Krishna Karwa , Karimnagar V. Income Tax Officer, Ward-1, Karimnagar

ITA 570/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5608 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 26-04-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 18-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S ANDEEP KUMAR MEHTA
• Assessee Lawyers: A V RAGHURAM
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD S M C BENCH, HYDERABAD. BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 570 / HYD/20 19 (ASSESSMENT YEAR : 201 4 - 15 ) SHRI KRISHNA KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. PAN BSNPK 1347J VS. INCOME TAX OFFICER , WARD 1, KARIMNAGAR. APPELLANT RESPONDENT APPELLANT BY : SHRI A.V. RAGHURAM. RESPONDENT BY : SHRI SANDEEP KUMAR MEHTA, (D.R) DATE OF HEARING : 2 6 .04 . 2021. DATE OF PRONOUNCEMENT : 2 6 .04 . 2021. O R D E R THIS APPEAL IS FILED BY THE ASSESSEE FOR THE ASSESSMENT YEAR 201 4 - 15 AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS) - 12 , HYDERABAD DT. 30.01.2019 . 2. T HE LD. AR HAS FILED A LETTER DT.1 7 .04.2021 STATING THAT THE ASSESSEE H A S FILED FORM I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 AND YET TO RECEIVE FORM 3 FROM THE DEPARTMENT. THEREFORE, THE ASSESSE E DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL . 2 ITA NO. 570 /HYD/20 19 3. THE LD. DR CONCEDED TO THE SUBMISSION OF THE LD. AR VIDE LETTER DT. 17 .04.2021. 4 . AFTER HEARING BOTH PARTIES, I HEREBY ALLOW THE APPEAL OF THE ASSESSE E TO BE WITHDRAWN.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 IR APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 7. IN THE RESULT, APPEAL OF ASSESSE E IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 2 6TH APRIL, 2021. SD / - (SMT. P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, DT. 2 6 .04. 2021. * REDDY GP COPY TO : 1. THE GUJARATI SOCIAL WELFARE SOCIETY, 4 - 4 - 341,GIRIRAJ LANE, SULTAN BAZAR, HYDERABA D - 500 0 01 2. ITO, WARD 5(3) , HYDERABAD. 3. PR. C I T - 6 , HYDERABAD. 4. CIT(APPEALS) - 6 , HYDERABAD. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.