CLITORIA VANIJYA PVT. LTD.,NEW DELHI vs. CIT-1, KOLKATA

This appeal by the assessee is directed against the order of ld. CIT-1, Kolkata dated 11.03.2013 for A.Y. 2008-09 passed u/s. 263 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’).

Shri Chirag Desai, AR appeared for the assessee and Smt. Ranu Biswas, Sr. DR appeared on behalf of the revenue.

At the time of hearing Ld. AR of the assessee submitted that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2020 (hereinafter, the ‘scheme’) and had filed Form no. 1 and Form no. 2 before the Competent Authority and the Competent Authority had accepted it and had issued Form-3. Thereafter the assessee has remitted the tax as per Form 3 and filed form no. 4 and is expecting Form 5 from the competent authority. Since the assessee-respondent