SMT. SUMAN DEVI JAIN ,BHILWARA vs. ITO, WARD-4, BHILWARA

The assessee has filed the appeal against the order of the Commissioner of Income Tax (Appeals) Ajmer passed u/s 143(3) and 250 of the Income Tax Act, 1961.

At the time hearing, none appeared on behalf of the assessee, whereas the assessee has submitted letter dated 29-07-2023 mentioning that the assessee has settled the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’ (VSVS2020) and filed an application under Smt Suman Devi Jain, Bhilwara - 2 - VSVS Rules 2020 and received Form.No.5. Contra, the Ld. DR has no objections.

We heard the Ld. DR submissions and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and received Form-5 from the income tax department. We are of the view that, no purpose will be served in keeping the appeal pending. Accordingly, we dismiss the appeal of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order as per provisions of Law.

In the result, the appeal filed by the assessee is dismissed.