BLOOMING JEWELLERY PVT LTD,KOLKATA vs. A.C.I.T.,CIRCLE-5(2), KOLKATA

This appeal by the assessee is directed against the order of ld. CIT(A)-18, Kolkata vide ITA No. 10848/CIT(A)-18/Kol/Cir-5(2)/F.Sl. No.AT(2)178/18-19 dated 23.08.2018 for A.Y. 2009-10 passed against the assessment order u/s 147/144 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) by ACIT, Circle-5(2),Kolkata dated 22.12.2016.

At the outset, we note that none appeared on behalf of the assessee at the time of hearing before us. From the documents available in the file we note 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 of tax arrears u/s. 5(2) read with