SMS Country Networks Private Limited, Hyderabad V. Income Tax Officer, Ward-3(3), Hyderabad

ITA 744/Hyd/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 7331 (ITAT-HYDERABAD)
• Duration Of Justice: 8 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 20-01-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 10-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Section: 263

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B , HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 744/HYD/2019 ASSESSMENT YEAR: 2014 - 15 M/S. SMS COUNTRY NETWORKS (P) LTD., HYDERABAD 084 PAN: AAJCS 0349 E VS. INCOME TAX OFFICER, WARD - 3(3), 7 TH FLOOR, SIGNATURE TOWERS, KONDAPUR, HYDERABAD 500 084. (APPELLANT) (RESPONDENT) ASSESSEE BY: NONE REVENUE BY: SRI Y.V.S.T. SAI, CIT - DR DATE OF HEARING: 20/01/2020 DATE OF PRONOUNCEMENT: 20 /01/2020 ORDER PER A. MOHAN ALANKAMONY, AM.: THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. PRINCIPAL COMMISSIONER OF INCOME TAX - 3, HYDERABAD IN F.NO.PR.CIT - 3/HYD/263/2018 - 19, DATED 08/03/2019 PASSED U/S. 263 OF THE ACT THE ACT THE FOR THE A.Y. 2014 - 15. 2. A T THE TIME OF HEARING THE APPEAL NONE APPEARED ON BEHALF OF THE ASSESSEE, HOWEVER WE OBSERVED FROM THE RECORD S THAT THE ASSESSEE HA D FILED A LE TTER ON 08/01/2020 SEEKING PERMISSION OF THE BENCH TO WITHDRAW ITS APPEAL BECAUSE THE ISSUES INVOLVED IN THE APPEAL WERE 2 SETTLED IN THE SCRUTINY ASSESSMENT . THE LD. DR DID NOT EXPRESS ANY OBJECTION FOR THE SAME. THEREFORE , CONSIDERING THE ASSESSEES REQU EST , THE APPEAL OF THE ASSESSEE IS HEREBY ALLOWED TO BE WITHDRAWN. 3. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON 20 TH JANUARY, 2020. SD/ - SD/ - (P. MADHAVI DEVI) ( A. MOHAN ALANKAMONY ) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD, DATED: 20 TH JANUARY, 2020 OKK COPY TO: - 1) M/S. SMS COUNTRY NETWORKS (P) LTD, 3 RD FLOOR, TECHNIAL BLOCK, SUNDARAYYA VIGNANA KENDRAM, MADHAVA REDDY COLONY, SURVEY NO.91, GACHIBOWLI, HYDERABAD - 32. 2) THE INCOME TAX OFFICER, WARD - 3(3), HYDERABAD. 3) ADDL. CIT, RANGE - 3, HYDERABAD. 4) PR. CIT - 3, HYDERABAD. 5) THE DR, ITAT, HYDERABAD 6) GUARD FILE