M/s Bhavani Enterprises, Hubali V. Deputy Commissioner of Income Tax, Central Circle, , Hubali

ITSSA 79/PAN/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9735 (ITAT-PANAJI)
• Duration Of Justice: 1 year(s) 8 month(s) 6 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 06-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 31-01-2020
• Assessment Year: 2015-2016
• Appeal Filed On: 31-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y.V. RAVIRAJ
• Assessee Lawyers: SHRINIVAS NAYAK
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI VIRTUAL COURT BEFORE SH RI R.S. SYAL, VICE PRESIDENT AND SH RI PARTHA SARATHI CHAUDHURY , J UDICIAL MEMBER I T (SS) A NO S . 78 AND 79 /PA N/201 8 / ASSESSMENT YEAR S : 2014 - 15 & 2015 - 16 M/S. BHAVANI ENTERPRISES, CTS NO.2862, BESIDE WOMENS COLLEGE, JAYACHAMRAJ NAGAR, HUBBALLI, KARNATAKA PAN : AALFB9965E VS. DCIT , CENTRAL CIRCLE , HUBBALLI APPELLANT RESPONDENT / ORDER TH ESE TWO APPEAL S BY THE ASSESSEE ARISE OUT OF THE SEPARATE ORDER S PASSED BY THE CIT(A) - 2, PANAJI IN RELATION TO THE ASSESSMENT YEAR S 2014 - 15 & 2015 - 16 . 2. BEFO RE US, THE ASSESSEE HAS FILED LETTER S DATED 18 - 05 - 2020, SEEKING WITHDRAWAL OF TH E APPEAL S . THE RELEVANT CONTENTS OF SUCH WITHDRAWAL LETTER S, WHICH IS COMMON IN BOTH THE APPEALS , READ AS UNDER : A SSESSEE BY SHRI SHRINIVAS NAYAK RE VENUE BY SHRI Y.V. RAVIRAJ DATE OF HEARING 0 3 - 07 - 2020 DATE OF PRONOUNCEMENT 06 - 0 7 - 2020 IT (SS) A NO S . 78 & 79 /PA N/ 201 8 M/S. BHAVANI ENTERPRISES 2 WE HAVE OPTED FOR THE DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 AND OUR APPLICATION HAS BEEN DULY ACCEPTED BY THE DEPARTMENT. WE ENCLOSE TH E COPY OF THE FORM - 3 RECEIVED BY US. CONSIDERING THE ABOVE, WE WOULD LIKE TO WITHDRAW THE APPEAL FI L ED BY US BEFORE THE TRIBUNAL. THE COPY OF THE APPEAL FILED MEMO IS ENCLOSED. 3. ON PERUSAL OF THE ABOVE LETTER S AND HAVING NO OBJECTION FROM THE SIDE O F LD. DR, WE ALLOW THE REQUEST OF THE ASSESSEE TO WITHDRAW THE APPEAL S . 4. IN THE RESULT, THE APPEAL S OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE O PEN COURT ON 06 TH JULY , 2020 . SD/ - SD/ - ( PARTHA SARATHI CHAUDHURY ) ( R.S.SYAL ) JUDICIAL MEMBER VICE PRESIDENT PUNE ; DATED : 06 TH JULY , 2020 SATISH IT (SS) A NO S . 78 & 79 /PA N/ 201 8 M/S. BHAVANI ENTERPRISES 3 / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. THE CIT(A ) - 2, P ANAJI 4. 5. 6 . THE PR.CIT CENTRAL, BANGALORE DR , ITAT, P ANAJI ; / GUARD FILE . / BY ORDER, / / TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE DATE 1. DRAFT DICTATED ON 0 3 - 07 - 2020 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 0 3 - 07 - 2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER. *