MR JASJEET SINGH M CHADDHAH,MUMBAI vs. ACIT 26 (1)(2), MUMBAI

The assessee has filed these appeals against the different orders of the Commissioner of Income Tax (Appeals)-38, Mumbai passed u/s 271(1)(c) & u/sec 143(3) and 250 of the Income Tax Act, 1961.

At the time hearing, none appeared on behalf of the assessee and the assessee has submitted a letter on 20.09.2021 mentioning that the assessee intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’ (VSVS2020) and received Form 3 under VSVS Rules 2020. Contra, the Ld. DR has no objections.

We heard the Ld. DR and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and received Form-3 from the income tax department. We are of the view that, no purpose will be served in keeping the appeals pending. Accordingly, we dismiss the appeals of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order as per provisions of Law.

In the result, Both the appeals filed by the assessee are dismissed.