M.AVICHY(HUF),MADURAI vs. ACIT NON CORPORATE CIRCLE-2, MADURAI

This appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals)-2, Madurai in dated 30.01.2020 for the assessment year 2010- 2011.

At the time of hearing, the learned Counsel for the Assessee has stated that the assessee wants to utilize the Direct Taxes ‘Vivad se Vishwas Scheme, 2020’ to settle pending disputes relating to Direct Taxes and in this regard the assessee has filed a letter dated 26.01.2022 requesting for withdrawal of appeal along with Form No. 3 from the Designated Authority and Form No.4 intimating the detail of payment. Therefore, once the Assessee has filed Form No.3 and expressed its willingness to settle the pending disputes regarding direct taxes, then there is no point in keeping the appeal filed by the Assessee. Hence, we are dismissing the appeal subject to liberty to the Assessee to get it recalled in case, the Assessee does not succeed in availing the scheme i.e., Vivad-Se-Vishwas Scheme 2020 for whatever reason.

In the result, the appeal filed by the Assessee is dismissed as withdrawn.