Narangi Jain , Secunderabad V. Asst. Commissioner of Income Tax, Circle-10(1), Hyderabad

ITA 80/Hyd/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7216 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2016-2017
• Appeal Filed On: 24-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: E. SREEDHAR
• Section: 10; 201; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD SMC BENCH : HYDERABAD (THROUGH VIDEO CONFERENC E ) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER ITA NO. 8 0 /HYD./20 20 ASSESSMENT YEAR: 20 1 6 - 17 S MT NARANGI JAIN VS. ACIT , CIRCLE 1 0 ( 1 ) SECUNDERABAD HYDERABAD PAN: AFMPJ6911N (APPELLANT) (RESPONDENT) FOR ASSESSEE : SH. KIRAN MANOHAR, ADV. FOR REVENUE : SH. E. SREEDHAR, D.R. DATE OF HEARING : 20 / 01 /202 1 DATE OF PRONOUNCEMENT : 20 / 01 /202 1 O R D E R THIS IS ASSESSEES APPEAL FILED AGAINST THE ORDER OF CIT(A) - 6 , HYDERABAD DATED 1 8 .11.2019 RELATING TO A.Y. 201 6 - 17 . 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE ME THAT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS IT HAS ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISHWAS SCHEME, 2020 AND ITS ACCEPTANCE IS AWAITED. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD.DR CONCEDED TO THE REQUEST OF THE LD.A.R. 4. AFTER HEARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD.AR, I HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. I ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE ITA NO. 80 /HYD./20 20 S MT. NARANGI JAIN AY 20 1 6 - 17 2 TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVA D SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 20 /01/2021 . SD/ - (P. MADHAVI DEVI) JUDICIAL MEMBER DATED: 20 TH JANUARY, 2021 GMV COPY OF ORDER FORWARDED TO: 1. SMT. NARANGI JAIN, 3 - 3 - 160/168, IMMEDISETTY ARCADE, SUBHASH ROAD, SECUNDERABAD 500 003 . 2. ACIT, CIRCLE 10(1), HYDERABAD . 3. ACIT, RANGE 1 0 , HYDERABAD 4. CIT( A ) - 6 , HYDERABAD . 5 . PR.CIT - 6 , HYDERABAD 6 D.R. ITAT HYDERABAD 7 . GUARD FILE