M/s Jai Bharath Mills - Dismissal of appeal under VSVS 2020.

Last updated: 18 February 2021

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The Income Tax Appellate Tribunal has dismissed the appeal filed by M/s Jai Bharath Mills Pvt. Ltd. concerning the assessment year 2003-04. The dismissal is a result of the assessee opting for the VSVS 2020 scheme. Although the assessee filed the necessary forms for the scheme, they requested an adjournment pending the receipt of Form 3.

Court :
ITAT Bangalore

Brief :
Present appeal by the assessee has been filed by assessee against order dated 3/7/2019 passed by CIT(A), Managaluru for assessment year 2003-04.

Citation :
ITA No.2034/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.2034/Bang/2019
Assessment Year : 2003-04

M/s Jai Bharath Mills Pvt.
Ltd.,
Tile Factory Road,
Manipal-576 104.
PAN – AAACJ 5213 D
APPELLANT

Vs.

The Dy. Commissioner of
Income-tax,
Circle-1,
Udupi.
RESPONDENT

Appellant by : Smt. R Prathibha, Advocate
Respondent by : Shri H Anand, Addl.CIT (DR)

Date of Hearing : 25-01-2021
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 3/7/2019 passed by CIT(A), Managaluru for assessment year 2003-04.

2. At the outset, Ld.AR vide letter dated 23/01/2021 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 these appeals. He however filed an adjournment application seeking date till that received Form 3.

To know more in details find the atatchment file