M/S SAIPEM PORTUGAL COMMERCIO MARITIMO SU LDA,,NOIDA vs. DCIT (INTL. TAXATION), DEHRADUN

This appeal is filed by the assessee against the order dated 08/07/2016 passed by CIT(A)-2, Noida for Assessment Year 2013-14.

Before us, the Ld. AR submitted that the assessee has moved an application to resolve the pending issue through Direct Tax “Vivad se Vishwash Scheme” (VSV) Act, 2020, and has filed Declaration Form No. 1 & 2.

In view of the aforesaid facts and after considering the submissions of the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of these appeal and the Tribunal shall consider the same. The appeal of the assessee is dismissed as withdrawn.

In the result, the appeal of the assessee is dismissed.