DY CIT, CC-2(3), MUMBAI vs. AVINASH NIVRUTTI BHOSALE, MUMBAI

This appeal in for A.Y.2014-15 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-48, Mumbai in appeal No.CIT(A)-48/IT-79/DCCC-2(3)/2019-20 dated 25/01/2021 (ld. CIT(A) in short) against the order of assessment passed u/s. 153A r.w.s. 143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 29/05/2019 by the ld. Dy. Commissioner of Income Tax, Central Circle- 2(3), 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-5 from the designated authority thereon, copy of which was enclosed alongwith the letter. Ld. DR also agreed that the Form -5 has been received from assessee. In view of this, we hereby dismiss the appeal pending before us.

In the result, appeal of the Revenue is dismissed as withdrawn.