 532/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0150 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Next Hearing Date: 15-03-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 15-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S RAMA RAO
• Keywords: TDS
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD. BEFORE S MT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY , ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO S. 530 TO 532 /HYD/201 9 (ASSESSMENT YEAR : 20 12 - 13 TO 2014 - 15 ) M/S. SREENIDHI UNIVERSITY, (FORMERLY SREE EDUCATIONAL SOCIETY ) H.NO.1 - 2 - 288/23/1, DOMALGUDA, HYDERABAD - 500 029 PAN AA ATS 7411B VS. JT . COMMISSIONER OF INCOME TAX, TDS, RANGE 2, HYDERABAD. APPELLANT RESPONDENT APPELLANT BY : SHRI S. RAMA RAO. RESPONDENT BY : SHRI SUNIL KUMAR PANDEY (D.R) DATE OF HEARING : 15 .03.2021 . DATE OF PRONOUNCEMENT : 15 .03 .2021. O R D E R PER S MT. P. MADHAVI DEVI, J.M. : THESE T HREE APPEALS ARE FILED BY THE ASSESSEE ARISING OUT OF COMMON ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 8 , HYDERABAD DT. 16.01.2019 FOR THE ASSESSMENT YEARS MENTIONED HEREIN ABOVE RESPECTIVELY. 2. AT THE OUTSET, THE LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSEE SUBMITTED THAT TH E ASSESSE E DO NOT WANT TO PURSUE THE APPEALS AS THEY HAVE ALREADY FILED 2 ITA NO S . 530 TO 532 /HYD/201 9 F ORMS I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 BY WAY OF FORM NOS.1 & 2 , AND FORM 3 IS YET TO BE ISSUED BY THE DEPARTMENT. THEREFORE, CONSEQUENT TO THE SAME, THE AS SESSE E DESIRES TO WITHDRAW THE APPEALS BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEALS OF THE ASSESSE E MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR. 4 . AFTER HEARING BOTH THE PARTIES, ACCORDING TO TH E REQUEST OF THE ASSESSE EE AND LD. AR, WE HEREBY ALLOW THE APPEALS OF THE ASSESSE EE TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REI NSTATE THE APPEALS, IF THE IR APPLICATION S WITH RESPECT TO VIVAD SE VISHWAS SCHEME ARE REJECTED. 7. IN THE RESULT, APPEALS OF ASSESSE E ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 15 TH MARCH, 2021. SD/ - SD/ - (A. MOHAN ALANKAMONY ) ( SMT. P. MADHAVI DEVI ) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT. 15 .03.2021. * REDDY GP 3 ITA NO S . 530 TO 532 /HYD/201 9 COPY TO : 1. M/S. CROWN BEERS INDIA PVT. LTD., 510/511, MINERVA HOUSE, SAROJINI DEVI ROAD, SECUNDERABAD, HYDERABAD - 500 003 2. DCIT, CIRCLE 1(2), HYDERABAD. 3. PR. C I T , HYDERABAD. 4. CIT (A) - 8/CIT (TDS), HYDERABAD. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.