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Income Tax Appellate Tribunal, BANGALORE BENCHES “SMC-C”, BANGALORE
Before: Shri George George K
O R D E R This appeal at the instance of the assessee is directed against CIT(A)’s order dated 30.01.2020. The relevant assessment year is 2004-2005.
At the time of hearing before me, the learned Counsel for the assessee submitted that the assessee is opting to settle the issue under Direct Taxes Vivad Se Vishwas Act, 2020. Thus, I am of the view that no purpose would be served in keeping the appeal pending, since the present appeal has to be withdrawn by the assessee, once the dispute is settled under the above said Act.
Accordingly, I dismiss the appeal of the assessee. However, liberty is given to the assessee to seek recall of this order, if it so warrants.
In the result, the appeal filed by the assessee is dismissed.