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Income Tax Appellate Tribunal, HYDERABAD BENCHES “B” : HYDERABAD
Before: SMT. P. MADHAVI DEVI & SHRI D.S. SUNDERE SINGH
For Assessee : Shri Pawan Kumar Chakrapani For Revenue : Sunku Srinivas Date of Hearing : 19-11-2020 Date of Pronouncement : 19-11-2020 O R D E R PER D.S. SUNDER SINGH, A.M. :
All these appeals filed by the Revenue are against the orders of CIT(A) – 9, Hyderabad relating to AYs 2010-11 to 2013- 14.
These appeals filed by the assessee were taken up for hearing through Video Conference on 19/11/2020 and both the parties were heard.
:- 2 -: Nos. 1108 to 1110 and 1236/Hyd/2016 My Home Navadweepa Apartment Owners Welfare Association
The Ld. AR for the assessee has requested for withdrawal of the appeals filed by the Department stating that the Department has opted to settle the dispute relating to the tax arrears for the A.Ys. under consideration under “Vivad Se Vishwas Scheme, 2020”. He further submitted that an application to this effect has been filed by the assessee and that the assessee has also received Form- 3.
3. In view of the above, we accept the request of the ld. DR for withdrawal of the appeals as Pr. CIT - 2 has issued Form-3.
However, the aforesaid is subject to a caveat that in case the dispute relating to tax arrears for the captioned A.Ys. are not ultimately resolved in terms of the afore-stated Act, the appellant (i.e. the assessee) is at liberty to approach the Tribunal for reinstitution of the appeals and the Tribunal shall consider such application appropriate as per law. The ld. DR for the revenue has no objection with regard to the aforesaid caveat.
In the result, the appeals of the asseessee are dismissed as ‘withdrawn’. Order pronounced in the open court on 19th November, 2020.