DEPUTY COMMISSIONER OF INCOME TAX -4(3)(2), MUMBAI vs VALUE ADDED FASHION FABRICS PRIVATE LIMITED, MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCH “F”, MUMBAI

Before: SHRI RAJESH KUMAR & SHRI AMARJIT SINGH

For Appellant: Shri Ryan, A.R

For Respondent: Shri S.N. Kabra, D.R

Hearing: 12.10.2021Pronounced: 11.11.2021

Per Rajesh Kumar, Accountant Member:

The present appeal has been preferred by the Revenue against the order dated 04.09.2017 of the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] relevant to assessment year 2012-13.

At the outset, the Ld. D.R. brought to the notice of the Bench that the assessee has gone into Vivad Se Vishwas Scheme and also submitted that form No.3 which has already been issued. The Ld. D.R., therefore, prayed before the Bench that appeal may kindly be allowed to be withdrawn.

Accordingly, we are inclined to dismiss the appeal of the Revenue.

In the result, the appeal of the Revenue is dismissed as withdrawn.

Order pronounced in the open court on 11.11.2021.

DEPUTY COMMISSIONER OF INCOME TAX -4(3)(2), MUMBAI vs. VALUE ADDED FASHION FABRICS PRIVATE LIMITED, MUMBAI