JANAPAREDDY VENKATARAO,VISAKHAPATNAM V. INCOME TAX OFFICER, WARD-1(1), VISAKHAPATNAM

ITA 312/VIZ/2023

AI Insights

This case involves an appeal by Shri Janapareddy Venkata Rao against an order from the CIT (A)-NFAC Delhi concerning the assessment year 2010-11. The appeal was directed against the order dated 31/10/2023. During the proceedings, the assessee's representative informed the Tribunal about the decision to settle the ongoing tax dispute through the Vivad-se-Vishwas Scheme, 2024. Consequently, the assessee filed an application to withdraw the appeal, which was supported by the issuance of Form No.2 by the competent authority. The Departmental Representative did not object to the withdrawal of the appeal.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 26897 (ITAT-VISAKHAPATNAM)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-01-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2010-2011
• Laws Referred To: Vivad-se-Vishwas Scheme
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: GVN HARI
• Keywords: Competent authority

Judgement Text

" ITA No 312/Viz/ of 2023 Janapareddy Venkatarao Page 1 of 4 आयकर अपीलȣय अͬधकरण, ͪवशाखपटनम IN THE INCOME TAX APPELLATE TRIBUNAL Visakhapatnam Bench, Visakhapatnam Before Shri Vijay Pal Rao, Vice-President A N D Shri Balakrishnan, S. Accountant Member आ.अपी.सं /ITA No.312/Viz/2023 (िनधाŊरण वषŊ/Assessment Year: 2010-11) Shri Janapareddy Venkata Rao, D.No.22-79-8 Bendapudi Vari Veedhi, Chengalraopet, Visakhpatnam Pan: AGQPJ4668P Vs. Income Tax Officer Ward 1(1) Visakhapatnam (Appellant) (Respondent) िनधाŊįरती Ȫारा/Assessee by: Shri GVN Hari, AR राज̾ व Ȫारा/Revenue by:: Dr.Aparna Villuri, Sr AR सुनवाई की तारीख/Date of hearing: 07/01/2025 घोषणा की तारीख/Pronouncement: 07/01/2025 आदेश/ORDER Per Vijay Pal Rao, Vice President This appeal by the assessee is directed against the order dated, 31/10/2023 of the learned CIT (A)-NFAC Delhi, relating to A.Y.2010-11. यह Ǔनधा[ǐरती कȧ अपील ͪवɮवान सीआइटȣ (ए)-एनएफएसी Ǒदã लȣ क े Ǒदनांक, 31/10/2023 को पाǐरत आदेश क े ͪवǾɮध Ǔनदेͧशत है, जो Ǔनधा[रण वष[ 2010-11 से संबंͬधत है । ITA No 312/Viz/ of 2023 Janapareddy Venkatarao Page 2 of 4 2. At the time of hearing, the learned AR of the assessee has submitted that the assessee has opted for Vivad-se-Vishwas Scheme of 2024 to settle the tax dispute involved in the present appeal. The competent authority has issued Form No.2, dated 01/01/2025, copy of which is filed on record. Thus, the learned AR has submitted that the assessee is seeking permission to withdraw the appeal as the dispute has to be settled under the Vivad-se-Vishwas Scheme 2024. 2. सुनवाई क े समय, करदाता क े ͪवɮवान ए.आर. ने Ĥèतुत ͩकया है ͩक करदाता ने वत[मान अपील मɅ शाͧमल कर ͪववाद को Ǔनपटाने क े ͧलए ͪववाद-से-ͪवæवास योजना 2024 का ͪवकãप चुना है। स¢म Ĥाͬधकारȣ ने फॉम[ संÉया 2, Ǒदनांक 01/01/2025 को जारȣ ͩकया है, िजसकȧ ĤǓत अͧभलेख मɅ दज[ है। इस Ĥकार, ͪवɮवान ए.आर. ने Ĥèतुत ͩकया है ͩक करदाता अपील वापस लेने कȧ अनुमǓत मांग रहा है Èयɉͩक ͪववाद का Ǔनपटारा ͪववाद-से-ͪवæवास योजना 2024 क े तहत िकया जाना है | 3. The learned DR has raised no objection, if the present appeal of the assessee is dismissed as withdrawn in view of the settlement of dispute under Vivad-se-Vishwas. 3. यǑद ͪववाद-से-ͪवæवास क े तहत ͪववाद क े Ǔनपटारे क े मɮदेनजर करदाता कȧ वत[मान अपील को वापस लेते हुए खाǐरज कर Ǒदया जाता है, तो ͪवɮवान डी.आर. ने कोई आपͪƣ नहȣं उठाई है। ITA No 312/Viz/ of 2023 Janapareddy Venkatarao Page 3 of 4 4. Having considered the submissions of both the parties and going through the record, we find the assessee has filed an application for seeking permission to withdraw the present appeal in view of the fact that the assessee has opted to settle the dispute under Vivad-se-Vishwas Scheme, 2024. The competent authority issued Form No.2 dated 01/01/2025. Accordingly, the assessee is allowed to allowed to withdraw the present appeal and consequently, the present appeal is dismissed as withdrawn as the assessee has already opted for Vivad-se-Vishwas Scheme, 2024. The assessee can approach the Tribunal in case the settlement is not accepted by the Department under Vivad se Vishwas Scheme 2024, for whatsoever may be the reason by way of filing a Miscellaneous Application before the Tribunal to restore the appeal. We order accordingly. 4. दोनɉ प¢ɉ क े Ĥèतुतीकरण पर ͪवचार करने और अͧभलेख को देखने क े बाद, हम पाते हɇ ͩक Ǔनधा[ǐरती ने ͪववाद-से-ͪवæवास योजना, 2024 क े तहत िववाद से िवĵास का िवकÐप चुने जाने क े मɮदेनजर वत[मान अपील को वापस लेने कȧ अनुमǓत मांगने क े ͧलए एक आवेदन दायर ͩकया है। स¢म Ĥाͬधकारȣ ने फॉम[ संÉया 2 Ǒदनांक 01/01/2025 को जारȣ ͩकया। पǐरणामè वǾप, Ǔनधा[ǐरती को वत[मान अपील वापस लेने कȧ अनुमǓत दȣ गई है। तदनुसार, Ǔनधा[ǐरती कȧ वत[मान अपील को वापस ͧलया गया मानकर खाǐरज कर Ǒदया गया है Èयɉͩक करदाता ने पहले हȣ ͪववाद-से-ͪवæवास योजना, 2024 का ͪवकãप चुना है। Ǔनधा[ǐरती अͬधकरण से संपक [ कर सकता है यǑद समझौता ͪवभाग ɮवारा ͪववाद से ͪवæवास योजना 2024 क े तहत èवीकार नहȣं ͩकया जाता है, चाहे जो भी कारण हो, तथा करदाता को अͬधǓनयम क े तहत Ǔनधा[ǐरत समय सीमा क े भीतर Ûयायाͬधकरण क े सम¢ ITA No 312/Viz/ of 2023 Janapareddy Venkatarao Page 4 of 4 ͪवͪवध आवेदन दायर करने कȧ èवतंğता होगी ताͩक करदाता कȧ अपील को बहाल ͩकया जा सक े। तदनुसार आदेश Ǒदया गया। 5. In the result, the appeal of the assessee is dismissed as 'withdrawn'. 5. पǐरणामè वǾप Ǔनधा[ǐरती कȧ अपील को वापस लेने क े कारण खाǐरज ͩकया जाता है । Order pronounced in the Open Court on the conclusion of the hearing i.e. on 7th January, 2025. आदेश कȧ उɮघोषणा खुलȣ अदालत मɅ सुनवाई क े अंत मɅ अथा[त 7,जनवरȣ 25 को कȧ गयी । Sd/- Sd/- (BALASHRISHNAN,S ) ACCOUNTANT MEMBER (VIJAY PAL RAO) VICE-PRESIDENT Hyderabad, dated 7th January, 2025 Vinodan/sps Copy to: S.No Addresses 1 Mr. Janapareddy Venkata Rao, D.No.22-79-8 Bendapudi Vari Veedhi,Chengalraopet, Visakhpatnam 2 Income Tax Officer, Ward 1(1) Visakhapatnam 3 Pr. CIT - Visakhapatnam 4 DR, ITAT Visakhapatnam Benches 5 Guard File By Order "