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Income Tax Appellate Tribunal, HYDERABAD BENCHES “B”: HYDERABAD
Before: SHRI SATBEER SINGH GODARA & SHRI LAXMI PRASAD SAHU
O R D E R PER BENCH: These are assessees’ appeals for AY 2015-16 directed against the CIT(A) - 1, Hyderabad’s separate orders, dated
:- 2 -: 820 & 822/Hyd/19 Shri Ajay Kumar (HUF) and others, Hyd.
22/01/2018 involving proceedings u/s 143(3) of the Income Tax Act, 1961 ; in short “the Act”.
At the outset, ld. counsel for the assessee requested the Bench for permission to withdraw assessees’ appeals as the assessees’ have opted to avail ‘Direct Tax Vivad Se Viswas Scheme-2020’ and had filed Form No. 1 & 2 and is awaiting to receive Form 3 from the revenue.
Having regard to the facts and circumstances of the case, we are inclined to dismiss the appeals of the assessees’ as withdrawn since the assessees’ have preferred to avail the Vivad-se-Vishwas Scheme by filing Form No.1 & 2 and is awaiting to receive Form-3 from the Revenue. Accordingly, we hereby dismiss the appeals of the assessees’ as withdrawn. However, we also make it clear that, if the assessees’ cases are not accepted in the Vivad- Se-Viswas scheme by the Revenue for whatsoever may be the reason, then assessee shall be at liberty to file
:- 3 -: 820 & 822/Hyd/19 Shri Ajay Kumar (HUF) and others, Hyd.
Miscellaneous Petitions before the Tribunal within the time limit prescribed under the Act to reinstate their appeals.
In the result, assessees’ appeals are dismissed in above terms. Pronounced in the open court on 24th February, 2021.