M/s R.Kumaraswamy(HUF) , Ramanagara V. The Income Tax Officer Ward-1 , Ramanagara

ITA 548/BANG/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7891 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 10 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 18-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: V SRINIVASAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL S.M.C. B BENCH: BANGALORE BEFORE SHRI GEORGE GEORGE K , JUDICIAL MEMBER ITA NO. 548 /BANG/20 19 (ASSESSMENT YEAR: 20 14 - 15 ) M/S. R. KUMARASWAMY (HUF), NO.1 BM ROAD, VIVEKANANDA NAGAR, RAMANAGARA - 562 159 .APPELLANT . PAN AAIHK 8974R VS. INCOME TAX OFFICER , WARD 1, BANGALORE. RESPONDENT. ASSESSEE BY: SHRI V. SRI NIVASAN ,ADVOCATE. REVENUE BY: SHRI GANESH R GHALE, STANDING COUNSEL FOR DEPARTMENT. DATE OF HEARING : 18.01 .20 2 1 . DATE OF PRONOUNCEMENT : 18.01. 2 021 . O R D E R TH IS APPEAL AT THE INSTANCE OF ASSESSEE IS DIRECTED AGAINST THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 3 , BANGALORE DT. 28.01.2019 FOR THE ASSESSMENT YEAR 20 1 4 - 15 . 2. THE LD. AR SUBMITTED THAT THE ASSESSEE HAS FILED AN APPLICATION UNDER THE VIVAD SE VISHWAS ACT, 2020. ACCORDINGLY, THE ASSESSEE FURNISHED CERTI FICATE IN FORM 3 AS PER VIVAD SE VISHWAS ACT, 2020 PASSED ON 07.11.2020. IN VIEW OF THE ABOVE, THE ASSESSEE OPTED TO WITHDRAW THE APPEAL. 2 ITA NO. 548 /BANG/20 19 3. ON THE OTHER HAND, THE LEARNED DEPARTMENTAL REPRESENTATIVE SUBMITTED THAT THE ASSESSEE HAS FURNISHED FORM 3 FROM THE DEPARTMENT DT.07.11.2020 AND WISH TO WITHDRAW THE APPEAL AND NO OBJECTION TO WITHDRAW THE PENDING APPEAL BEFORE THE ITAT. 4. I HAVE HEARD BOTH THE PARTIES AND PERUSED THE MATERIAL ON RECORD. T HE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS AC T, 2020 AND RECEIVED FORM 3 DT.07.11.2020 FROM THE DEPARTMENT AND FURNISHED. I AM OF THE VIEW THAT NO PURPOSE WILL BE SERVED IN KEEPING THE APPEAL PENDING. ACCORDINGLY, I DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. 5. IN THE RESULT, THE APP EAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE. SD/ - ( GEORGE GEORGE K ) JUDICIAL MEMBER DATED: 18.01. 20 2 1 . *REDDY GP 3 ITA NO. 548 /BANG/20 19 COPY TO 1. THE APPELLANT 2. THE RES PONDENT 3. CIT (A) 4. PR. CIT 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR INCOME - TAX APPELLATE TRIBUNAL BANGALORE