RUMA BANIK,AGARTALA vs. INCOME TAX OFFICER, WARD - UDAIPUR, AGARTALA

At the outset, it is noted that Shri A.K. Agarwala, FCA has filed a letter dated 15.12.2020 wherein he has brought to my notice that the assessee has opted for the Direct Tax Vivad Se Vishwas Scheme 2020 (hereinafter, the ‘scheme’) and accordingly has filed Form 1 and 2 before the competent authority as per the scheme in respect of these appeals and is awaiting From 3 from the competent authority. Taking into consideration the fact that since the assessee has opted for the ‘Vivad Se Vishwas Scheme, 2020’ for the assessment year 2014-15 & 2015-16, there is no point in keeping the aforesaid appeals pending.

In the light of the aforesaid discussion, I treat this letter of the Ld. AR of the assessee informing the Tribunal the fact that assessee has opted for the said scheme, therefore, I allow the assessee to withdraw the aforesaid appeals. In case, if the competent authority as per the scheme does not accept the assessee’s proposal to opt for the Vivad Se ITA No. 258/Gau/2017 Ruma Banik., AY 2014-15 & 2015-16 Vishwas Scheme, 2020, then the assessee is at liberty to move application for recalling this order. With the aforesaid caveat, I allow the assessee to withdraw the captioned appeals.

In the result, both the appeals of assessee are dismissed as withdrawn. Order is pronounced in the open court on 21st December, 2020.