Amarnath Sarala, Bangalore V. Income Tax Officer, ward-7(2)(1), Bangalore

ITA 672/BANG/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6852 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 9 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 28-01-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 05-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ROYA D

Judgement Text

ITA NO.672/BANG/2019 AMARNATH SARALA, BENGALURU IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH: BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND SHRI B.R. BASKARAN, ACCOUNTANT MEMBER ITA NO.672/BANG/2019 ASSESSMENT YEAR: 2014-15 AMARNATH SARALA NO.632/18, 10 TH D MAIN ROAD JAYANAGARA 4 TH BLOCK BENGALURU-560 011 PAN NO : ACGPS1342B VS. ITO WARD-7(2)(1) BENGALURU APPELLANT RESPONDENT APPELLANT BY : SMT. ROYA D., A.R. RESPONDENT BY : SHRI KANNAN NARAYANAN, D.R. DATE OF HEARING : 28.01.2021 DATE OF PRONOUNCEMENT : 28.01.2021 O R D E R PER B.R. BASKARAN, ACCOUNTANT MEMBER: THE ASSESSEE HAS FILED THIS APPEAL CHALLENGING THE ORDER DATED 31.01.2019 PASSED BY LD CIT(A)-10, BENGALURU AND IT RELATES TO THE ASSESSMENT YEAR 2014-15. 2. THE LD A.R OF THE ASSESSEE HAS FILED A LETTE R STATING THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE IN ITS APP EAL AS WELL AS IN THE APPEAL FILED BY THE REVENUE UNDER DIRECT TAXES VIVA D SE VISHWAS ACT, 2020. IT IS FURTHER STATED THAT THE ASSESSEE HAS F ILED FORM NO.1 & 2 FOR THE APPEAL FILED BY THE ASSESSEE AND IS AWAITIN G FORM NO.3. ITA NO.672/BANG/2019 AMARNATH SARALA, BENGALURU PAGE 2 OF 2 ACCORDINGLY IT IS SUBMITTED THAT APPEAL OF THE ASSE SSEE MAY BE DISMISSED AS WITHDRAWN WITH LIBERTY TO SEEK RECALL. 3. WE HEARD LD D.R, WHO DID NOT OBJECT TO THE PR AYER OF THE ASSESSEE. SINCE THE ISSUES CONTESTED IN THE APPEAL OF THE ASS ESSEE HAVE BEEN OPTED TO BE SETTLED UNDER THE DIRECT TAXES VIVAD SE VISHWAS ACT, 2010, WE DISMISS THE APPEAL OF THE ASSESSEE AS WITH DRAWN. HOWEVER, WE GIVE LIBERTY TO THE ASSESSEE TO SEEK RECALL OF T HIS ORDER IN ACCORDANCE WITH LAW, IF THE CIRCUMSTANCES SO WARRAN T. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28 TH JAN, 2021 SD/- (GEORGE GEORGE K. ) JUDICIAL MEMBER SD/- (B.R. BASKARAN) ACCOUNTANT MEMBER BANGALORE, DATED 28 TH JAN, 2021. VG/SPS COPY TO: 1. THE APPLICANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASST. REGISTRAR, ITAT, BANGALORE.