Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “E” BENCH, MUMBAI
O R D E R PER PAVAN KUMAR GADALE: This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Appeals) - 14 Mumbai, passed u/s. 143(3) and 250 of the Income Tax Act, 1961.
At the time hearing, the Ld. AR of the assessee submitted that the assessee is intend to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme. The Ld.AR has filed a letter on 10.03.2021 mentioning that Rediff.com, Mumbai the assessee is intended to settle the tax litigation by opting for ‘Vivad se Vishwas Scheme 2020’(VSVS2020) Contra, the Ld. DR has no objections.
We heard the rival submissions and perused the material on record. Since the assessee has opted for ‘Vivaad se Vishwas Scheme 2020’ and the Ld.AR has filed the letter. We are of the view that, no purpose will be served in keeping the appeal pending. Accordingly, we dismiss the appeal of the assessee as withdrawn and the assessee is given liberty to move an application u/s 254(2) of the Act to recall the present order in accordance with the provisions of law.
In the result, the appeal filed by the assessee is dismissed.