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Income Tax Appellate Tribunal, “A” BENCH, MUMBAI
Before: SHRI SHAMIM YAHYA & SHRI PAVAN KUMAR GADALE
PER PAVAN KUMAR GADALE JM: These two appeals are filed by the assessee against the order of (i) The Commissioner of Income Tax (Appeals) - 18, Mumbai u/sec143(3) and 250 of the Act and (ii) Assessment order u/sec143(3 )r.w.s254 r.w.s 144C(13) of the Income Tax Act, 1961.
At the time hearing, none appeared on behalf of the assessee. The assessee has filed a letter dated 17-02- 2021 mentioning that the assessee is intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’(VSVS2020) and filed an application in Form No. 1 & 2 under VSVS Rules 2020. Contra, the Ld. DR has no objections.
We heard the Ld.DR and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and has filed a letter dt 17-02- 2021 mentioning that the assessee has applied under VSVS 2020 and has received Form-3 from the Income Tax Department. We are of the view that, no purpose will be served in keeping the appeals pending. Accordingly, we dismiss the appeals of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order as per provisions of Law.
M/s. Anheuser Busch Inbev India Ltd., - 3 -
In the result, both the appeals filed by the assessee are dismissed.