Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, Hyderabad ‘ B ‘ Bench, Hyderabad
Before: Smt. P. Madhavi Devi & Shri A. Mohan Alankamony
Both are assessee’s appeals for the A.Y 2014-15 against the order of the CIT (A)-11, Hyderabad, dated 28.12.2017 & 31.01.2020 respectively.
At the outset, the Ld. AR submitted before us that the assessees does not want to pursue their appeals as they have already filed forms I & II under the “vivad se vishwas” scheme and its acceptance is awaited. Therefore, consequent to the same, the assessees desires to withdraw the appeals before the Tribunal. Hence it was pleaded, that the appeals of the assessees may be treated as withdrawn.
The Ld. DR conceded to the request of the Ld. AR.
ITA 406 and 407 of 2020 Asha and Jaya Kedia & others Hyderabad
After hearing both the parties, according to the request of the assessees and its Ld. AR, we hereby allow the appeals of the assessees to be withdrawn. We also make it clear that the assessees shall be at liberty to approach the Tribunal within the stipulated time as provided under the Act, in order to reinstate the appeals, if the application with respect to Vivad se Vishwas scheme is rejected.
In the result, appeal of assessee is dismissed as withdrawn. Order pronounced in the Open Court on 24th June, 2021.