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Income Tax Appellate Tribunal - Hyderabad

Mridul Agarwal,, Hyderabad vs Dy.Cit, Circle-1(3),, Hyderabad on 16 April, 2021

                                                            ITA Nos 1115 to 1117 and others Mridul Agarwal and others


                   IN THE INCOME TAX APPELLATE TRIBUNAL
                       Hyderabad "A" Bench, Hyderabad
                               (Through Video Conferencing)
                 Before Smt. P. Madhavi, Judicial Member
                                   AND
              Shri A. Mohan Alankamony, Accountant Member

S.No    ITA No & A.Y       Assessee & PAN No.             Respondent                    AR Sri      DR
1       1115/Hyd/14    Sri Mridul Agarwal,            Dy. CIT,                       C.P.      P. Chandra
        2009-10        Secunderabad                   Circle 1(3)                    Ramaswamy Sekhar
                       AGNPA5170A                     Hyderabad
2       1116/Hyd/14    Smt. Pushpa Agarwal,           -do-                           -do-              -do-
        2009-10        Secunderabad
                       ABQPA5666B
3       1117/Hyd/14    Sri Mayur Gopal Agarwal        -do-                           -do-              -do-
        2009-10        Secunderabad
                       AGTPA8780G
4       845/Hyd/2014   Dy. CIT, Circle 1(3)           Sri Mayur Gopal                -do-              -do-
        2009-10        Hyderabad                      Agarwal
                                                      Secunderabad
                                                      AGTPA8780G
5       846/Hyd/2014   -do-                           Smt. Pushpa                    -do-              -do-
        2009-10                                       Agarwal,
                                                      Secunderabad
                                                      ABQPA5666B
6       1958/Hyd/14    Smt. Sanjana Agarwal           Dy. CIT,                       -do-              -do-
        2010-11        Hyderabad                      Circle 1(3)
                       BBXPS6320N                     Hyderabad


                          Date of hearing:                            15/04/2021
                       Date of pronouncement:                         16/04/2021

                                          ORDER

       Per Smt. P. Madhavi Devi, J.M.

The above appeals are cross appeals filed by both the respective assessees and the Revenue for the respective A.Ys against the orders of the CIT (A)-II. Hyderabad.

2. At the outset, the Ld. AR submitted before us that the assessees do 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 their appeals before the Tribunal.

Page 1 of 2

ITA Nos 1115 to 1117 and others Mridul Agarwal and others Hence it was pleaded, that the appeals of the assessees may be treated as withdrawn.

3. The Ld. DR conceded to the request of the Ld. AR.

4. 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 appeal, if the application with respect to Vivad se Vishwas scheme is rejected.

5. In the result, appeal of assessee is dismissed as withdrawn.

Order pronounced in the Open Court on 16th April, 2021.

            Sd/-                                                  Sd/-
     (A. MOHAN ALANKAMONY)                                  (P. MADHAVI DEVI)
       ACCOUNTANT MEMBER                                    JUDICIAL MEMBER


Hyderabad, dated 16th April, 2021.

Vinodan/sps Copy to:

S.No    Addresses
1       Assessees C/o Mohd. Afzal, Advocate, No.402, Sherson's Residency,

11-5-465, Criminal Court Road, Red Hills, Hyderabad 500004 2 Smt.Sanjana Agarwal, Basai Steels & Power (P) Ltd, A-23/5-6 APIE Balanagar, Hyderabad 3 Dy.CIT, Circle 1(3) Aayakar Bhavan, Hyderabad 4 CIT(A)-II Hyderabad 5 CIT-I, Hyderabad 6 DR, ITAT, Hyderabad Benches 7 Guard File By Order Page 2 of 2