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Income Tax Appellate Tribunal, “B” BENCH : BANGALORE
Before: SHRI N.V. VASUDEVAN & SHRI CHANDRA POOJARI
Per N.V. Vasudevan, Vice President These appeals by two different assessees are against the separate orders dated 23.07.2018 of the CIT(Appeals)-10, Bengaluru relating to the same assessment year 2014-15.
The ld. counsel for the assessees during the course of hearing sought adjournment on the ground that assessees have opted for Vivad Se Vishwas Scheme Act, 2020 [VSVS] by filing Form 1 and Form 3 is awaited from the designated authority. The Bench pointed out that the Bangalore Benches in such cases is dismissing the appeal as withdrawn, with liberty to seek recall of the order, to which he agreed. Accordingly, the appeals are dismissed as withdrawn. However, the assessees are at liberty to seek recall of this order in the event of non-completion of formalities under the VSVS.
In the result, the appeals by the assessees are dismissed as withdrawn.
Pronounced in the open court on this 31st day of December, 2020.