M/S. L K Trust, Bengaluru The Assistant Commissioner Of Income Tax, Circle- 8(1), Bengaluru Details

IN THE INCOME TAX APPELLATE TRIBUNAL
“C’’ BENCH: BANGALORE

BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER

 ITA No.1966/Bang/2019
 Assessment Year: 2002-03

M/s. L.K. Trust
No.9, Seshadri Road
Bengaluru 560 001
PAN NO : AAATL0522A
APPELLANT 

Vs.

Deputy Commissioner of
Income-tax (formerly)
Circle-8(1) –
(Now ITO Ward-5(2)(3),
Bengaluru
RESPONDENT

 ITA No.1967& 1968/Bang/2019
 Assessment Year: 2008-09 & 2009-10

M/s. L.K. Trust
No.9, Seshadri Road
Bengaluru 560 001
PAN NO : AAATL0522A
APPELLANT 

Vs.

ACIT (formerly),
Circle-8(1) –
(Now ITO Ward-5(2)(3),
Bengaluru
RESPONDENT

Appellant by : Shri V. Sridhar, A.R.
Respondent by : Smt. R. Premi, D.R.

Date of Hearing : 08.03.2021
Date of Pronouncement : 08.03.2021

O R D E R

PER BENCH:

 The assessee has filed these three appeals challenging the orders passed by Ld CIT(A)-12, Bengaluru and they relate to the assessment years 2002-03, 2008-09 and 2009-10.

2. The Ld Counsel for the assessee has furnished a letter statingthat the assessee has opted to settle the disputes of the above saidyears under Direct Tax Vivad Se Vishwas Act and has also filed Form No.1 & 2. The Ld A.R submitted that the assessee is awaiting FormNo.3. Accordingly the Ld A.R submitted that these appeals may beadjourned. The Ld A.R submitted the Bangalore benches of Tribunalis dismissing the appeals in such kinds of cases giving liberty to the assessee to seek recall of the order, if something goes wrong.

3. We heard Ld D.R and perused the record. Since the assesseehas opted to settle the disputes of these three years under Direct TaxVivad Se Vishwas Act, 2020, we are of the view that no purpose willbe served in keeping these three appeals pending. Accordingly wedismiss these appeals of the assessee as withdrawn. However, theassessee is given liberty to move appropriate application for recall of the order of all or any of the years in accordance with the law, if the assessee intends to do so.

4. In the result, all the three appeals of the assessee are dismissed as withdrawn.

Order pronounced in the open court on 8th Mar, 2021.

 Sd/-                                               Sd/-
 (N.V. Vasudevan)                        (B.R. Baskaran)
 Vice President                             Accountant Member

Bangalore,
Dated 8th Mar, 2021.
VG/SPS

Copy to:
1. The Applicant
2. The Respondent
3. The CIT
4. The CIT(A)
5. The DR, ITAT, Bangalore.
6. Guard file
 
By order
 Asst. Registrar, ITAT, Bangalore.