DEPUTY COMMISSIONER OF INCOME TAX -11(2)(2), MUMBAI vs. M/S.SPH AGRO FARM & ESTATES PRIVATE LIMITED., MUMBAI

This appeal in A.Y.2009-10arises out of the order by the ld. Commissioner of Income Tax (Appeals)-18, Mumbai in appeal No.CIT(A)-18/IT-44/DC-11(2)(2)(2)/16-17 dated 15/06/2017 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) r.w.s. 147 of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 31/03/2016 by the ld. Dy. Commissioner of Income Tax- 11(2)(2), Mumbai (hereinafter referred to as ld. AO).

We find that assessee had preferred an application under direct tax “Vivad Se Viswas Scheme 2020” to settle this tax dispute for the year under consideration and had obtained Form-3 from the PCIT, Mumbai on 28/01/2021 and the Tax determined thereon amounting to Rs.75,71,272/- has been paid by the assessee on 28/10/2021. Since, the issue is completely settled under the “Vivad Se Viswas Scheme 2020 by due payment of tax thereon, the appeal of the Revenue is hereby treated as dismissed.

In the result, appeal of the Revenue is dismissed.