SHRI. SHARAN P KHANNA,MUMBAI vs ITO 3 (2)(2), MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCH “H” MUMBAI

Before: SHRI MANOJ KUMAR AGGARWAL & SHRI RAVISH SOODShri Sharan P. Khanna

For Appellant: Shri Divyesh Fotaria, A.R

For Respondent: Shri Sumit Kumar, D.R

Hearing: 01/04/2021Pronounced: 01/04/2021

ORDER PER RAVISH SOOD, J.M: The present appeal filed by the assessee is directed against the order passed by the CIT(A)-8, Mumbai, dated 20.05.2019 for assessment year 2014-15, which in turn arises from the assessment order passed by the A.O under Sec. 143(3), dated 22.12.2016.

The assessee vide a letter filed on 31st March, 2021 had therein stated that she had filed an application in Form No. 1 under the Direct Tax Vivad se Vishwas Act, 2020 in order to settle the aforesaid matter pending before the Tribunal. Accordingly, the assessee had requested that she may be permitted to withdraw the captioned appeal.

The ld. D.R did not controvert the aforesaid factual position as was canvassed before us.

In view of the above, we dismiss the appeal as withdrawn, subject to a rider that in the unlikely event of the matter not being resolved under the Vivad se Vishwas scheme the assessee shall have liberty to approach the Tribunal for restoration of her appeal.

SHRI. SHARAN P KHANNA,MUMBAI vs. ITO 3 (2)(2), MUMBAI