Kanai Technology - Assessee’s appeal under consideration is allowed to be withdrawn

Last updated: 18 February 2021

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The Income Tax Appellate Tribunal has allowed M/s. Kanai Technology Parks Pvt. Ltd. to withdraw their appeal concerning the assessment year 2015-16. The assessee decided to proceed with the VSVS 2020 scheme and has filed the necessary forms. Consequently, the appeal has been dismissed as withdrawn.

Court :
ITAT Bangalore

Brief :
Present appeal by the assessee has been filed by assessee against order dated 25/01/2019 passed by CIT(A)-4, Bangalore, for assessment year 2015-16.

Citation :
ITA No.697/Bang/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
‘C’ BENCH : BANGALORE
BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER
AND
SMT. BEENA PILLAI, JUDICIAL MEMBER

ITA No.697/Bang/2019
Assessment Year : 2015-16

M/s. Kanai Technology
Parks Pvt. Ltd.,
No.150, 1st Floor, Embassy
Point,
Infantry Road,
Bengaluru-560 001.
PAN – AACCV 3430 G
APPELLANT

Vs.

The Dy. Commissioner of
Income-tax,
Circle-4(1)(1),
Bengaluru.
RESPONDENT

Appellant by : Smt. Tanmayee Rajkumar,
Advocate
Respondent by : Smt. R Premi, JCIT (DR)
Date of Hearing : 28-01-2021
Date of Pronouncement : 01-02-2021

ORDER

PER BEENA PILLAI, JUDICIAL MEMBER

Present appeal by the assessee has been filed by assessee against order dated 25/01/2019 passed by CIT(A)-4, Bangalore, for assessment year 2015-16.

2. At the outset, Ld.AR vide letter dated 19/01/2021 submitted that assessee has decided to go in for VSVS 2020. It is also been submitted that assessee filed Form 1 & 2 in respect of this appeal and Form 3 has also received. Accordingly, assessee’s appeal for year under consideration is allowed to be withdrawn.

In the result, assessee’s appeal are dismissed as withdrawn.

Order pronounced in the open court on 1st February, 2021

Sd/- Sd/-
(CHANDRA POOJARI) (BEENA PILLAI)
Accountant Member Judicial Member
Bangalore,
Dated, the 1st February, 2021.
/Vms/

Copy to:
1. Appellant
2. Respondent
3. CIT
4. CIT(A)
5. DR, ITAT, Bangalore
6. Guard file

By order
Assistant Registrar, ITAT, Bangalore