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Income Tax Appellate Tribunal, MUMBAI BENCH “E”, MUMBAI
Before: SHRI SAKTIJIT DEY & SHRI RAJESH KUMAR
Per Rajesh Kumar, Accountant Member:
The present appeal has been preferred by the Revenue against the order dated 18.03.2019 of the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] relevant to assessment year 2010-11.
At the outset, the Ld. Counsel of the assessee brought to the notice of the Bench that the assessee has gone into Vivad Se Vishwas Scheme and form No.3 has already been issued. The Ld. A.R., therefore, prayed before the Bench that appeal may kindly be dismissed. The Ld. D.R. fairly conceded that form 3 has been issued to the assessee as a copy of the same is furnished to him.
After hearing both the sides and perusing the materials before us, we are inclined to dismiss the appeal of the revenue as the assessee has availed the Vivad Se Vishwas Scheme and form No.3 has already been issued. However the DR is at liberty to get the appeal restored in case of assessee not meeting all stipulations of Vivad Se Vishwas Scheme.
In the result, the appeal of the Revenue is dismissed.
Order pronounced in the open court on 24.06.2021.