SRI PRAKASH LADHANI,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(3), BENGALURU

ITA No.2856/Bang/2017 & CO No.64/Bang/2018 Page 2 of 3 CIT(Appeals)-11, Bangalore relating to assessment years 2007-08 to 2013- 14. The Cross Objection in CO No.64/Bang/2018 is filed by the assessee in the appeal by the revenue in against the very same consolidated order of the CIT(Appeals) dated 30.10.2017 for AY 2010-11.

The assessee has filed a Memo seeking to withdraw the appeal of the assessee in for AY 2007-08 as the assessee has availed the benefit of Direct Taxes Vivad Se Vishwas Act, 2020. Accordingly, this appeal is dismissed as withdrawn. However, the assessee is at liberty to seek recall of this order in the event of Form No.3 not being issued by the department for any reason.

The assessee also seeks to withdraw the Cross Objection filed by it in CO No.64/Bang/18 for AY 2010-11 since the connected appeal of the revenue in has already been disposed of by the Tribunal by order dated 05.12.2018 and therefore the CO has become infructuous. Accordingly, the CO by the assessee is dismissed as infructuous.

In the result, the appeal and CO of the assessee are dismissed.