M/S LIFE SCIENCE PVT. LTD,MUMBAI vs. DCIT 15 (1)(1), MUMBAI

These appeals are filed by the assessee against different orders of the Learned Commissioner of Income Tax (Appeals)–24, Mumbai [hereinafter in short “Ld.CIT(A)”] dated 05.10.2018 for the A.Y. 2013-14 and A.Y. 2014-15.

At the time of hearing the appeals virtually, Ld. Counsel for the assessee submitted that assessee opted for Vivad Se Vishwas Scheme and filed declaration and undertaking in Form-1 and Form-2 to settle the 2 & 990/MUM/2019 (A.Ys: 2013-14 & 2014-15) M/s. AMN Life Science Pvt. Ltd., Company litigation. Further it is submitted that accepting the declaration filed by the assessee in both these appeals Form-5 was issued by the revenue for full and final settlement of tax arrears under Vivad Se Vishwas Scheme Act, 2020. In view of the submissions and taking note of the fact that the assessee has received Form-5 from the revenue, these appeals are dismissed as withdrawn.

In the result, appeals of the assessee are dismissed as withdrawn.