VIKRAMKUMAR RAZDAN,MUMBAI, INDIA vs. ASSESSMENT UNIT, MUMBAI
Before: SHRI NARENDER KUMAR CHOUDHRY & MS. PADMAVATHY SAssessment Year: 2020-21
Per : Narender Kumar Choudhry, Judicial Member:
This appeal has been preferred by the Assessee against the order dated 26.10.2023, impugned herein, passed by the National
Faceless Appeal Center (NFAC)/ Ld. Commissioner of Income Tax
(Appeals) (in short Ld. Commissioner) under section 250 of the Income Tax Act, 1961 (in short ‘the Act’) for the A.Y. 2020-21. Shri Vikramkumar Razdan
2
2. In the instant case, the Assessee intends to settle the dispute amicably by opting Vivad Se Vishwas Scheme, (in short “VSVS”)
2024 and in pursuance to that has filed Form no.1 on dated
25.01.2025. Therefore, the appeal of the Assessee is liable to be dismissed, however, with liberty to the parties to seek recall of this order, in case of failure of the Assessee for non settling the dispute through VSVS 2024 and/or non depositing the amount to be determined by the Revenue Authority.
In the result, the appeal filed by the Assessee is dismissed as withdrawn with liberty to the parties as mentioned above.
Order pronounced in the open court on 28.01.2025. (PADMAVATHY S) (NARENDER KUMAR CHOUDHRY)
ACCOUNTANT MEMBER JUDICIAL MEMBER
* Kishore, Sr. P.S.
Copy to: The Appellant
The Respondent
The CIT, Concerned, Mumbai
The DR Concerned Bench
////
By Order
Dy/Asstt.