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

ITA 571/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6135 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 20-04-2021
• Assessment Year: 2015-2016
• Appeal Filed On: 18-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: E. SRIDHAR
• Section: 201; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD S M C BENCH, HYDERABAD. BEFORE S MT. P. MADHAVI DEVI, JUDICIAL MEMBER SL. NO., ITA NO. & ASST. YEAR APPELLANT RESPONDENT 1.571/HYD/2019 2015 - 16 SHRI KRISHNA KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. INCOME TAX OFFICER, WARD 1, KARIMNAGAR. 2. 572 /HYD/2019 201 4 - 15 SHRI KUSHAAL KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. - DO - 3. 573 /HYD/2019 2015 - 16 SHRI KUSHAAL KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. - DO - ASSESSEE BY : SHRI S. PHANINDRA. RESPONDENT BY : SHRI E. SRIDHAR (D.R) D ATE OF HEARING : 20 .04 .2021 . DATE OF PRONOUNCEMENT : 20 .04 . 2021. O R D E R ALL THESE THREE APPEALS ARE FILED BY THE RESPECTIVE ASSESSE E S ARISING OUT OF COMMON ORDER OF COMMISSIONER OF INCOME TAX (APPEALS) - 12 , HY DERABAD DT.30.01.2019 FOR THE ASSESSMENT YEARS MENTIONED HEREIN ABOVE RESPECTIVELY. 2. AT THE OUTSET, THE LD. AUTHORIZED REPRESENTATIVE OF THE ASSESSE E S SUBMITTED THAT THE ASSESSE E S DO NOT WANT TO PURSUE THE APPEALS AS THEY HAVE ALREADY FILED FORMS I & II UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 , FORM 3 IS YET TO BE ISSUED BY THE DEPARTMENT. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSE E S DESIRES TO WITHDRAW TH E APPEALS BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEALS OF THE ASSESSE E S MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR. 2 ITA NO S . 571 TO 573 / HYD/201 9 4 . AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSE E S A ND THEIR LD. AR, WE HEREBY ALLOW THE APPEALS OF THE ASSESSE E S TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THAT THE ASSESSEE S SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEALS, IF THE IR APPLICATION S WITH RESPECT TO VIVAD SE VISHWAS SCHEME ARE REJECTED. 7. IN THE RESULT, APPEALS OF ASSESSE E S ARE DI SMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 20 TH APRIL, 2 021. SD/ - (S MT. P. MADHAVI DEVI ) JUDICIAL MEMBER HYDERABAD, DT. 20 TH APRIL, 2021. * REDDY GP COPY TO : APPELLANTS. 1. SHRI KRISHNA KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. 2. SHRI KUSHAAL KARWA, D.NO.4 - 2 - 74, TOWER ROAD, KARIMNAGAR, TELANGANA. RESPONDENT INCOME TAX OFFICER, WARD 1, KARIMNAGAR. PR. C I T - 2, HYDERABAD. DR. ITAT, HYDERABAD. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.