EPR Constructions , Kurnool V. Asst. Commissioner of Income Tax, Circle-1, Kurnool

ITA 618/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8822 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 10 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2014-2015
• Appeal Filed On: 26-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201; 13; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 6 1 8 /HYD./ 2019 ASSESSMENT YEAR: 2012 - 13 M/S E PR CONSTRUCTIONS VS. A CIT, CIRCLE 1 KURNOOL KURNOOL [ PAN: AA DFE3654K ] (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI K.C.DEVDAS, A.R. FOR REVENUE : SH. SUNIL KUMAR PANDEY, D.R FOR SMT. NIVEDITA BISWAS, DR DATE OF HEARING : 11/03/ 202 1 DATE OF PRONOUNCEMENT : 22 / 03 /202 1 O R D E R PER P. MADHAVI DEVI, JM THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF PR. CIT , KURNOOL DATED 29.03. 2019 RELATING TO A.Y. 201 4 - 15 . HEARD BOTH THE PARTIES. 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE US THAT THE ASSESSEE HAS ALREADY FILED FORMS I & II UNDER THE DIRECT TAXES VIVAD SE VISHWAS SCHEME, 2020 AND FORM - 3 FROM THE CONCERNED PR.CIT HAS ALSO BEEN ISSUED. 3. AFTER HEARING BOTH THE PARTIES, W E DISMISS THE APPEAL OF THE ASSESSEE WITH A LIBERTY TO APPROACH THE TRIBUNAL IF ASSESSEES CASE IS NOT ACCEPTED IN ITA NO .6 1 8 /HYD./ 2019 AY 201 4 - 15 E PR CONSTRUCTIONS, KURNOOL 2 THE DIRECT TAXES VIVAD SE VISHWAS SCHEME BY THE REVENUE FOR WHATSOEVER MAY BE THE REASON, THEN THE ASSESSEE SHALL BE AT LIBERTY TO FILE MISC . APPLICATION BEFORE THE TRIBUNAL WITHIN THE TIME LIMIT PRESCRIBED UNDER THE ACT TO REINSTATE ASSESSEES APPEAL. ORDERED ACCORDINGLY. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 22 /03/2021 . SD/ - SD/ - (A. MOHAN ALANKAMONY) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 22 ND MARCH, 2021 *GMV COPY OF ORDER FORWARDED TO: 1. M/S E PR CONSTRUCTIONS, C/O B.NARSING RAO & CO., CHARTERED ACCOUNTANTS, PLOT NO. 554, ROAD NO.92, JUBILEE HILLS, HYDERA BAD 500 096 . 2. A CIT, CIRCLE 1, KURNOOL 3. ACIT, KURNOOL RANGE, KURNOOL 4. PR. C IT , KURNOOL CHARGE, KURNOOL . 5 . D.R. ITAT HYDERABAD 6 . GUARD FILE