Kontham Venkatarama Gopal Reddy , Allagadda V. Income Tax Officer, Ward-1, Nandyal

ITA 542/Hyd/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6457 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 9 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 18-01-2021
• Assessment Year: 2015-2016
• Appeal Filed On: 16-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD SMC BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER ITA NO. 542 /HYD./201 9 ASSESSMENT YEAR: 20 1 5 - 16 SHRI KONTHAM VENKATARAMA GOPAL REDDY VS. ITO ALLAGADDA WARD 1 , NANDYAL PAN: A HOPV4829M (APPELLANT) (RESPONDENT) FOR ASSESSEE : SH. K.A. SAI PRASAD, ADV. FOR REVENUE : SH. ROHIT MUJUMDAR, D.R. DATE OF HEARING : 18 / 01 /202 1 DATE OF PRONOUNCEMENT : 18/ 01 /202 1 O R D E R THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF CIT(A) , KURNOOL DATED 30.01. 2019 RELATING TO A.Y. 201 5 - 16 . 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE US THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT HAS ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISHWAS SCHEME, 2020 AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD.DR CONCEDED TO THE REQUEST OF THE LD.A.R. ITA NO. 542 /HYD./201 9 KONTHAM VENKATARAM GOPAL REDDY AY 20 1 5 - 16 2 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD.AR, I HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. I 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 REINSTATE THE APPEAL, IF THE APPLICATIO N WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 18 /01/2021 . SD/ - (P. MADHAVI DEVI) JUDICIAL MEMBER DATED: 18 TH JANUARY, 2021 GMV COPY OF ORDER FORWARDED TO: 1. SRI KONTHAM VENKATARAMA G OPAL R EDDY, C/O CH. PAARTHASARATHY & CO., 1 - 1 - 298/2/B/3, 1 ST FLOOR, ASHOK NAGAR, HYDERABAD 500 020 2. I TO, WARD 1 , NANDYAL . 3. ACIT, KURNOOL RANGE , KURNOOL 4. CIT( A ) , KURNOOL . 5 . PR.CIT , KURNOOL 6 D.R. ITAT HYDERABAD 7 . GUARD FILE