Vikram Kumar Kimtee, Hyderabad V. Asst. Commissioner of Income Tax, Central Circle-1(1), Hyderabad

ITA 843/Hyd/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4374 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 11 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-A
• Assessment Year: 2008-2009
• Appeal Filed On: 07-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 153A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER ITA NO. 843 /HYD./201 8 ASSESSMENT YEAR: 20 08 - 09 SRI VIKRAM KUMAR KIMTEE VS ACIT, CENTRAL CIRCLE 1(1) D.NO. 8 - 2 - 686/K/6, ROAD NO.12 HYDERABAD BANJARA HILLS HYDERABAD 500 034 [PAN: ACVPK 3057G ] (APPELLANT) (RESPONDENT) FOR ASSESSEE: SHRI K.C.DEVDAS, AR FOR REVENUE: SHRI SUNIL KUMAR PANDEY, D.R. DATE OF HEARING : 0 5 /05/2021 DATE OF PRONOUNCEMENT : 06 /05/2021 O R D E R PER L.P. SAHU, A.M. THIS ASSESSEES APPEAL FOR AY 20 08 - 09 ARISES AGAINST THE CIT(A) - 11 , HYDERABADS ORDER DATED 21 .12.201 7 IN CASE NO. 23 TO 26 /201 7 - 18 INV OLVING PROCEEDINGS U/S 143(3) R.W.S. 153A OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT). HEARD BOTH THE PARTIES. CASE FILE PERUSED. 2. AT THE OUTSET, WE ARE INFORMED DURING THE COURSE OF HEARING FROM THE ASSESSEES SIDE THAT THE ASSESSEE HAS FIL ED FOR SETTLEMENT BENEFIT UNDER THE DIRECT TAX VIVAD SE VISWAS SCHEME - 2020 BY WAY OF FORM NO.1 & 2, AND ITA NO. 843 / HYD/201 8 VIKRAM KUMAR KIMTEE, HYD. AY 20 08 - 09 2 FORM - 3 IS YET TO BE RECEIVED . HENCE LEARNED COUNSEL FOR ASSESSEE REQUESTED PERMISSION TO WITHDRAW THE APPEAL. 3. WE D ISMISS THIS APPEAL AS W ITHDRAWN AND FURTHER MAKE IT CLEAR THAT IT SHALL BE OPEN FOR THE ASSESSEE TO FILE FOR REVIVAL OF THE CASE IF THE SETTLEMENT BENEFIT IS DENIED FOR TECHNICAL REASONS. 4. THIS ASSESSEES APPEAL IS DISMISSED AS WITHDRAWN IN ABOVE TERMS. ORDER PRONOUNCED IN OPEN COURT ON 06 /0 5 /2021. SD/ - SD/ - (P. MADHAVI DEVI ) ( L.P. SAHU) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 06 TH MAY, 2021 *GMV COPY OF ORDER FORWARDED TO: 1. SRI VIKRAM KUMAR KIMTEE, D..NO. 8 - 2 - 686/K/6, ROAD NO.12, BANJARA HILLS, HYDERABAD 500 0 34 , TELANGANA 2. ACIT, CENTRAL CIRCLE 1(1), HYDERABAD 3. A CIT, CENTRAL RANGE 1 , HYDERABAD. 4. CIT(A) - 11 , HYDERABAD 5. PR.CIT - (CENTRAL), HYDERABAD. 6. D.R. ITAT HYDERABAD 7. GUARD FILE