PARIT MUKUNDRAI MAVJI PATEL,AUSTRALIA vs. ADIT (INT TAXN)-2, HYDERABAD

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ITA 295/HYD/2024Status: DisposedITAT Hyderabad26 September 2024AY 2016-2017Bench: Shri Mahavir Singh, Hon'ble (Vice President), Shri Manjunatha, G. Accountant Hon'ble (Accountant Member)2 pages

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Income Tax Appellate Tribunal, Hyderabad ‘A‘ Bench, Hyderabad

Before: Shri Mahavir Singh, Honble Vice- & Shri Manjunatha, G. Accountant Honble

Hearing: 26/09/2024

ITA No 295 of 2024 Parit Mukundrai Mavji Patel

आयकर अपील�य अ�धकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘A‘ Bench, Hyderabad Before Shri Mahavir Singh, Hon'ble Vice-President and Shri Manjunatha, G. Accountant Hon'ble Accountant Member आ.अपी.सं /ITA No. 295/Hyd/2024 (िनधा�रण वष�/Assessment Year: 2016-17) Shri Parit Mukundrai Mavji Vs. ADIT (Int.Taxation)-2 Patel Hyderabad Hyderabad PAN:CTXPP1938A (Appellant) (Respondent) िनधा��रती �ारा/Assessee by: Shri A.V. Raghuram, Advocate राज� व �ारा/Revenue by:: Shri Srinath Sadanala, DR सुनवाई की तारीख/Date of hearing: 26/09/2024 घोषणा की तारीख/Pronouncement: 26/09/2024 आदेश/ORDER Per Manjunatha, G. A.M This appeal filed by the assessee is directed against the order dated 1/2/2024 of the learned CIT (A)-10, Hyderabad, relating to A.Y.2016-17.

2.

At the time of hearing, the learned Counsel for the assessee made a statement at Bar that, the assessee intend to avail the VSVS scheme 2024 to be notified by the Government and thus, the appeal of the assessee may be dismissed as withdrawn subject to condition that a liberty may be given to the assessee to restore his appeal, in case for any reason, it is not possible to avail the benefit under VSVS scheme.

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ITA No 295 of 2024 Parit Mukundrai Mavji Patel

3.

The learned DR present for the Revenue has no objection for withdrawal of the appeal by the assessee.

4.

We have heard both the parties and also considering the statement made by the learned Counsel for the assessee at Bar, we allow the assessee to withdraw his appeal on the ground of settling the dispute under the VSVS 2024. We also provide liberty to the assessee to restore his appeal, in case for any reason it is not possible for the assessee to avail the benefit under VSVS 2024.

5.

In the result, appeal filed by the assessee is dismissed. Order pronounced in the Open Court on 26th September, 2024. Sd/- Sd/- (MAHAVIR SINGH) (MANJUNATHA, G.) VICE-PRESIDENT ACCOUNTANT MEMBER Hyderabad, dated 26th September, 2024 Vinodan/sps Copy to: S.No Addresses 1 Shri Parit Mukundrai Mavji Patel No.2-117/AA/A/1508, Flat No.1508, Block A, Aditya Athena Apartments, OU Colony, Manikonda Road, Durga Hussain Shahwali, Hyderabad 500008 2 ADIT (International Taxation)-2 Aayakar Bhavan, Opp: LB Stadium, Basheerbagh, Hyderabad 500004 3 Pr. CIT – Hyderabad 4 DR, ITAT Hyderabad Benches 5 Guard File By Order

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PARIT MUKUNDRAI MAVJI PATEL,AUSTRALIA vs ADIT (INT TAXN)-2, HYDERABAD | BharatTax