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Income Tax Appellate Tribunal, DELHI BENCH “D” NEW DELHI
Before: SHRI G.S. PANNU, HON’BLE & SHRI K.N. CHARY
सुनवाईक�तारीख/ Date of hearing: 17.03.2021 17.03.2021 उ�ोषणाक�तारीख/Pronouncement on आदेश /O R D E R PER G.S. PANNU, V.P.
This appeal is filed by the assessee against the order dated 20.08.2019 passed by CIT(A)-7, New Delhi for AY 2011-12.
Before us, the Ld. DR appeared and submitted that the assessee has moved an application to resolve the pending issue through Direct Tax “Vivad se Vishwas Scheme” (VSVS) Act, 2020 and has filed Declaration Form No. 1 & 2 and received Form No. 3 (attached herewith).
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
I.T.A.No.8356/Del/2019 of the appeal and the Tribunal shall consider the same. The appeal of the assessee is dismissed.
In the result, the appeal of the assessee is dismissed.
Order pronounced in the open court in presence of Ld. DR on 17th day of March, 2021.