A.Sudhakar, Karimnagar, Hyderabad V. ACIT, Circle-1, Karimnagar, Karimnagar

ITA 820/HYD/2015

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4302 (ITAT-HYDERABAD)
• Duration Of Justice: 5 year(s) 7 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: misc
• Appeal Filed On: 17-06-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: PHANINDRA KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER ITA NO. 820 / HYD/201 5 BLOCK PERIOD : 1989 - 1990 TO 1999 - 2000 SH. A. SUDHAKAR KARIMNAGAR [PAN: AAYPA4534F] VS. ACIT, CIRCLE 1 KARIMNAGAR RANGE KARIMNAGAR ( APPELLANT) (RESPONDENT) ASSESSEE BY: SRI PHANINDRA KUMAR, ADV. REVENUE BY : SRI R OHIT MUJUMDAR, DR DATE OF HEARING: 21 / 01 / 2021 DATE OF PRONOUNCEMENT: 01 / 0 2 /20 21 ORDER PER SMT. P. MADHAVI DEVI, J.M THIS IS ASSESSEES APPEAL FOR THE BLOCK PERIOD 1989 - 90 TO 1999 - 2000 AGAINST THE ORDER OF THE CIT (A) - 2 HYDERABAD, DATED 10.04.2015 . 2. A T THE OUTSET, THE LD. AR S UBMITTED BEFORE US TH AT THE ASSESSEE DOES NOT WANT TO PURSUE THE APPEAL AS HE H AS ALREADY FILED FORMS I & II UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 SCHEME AND ASSESSEE HAS ALSO BEEN ISSUED FORM 3 FROM THE PR.CIT, HYDER ABAD. THEREFORE, CONSEQUENT TO THE SAME, THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. HENCE IT WAS ITA NO 820 /HYD/ 15 BLOCK PERIOD 1989 - 90 TO 1999 - 2000 SRI A SUDHAKAR 2 PLEADED, THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR. 4. AFTER HE ARING BOTH THE PARTIES, ACCORDING TO THE REQUEST OF THE ASSESSEE AND ITS LD. AR, WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. WE ALSO MAKE IT CLEAR THAT THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT, IN ORDER TO REINSTATE THE APPEAL, IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SCHEME IS REJECTED. 5. IN THE RESULT, A PPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 01 ST FEBR UARY , 2021 . SD/ - SD/ - (A. MOHAN ALANKAMONY) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD, 01 ST FEBRUARY, 2021 . * GMV COPY TO: 1 SRI A. SUDHAKAR, C/O AV RAGHURAM, ADVOCATES & TAX CONSULTANTS, CHAMBERS : FLAT NO.610, 6 TH FLOOR, BABUKHAN ESTATE, BASHEERBAGH, HYDERABAD 500 001 . 2 ACIT, CIRCLE 1, KARIMNAGAR / JCIT, KARIMNAGAR RANGE, KARIMNAGAR 3 CIT (A) - 2, HYDERABAD 4 PR. CIT 2, HYDERABAD 5 THE DR, ITAT HYDERABAD 6 GUARD FILE