Affiliated Media Company Pvt.Ltd., Hyd, Hyderabad DCIT, Circle-14(1), Hyderabad, Hyderabad

The Income Tax Appellate Tribunal has dismissed appeals filed by Affiliated Media Company Pvt. Ltd. for the assessment years 2009-10 and 2012-13. The company opted to avail the benefits of the Direct Tax Vivad Se Vishwas Scheme-2020. The appeals were dismissed as withdrawn, with the provision that the company can seek revival of the cases if the settlement benefit is denied for technical reasons.

IN THE INCOME TAX APPELLATE TRIBUNAL
HYDERABAD BENCHES “A”: HYDERABAD
(THROUGH VIRTUAL CONFERENCE)

BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER
and
LAXMI PRASAD SAHU, ACCOUNTANT MEMBER

ITA Nos. 1252 & 1253/H/2015
Assessment Years: 2009-10 & 2012-13

Affiliated Media Company
Pvt. Ltd., Hyderabad.
PAN – AAGCA 4079E
(Appellant) 

Vs. 

Asst. Commissioner of
Income-tax, Circle – 13(1),
Hyderabad.
(Respondent)

Assessee by: Shri Mithilesh
Revenue by: Shri Sunil Kumar Pandey

Date of hearing: 17/05/2021
Date of pronouncement: 18/05/2021

O R D E R

PER BENCH:

Both these appeals filed by the assessee for AYs 2009-10 and 2012-13 are directed against CIT(A) – VI Hyderabad’s separate orders, both dated, 26/08/2015 involving proceedings u/s 143(3) of the Income Tax Act,1961 ; in short “the Act”.

2. At the outset, the ld. counsel for the assessee submitted that the assessee has opted to avail the benefit under the ‘Direct Tax Vivad Se Viswas Scheme-2020’ in prescribed Form No.1 & 2 and received Form(s)-3 in tune thereto, which is placed on record and therefore, requested the Bench to permit to withdraw its appeals.

3. Having regard to the facts and circumstances of the case, we are inclined to dismiss the appeals of the assessee as withdrawn since the assessee has preferred to avail the Vivad-se-Vishwas Scheme by filing Form No.1 & 2 and received Form(s)-3 in tune thereto, with a rider that it shall be very much open for the assessee to file for revival of these cases, if the settlement benefit under the scheme is denied to it for technical reasons.

5. In the result, assessee’s appeals are dismissed in above terms.

Pronounced in the open court on 18th May, 2021.

 Sd/-                                        Sd/-
 (S. S. GODARA)                   (L.P. SAHU)
 JUDICIAL MEMBER             ACCOUNTANT MEMBER

Hyderabad, Dated: 18th May, 2021.

copy to :
1 Affiliated Media Company Pvt. Ltd., Plot No. 97,Road No. 3, Banjara Hills, Hyderabad.
2 ACIT, Circle – 13(1), IT Towers, AC guards,Hyderabad – 500 004
3 CIT(A) - VI, Hyderabad
4 Pr. CIT - 6, Hyderabad.
5 ITAT, DR, Hyderabad
6 Guard File.