Shri Pravakar Sahoo, Angul V. ACIT Central Circle-1, Bhubaneswar

ITSSA 28/CTK/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1372 (ITAT-CUTTACK)
• Duration Of Justice: 1 year(s) 6 month(s) 20 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 14-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 24-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M K GAUTAM
• Assessee Lawyers: P K MISHRA
• Section: 201

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL CUTTACK BENCH CUTTACK BEFORE SHRI C.M.GARG , JM & SHRI L.P. SAHU, AM (THROUGH : V IRTUAL HEARING ) IT (SS) A NO. 28 /CTK/20 1 9 ( / A SSESSMENT Y EAR : 201 1 - 201 2 ) SHRI PRAVAK AR SAHOO, AT - BAGHUABOL, PO: HATATOTA, TALCHER, DIST - ANGUL - 759100 VS. ACIT, CENTRAL CIRCLE - 1, BHUBANESWAR PAN NO. : A GVPS 4613 C ( / APPELLANT ) .. ( / RESPONDENT ) /ASSESSEE BY : SHRI P.K.MISHRA , A DVOCATE /REVENUE BY : SHRI M.K.GAUTAM , CIT DR / DATE OF HEARING : 10 / 1 2 /20 20 / DATE OF PRONOUNCEMENT : 11 / 1 2 /20 20 / O R D E R PER L.P.SAHU, AM : TH IS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER DATED 30.04 .2019 , PASSED BY THE CIT(A) - 2 , BHUBANESWAR FOR THE ASSESSMENT YEAR 201 1 - 201 2 . 2 . AT THE OUTSET, LD. AR OF THE ASSESSEE DREW OUR ATTENTION TO THE APPLICATION DATED 09.12.2020 , WHICH IS PLACED ON RECORD , AND SUBMITTED THAT THE ASSESSEE HAS FILED APPLICATION FOR THE ASSESSMENT YEAR UNDER CONSIDERATION REGARDING SETTLEMENT SOUGHT IN THE FORM - I UNDER THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020 BEFORE THE PRESCRIBED AUTHORITY(IES) THEREIN. LD. DR HAS NO OBJECTION TO THE SUBMISSION MADE BY THE LD. AR OF THE ASSES SEE IN THIS REGARD. IT (SS) A NO. 28 /CTK/201 9 2 3 . ON PERUSAL OF THE DOCUMENTS PLACED ON RECORD OF THE TRIBUNAL, WE FIND THAT THE ASSESSEE HAS PROPOSED TO SETTLE THE CASE TAKING THE BENEFIT UNDER THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020. WE, THEREFORE, ARE OF THE OPINION THAT APPE AL OF THE ASSESSEE DESERVE S TO BE DISMISSED AT THIS STAGE WITH A RIDER THAT IT SHALL BE VERY MUCH OPEN TO THE ASSESSEE/TAXPAYER TO SEEK REVIVAL OF THE CASE BEFORE THE TRIBUNAL, IF HIS SETTLEMENT PETITION HEREINABOVE , FOR BOTH THE ASSESSMENT YEAR UNDER CON SIDERATION, IS REJECTED FOR THE TECHNICAL REASONS. 4 . IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED IN THE TERMS AS INDICATED ABOVE. ORDER PRONOUNCED IN THE OPEN COURT ON 14 / 12 / 20 20 . SD/ - (C.M.GARG) SD/ - (L.P.SAH U) / JUDICIAL MEMBER / ACCOUNTANT MEMBER CUTTACK ; DATED 14 / 12 /20 20 PRAKASH KUMAR MISHRA, SR.P.S. / COPY OF THE ORDER FORWARDED TO : / BY ORDER, ( SENIOR PRIVATE SECRETARY ) , /ITAT, CUTTACK 1. / THE APPELLANT - SHRI PRAVAKAR SAHOO, AT - BAG HUABOL, PO: HATATOTA, TALCHER, DIST - ANGUL - 759100 2. / THE RESPONDENT - ACIT, CENTRAL CIRCLE - 1, BHUBANESWAR 3. ( ) / THE CIT(A), 4. / CIT 5. , , / DR, ITAT, CUTTACK 6. / GUARD FILE. //TRUE COPY//