Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “B” BENCH KOLKATA
Before: SHRI RAJPL YADAV & SHRI GIRISH AGRAWAL
O R D E R
PER GIRISH AGRAWAL, ACCOUNTANT MEMBER:
This appeal by the assessee is directed against the order of Ld. CIT-5, Kolkata vide Appeal No. 14/CIT(A)-5/CC-2(1)/16-17/Kol dated 26.07.2019 for A.Y. 2009-10 passed against the assessment order u/s 143(3)/147/263/144 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) by ITO, Ward-9(2), Kolkata dated 31.03.2014.
Shri Amit Agarwal, Advocate appeared for the assessee and Shri Sudipta Guha, CIT, 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 the department has also issued Form-5 in respect of order for full and final settlement
Yashoda Dealers Pvt. Ltd., A.Y: 2009-10 of tax arrears u/s. 5(2) read with section 6 of the Direct Tax Vivad Se Vishwas Act, 2020 (3 of 2020). Since the assessee has paid the due taxes, there is no point in keeping the impugned appeal pending. Apropos the discussion (supra) and since Shri Sudipta Guha, Sr. DR does not have any objection in withdrawing the same, we allow the assessee to withdraw the impugned appeal.