Karwa Bharat Kumar , Hyderabad v. Income Tax Officer, Ward-7(2), Hyderabad

ITA NOS 2356 AND 2357 OF 2018 MADHURI KARWA AND KARWA BHARAT KUMAR HYDERABAD PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH HYDERABAD (THROUGH VIDEO CONFERENCING) BEFORE SMT. P. MADHAVI DEVI JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU ACCOUNTANT MEMBER ITA NO.2356/HYD/2018 ASSESSMENT YEAR: 2015-16 SMT. MADHURI KARWA HYDERABAD PAN:AENPK9411J VS. INCOME TAX OFFICER WARD 7(2) HYDERABAD (APPELLANT) (RESPONDENT) ITA NO.2357/HYD/2018 ASSESSMENT YEAR: 2015-16 SRI KARWA BHARAT KUMAR (HUF) HYDERABAD PAN:AAAHK6173J VS. INCOME TAX OFFICER WARD 7(12) HYDERABAD (APPELLANT) (RESPONDENT) ASSESSEE BY: SRI MANOJ KUMAR DAGA REVENUE BY : SRI SUNIL KUMAR PANDEY DR DATE OF HEARING: 07/05/2021 DATE OF PRONOUNCEMENT: 19/05/2021 ORDER PER SMT. P. MADHAVI DEVI J.M. THESE ARE ASSESSEES APPEALS FOR THE A.Y 2015-16 AGAINST THE ORDER OF THE CIT (A)-3 HYDERABAD DATE D 8.10.2018. 2. A T THE OUTSET THE LD. AR SUBMITTED BEFORE US THAT T HE ASSESSEES DOES NOT WANT TO PURSUE THEIR APPEALS AS THEY HAVE ALREADY FILED FORMS I & II UNDER THE VIVAD SE VISH WAS SCHEME AND ITS ACCEPTANCE IS AWAITED. THEREFORE CONSEQUENT TO THE SAME THE ASSESSEES DESIRES TO WITHDRAW THE APPEAL BEFORE THE TRIBUNAL. ITA NOS 2356 AND 2357 OF 2018 MADHURI KARWA AND KARWA BHARAT KUMAR HYDERABAD PAGE 2 OF 2 HENCE IT WAS PLEADED THAT THE APPEALS OF THE ASSES SEES MAY BE TREATED AS WITHDRAWN. 3. THE LD. DR CONCEDED TO THE REQUEST OF THE LD. AR . 4. AFTER HEARING 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 AR WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN.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 THA T THE ASSESSEE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL WITHIN THE STIPULATED TIME AS PROVIDED UNDER THE ACT IN ORDER TO REINSTA TE THE APPEAL IF THE APPLICATION WITH RESPECT TO VIVAD SE VISHWAS SC HEME IS REJECTED. 5. IN THE RESULT APPEALS OF ASSESSEES ARE DISMISSE D AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 19 TH MAY 2021. SD/- SD /- (LAXMI PRASAD SAHU) ACCOUNTANT MEMBER (P. MADHAVI DEVI) JUDICIAL MEMBER HYDERABAD DATED 19 TH MAY 2021. VINODAN/SPS COPY TO: S.NO ADDRESSES 1 SMT.MADHURI KARWA & SRI KARWA BHA RAT KUMAR (HUF) 14 - 6 - 39 BEGUM BAZAR HYDERABAD 2 INCOME TAX OFFICER WARD 7(2) HYDERABAD 3 CIT (A)-3 HYDERABAD 4 PR. CIT 3 HYDERABAD 5 DR ITAT HYDERABAD BENCHES 6 GUARD FILE BY ORDER