Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH: ‘C’ NEW DELHI
Before: SHRI N. K. BILLAIYA & MS SUCHITRA KAMBLE
ORDER PER SUCHITRA KAMBLE, JM
These two appeals are filed by the assessee against order dated 12/01/2017 & 26/12/2016 passed by CIT(A)- Kanpur for assessment year 2012-13 & 2011-12 respectively.
Before us, the Ld. Sr. DR appeared and submitted that the assessee has moved an application dated 15/03/2021 thereby stating that the assessee is interested 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 11.03.2021.
In view of the aforesaid facts and after considering the submissions of the assessee, we dismiss the appeal of assessee 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 appeals of the assessee are dismissed.
In the result, appeals of the assessee are dismissed.
Order pronounced in the open court in presence of Ld. DR on this 25th Day of March, 2021.