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Income Tax Appellate Tribunal, HYDERABAD BENCHES “A”: HYDERABAD
Before: SHRI SATBEER SINGH GODARA & LAXMI PRASAD SAHU
O R D E R PER BENCH: These appeals filed by different assessees are directed against CIT(A) - 6, Hyderabad’s separate orders, involving proceedings u/s 143(3) and 143(3) rws 147 of the Income Tax Act, 1961 ; in short “the Act”.
:- 2 -: Snehil Saraf and others.
At the outset, the ld. counsel for the assessee submitted that the assessees have 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 are placed on record and therefore, requested the Bench to permit to withdraw these appeals of the assessees.
Having regard to the facts and circumstances of the case, we are inclined to dismiss the appeals of the assessees as withdrawn since the assessees have preferred to avail the Vivad-se-Vishwas Scheme by filing Form No.1 & 2 and received Form(s)-3 in tune thereto, with a rider that it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 assessees to file for revival of these cases, if the settlement benefit under the scheme is denied to them for technical reasons.
In the result, assessees’ appeals are dismissed in above terms. Pronounced in the open court on 30th April, 2021.