Kovvuri Srinivasa Reddy, Pasarlapudi Village, v. The Assistant Commissioner of Income Tax, Circle - 1,, Kakinada

ITA 56/VIZ/2020 | 2007-2008
Pronouncement Date: 03-03-2021 | Result: Dismissed

Appeal Details

RSA Number 5625314 RSA 2020
Assessee PAN ALNPK4064C
Bench Visakhapatnam
Appeal Number ITA 56/VIZ/2020
Duration Of Justice 1 year(s) 27 day(s)
Appellant Kovvuri Srinivasa Reddy, Pasarlapudi Village,
Respondent The Assistant Commissioner of Income Tax, Circle - 1,, Kakinada
Appeal Type Income Tax Appeal
Pronouncement Date 03-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted SMC
Tribunal Order Date 03-03-2021
Last Hearing Date 05-05-2020
First Hearing Date 05-05-2020
Assessment Year 2007-2008
Appeal Filed On 06-02-2020
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL VISAKHAPATNAM BENCH VISAKHAPATNAM BEFORE SHRI N.K. CHOUDHRY HONBLE JUDICIAL MEMBER & SHRI D.S. SUNDER SINGH HON'BLE ACCOUNTANT MEMBER I . T . A . NO S . 5 5 TO 60 / VIZ /2020 (ASST. YEAR S : 20 06 - 07 TO 2011 - 12 ) KOVVURI SRINIVASA REDDY D.NO. 3 - 144 HIGH SCHOOL STREET PASARLAPUDI VILLAGE RAYAVARAM MANDAL EAST GODAVARI DISTRICT. PAN NO. ALNPK 4064 C (APPELLANT) VS. ACIT CIRCLE - 1 KAKINADA . (RESPONDENT) ASSESSEE BY : SHRI G.V.N. HARI ADVOCATE. DEPARTMENT BY : SMT. SUMAN MALIK SR. DR DATE OF HEARING : 03 / 0 3 /2021 . DATE OF PRONOUNCEMENT : 03 / 0 3 /20 2 1 . O R D E R PER N.K. CHOUDHRY JUDICIAL MEMBER: THESE APPEAL S HAVE BEEN PREFERRED BY THE SAME ASSESSEE AGAINST THE SEPARATE ORDER S ALL DATED 14 / 11 /201 9 IMPUGNED HEREIN PASSED BY THE LD. CIT(A) - 2 GUNTUR U/SEC. 250(6) OF THE INCOME TAX ACT 1961 (HEREINAFTER REFERRED TO AS THE 'ACT') FOR THE A.Y S . 2006 - 07 TO 2011 - 12 . 2. THE ASSESSEE HA S PREFERRED APPLICATIONS UNDER CONSIDERATION DATED 08 / 02/2021 FOR WITHDRAWAL OF THE APPEALS . 3. DURING THE COURSE OF HEARING LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT SINCE ASSESSEE HA S AVAILED THE IMMUNITY SCHEME 2 ITA NO S . 5 5 - 60 /VIZ/20 20 ( KOVVURI SRINIVASA REDDY ) I.E. VIVAD SE VISHWA S UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 AND T HE INCOME TAX DEPARTMENT HAS ISSUED FORMS NO.3 DATED 03/12/2020 03/12/2020 03/12/2020 03/12/2020 21/12/2020 & 21/12/2020 RESPECTIVELY IN RESPONSE TO THE APPLICATIONS FILED BY THE ASSESSEE UNDER THE SCHEME THEREFORE APPEALS OF THE ASSESSEE MAY BE ALLOWED TO BE DISMISSED AS WITHDRAWN WITH LIBERTY TO SEEK RECALL OF THE ORDERS IN CASE ANY UNFORESEEN CIRCUMSTANCES WOULD ARISE IN FUTURE. 4 . THE LD. DR HAS RAISED NO OBJECTION IF THE APPEALS OF THE ASSESSEE ARE ALLOWED TO BE DISMISSED AS WITHDRAWN. 5 . HAVING HEARD BOTH THE PARTIES AND PERUSED THE APPLICATIONS FOR WITHDRAWAL OF THE APPEAL S AND FORMS NO.3 (COPY ALREADY ON RECORD) ISSUED BY THE DEPARTMENT. CONSIDERING THE FACTS AND CIRCUMSTANCES OF THE CASE S THE APPEALS OF ASSESSEE ARE LIABLE TO BE DISMISSED AS WITHDRAWN WITH LIBERTY TO SEEK RECALL OF THE ORDER AS PRAYED FOR IN ACCORDANCE WITH LAW HENCE ORDERED ACCORDINGLY. 6 . IN THE RESULT APPEALS OF THE ASSESSEES ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON THIS 03 RD DAY OF MARCH 2021 . S D / - S D / - ( D.S.SUNDER SINGH) ( N.K.CHOUDHRY ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 03 RD MARCH 2021 . VR/ - 3 ITA NO S . 5 5 - 60 /VIZ/20 20 ( KOVVURI SRINIVASA REDDY ) COPY TO: 1. THE ASSESSEE KOVVURI SRINIVASA REDDY D.NO. 3 - 144 HIGH SCHOOL STREET PASARLAPUDI VILLAGE RAYAVARAM MANDAL EAST GODAVARI DISTRICT. 2. THE REVENUE ACIT CIRCLE - 1 KAKINADA . 3. THE PR.CIT - 2 VISAKHAPATNAM . 4. THE CIT(A) - 2 GUNTUR . 5. THE D.R. VISAKHAPATNAM. 6. GUARD FILE. BY ORDER (VUKKEM RAMBABU) SR. PRIVATE SECRETARY ITAT VISAKHAPATNAM.