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Income Tax Appellate Tribunal, MUMBAI BENCH “SMC” MUMBAI
Before: SHRI VIKAS AWASTHY & SHRI N.K. PRADHAN
ORDER PER N.K. PRADHAN, A.M. This is an appeal filed by the assessee. The relevant assessment year is 2014-15. The appeal is directed against the order of the Commissioner of Income Tax (Appeals)-16, Mumbai [in short ‘CIT(A)’] and arises out of the assessment completed u/s 143(3) of the Income Tax Act 1961, (the ‘Act’).
The assessee/appellant has filed a letter dated 15/02/2021 before the Tribunal stating that they have received certification in Form-3 under the Vivad Se Vishwas Scheme, 2020 and paid the tax as per the certificate. 2 Eco Recycling Limited We brought to the attention of the Ld. Departmental Representative the above submission of the appellant.
The Government of India enacted the Direct Tax Vivad Se Vishwas Act, 2020 (Act No. 3 of 2020) to provide for resolution of disputed tax and for matter connected therewith or incidental thereto. The Act of the Parliament received the assent of the President on 17.03.2020 and published in the Gazette of India on 17.03.2020. In terms of the said Act, the assessee has been given an option to put an end to the tax disputes, which may be pending at different levels either before the First Appellate Authority or before the Tribunal or before the High Court or before the Supreme Court of India.
Considering the letter dated 05/03/2021 filed by the appellant, we are inclined to dismiss this appeal as withdrawn.
In the result, this appeal is dismissed as withdrawn. 4.
Order pronounced in the open Court on 09/03/2021