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Income Tax Appellate Tribunal, MUMBAI BENCH “SMC”, MUMBAI
Before: SHRI VIKAS AWASTHY
ORDER PER VIKAS AWASTHY, J.M: These appeals by the assessee are directed against the order of Commissioner of Income Tax (Appeals)-48, Mumbai [hereinafter referred to as आअसं. 1033 to 1035/मुं/2020 (िन.व.2004-05, 2003-04 & 2001-02) (A.Y.2004-05, 2003-04 & 2001-02) ‘the CIT(A)’] dated 15/10/2019 common for the assessment years 2004-05, 2003-04 & 2001-02.
A letter dated 30/08/2021 has been received from the Chartered Accountants of assessee stating that the assessee has opted for ‘Viwad Se Vishwas Scheme, 2020’ (in short ‘VSVS’) and hence, want to withdraw aforesaid appeals.
Ms. Smita Verma representing the Department stated that the Department has no objection if the assessee wants to withdraw appeals to avail the benefit of ‘VSVS’.
A perusal of above letter shows that the assessee’s declaration under VSVS for the impugned assessment years have been accepted and the Designated Authority has issued Form-3 for the respective impugned assessment years. In view of above, all the three appeals by assessee are dismissed as withdrawn.