SHAILESH KUMAR DWIVEDI,RANCHI vs. ITO/DCIT/ACIT,CIRCLE-3, RANCHI

The assessee’s appeal for assessment year 2014-15 arises against the PCIT- Ranchi’s order dated 31/03/2019, passed in memo no. PCIT/RAN/proceeding u/s 263/ 2018-19 involving proceedings u/s 143(3) of the Income Tax Act, 1961 ( in short the ‘Act’). Heard both the parties. Case files perused.

Learned counsel for the assessee submitted that the assessee is availing the amicable settlement benefit as per the “Vivad Se Viswas Scheme, 2020” and has filed an application in this regard before the competent authority. He wanted an adjournment or in the alternative pleaded for protection that if his application under the scheme is rejected by the authorities, the appeal may be restored. Revenue is fair enough in not disputing assessee’s foregoing plea.

This assessee’s appeal is dismissed as withdrawn in above terms.