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Income Tax Appellate Tribunal, DELHI BENCH: ‘I-1’ NEW DELHI
Before: MS SUCHITRA KAMBLE & DR. B. R. R. KUMAR
ORDER PER SUCHITRA KAMBLE, JM
This appeal is filed by the assessee against the assessment order dated 27.01.2016 passed by Dy. Commissioner of Income Tax Circle 2(1), New Delhi i.e. Assessing Officer for assessment year 2011-12.
Before us, the Ld. AR submitted that the assessee has moved an application dated 16.08.2021 to resolve the pending issue through Direct Tax “Vivad se Vishwas Scheme” (VSV) Act, 2020, and has filed Declaration Form No. 1 & 2 and received Form No. 3 dated 19/04/2021.
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view of the aforesaid facts and after considering the submissions of the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid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 the appeal and the Tribunal shall consider the same. The appeal of the assessee is dismissed as withdrawn.
In the result, appeal of the assessee is dismissed.
Order pronounced in the Open Court on this 17th Day of August, 2021 in presence of both the parties.