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Income Tax Appellate Tribunal, DELHI BENCH: ‘A’ NEW DELHI
Before: SHRI R. K. PANDA & SH. KULDIP SINGH
Appellant by Ms. Saloni Sheetal, CA Respondent by Sh. Om Prakash, Sr. DR Date of Hearing 27.10.2021 Date of Pronouncement 27.10.2021 ORDER
PER R. K. PANDA, AM
This appeal is filed by the Revenue against the order dated 11/03/2015 passed by CIT(A)-IV, New Delhi for assessment year 2010-11.
2. 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 and Form No. 3 is also received.
In view of the aforesaid facts and after considering the submissions of the assessee, we dismiss the appeal of Revenue 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 the appeal and the Tribunal shall consider the same. The appeal of the Revenue is dismissed.
In the result, the appeal of the Revenue is dismissed. Order pronounced in the Open Court on this 27th Day of October,, 2021 in presence of both the parties.