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Income Tax Appellate Tribunal, MUMBAI BENCH “I”, MUMBAI
Before: SHRI VIKAS AWASTHY & SHRI S.RIFAUR RAHMAN.
Assessee by : None Revenue by : Shri S.S.Iyengar सुनवाई की तारीख/ : 25/02/2021 Date of Hearing घोषणा की तारीख / : 01/03/2021 Date of Pronouncement आदेश/ ORDER PER VIKAS AWASTHY, JM:
This appeal by the assessee is directed against order of Commissioner of Income Tax (Appeals)-10, Mumbai (in short ‘the CIT(A) ) for the assessment year 2004- 05 confirming levy of penalty under section 271(1)(c) of the Income Tax Act, 1961( in short ‘the Act’).
When this appeal was taken up for hearing none had appeared on behalf of the assessee. Since it is an old appeal and none was appearing to represent the assessee in आअसं. 3296/मुं/2011 (�न.व.2004-05) (A.Y.2004-05)
the past as well, the appeal was heard with the assistance of ld. Departmental Representative. After rising of the Bench a mail dated 25/02/2021 was received from the assessee stating that the assessee has opted for ‘Viwad Se Vishwas Scheme, 2020’( in short ‘VSVS’) and hence, want to withdraw the appeal.
A perusal of above mail shows that the assessee’s declaration under VSVS for the impugned assessment year has been accepted and the Designated Authority has issued Form-3. In view of above, the appeal by assessee is dismissed as withdrawn.
The appeal by assessee is dismissed as withdrawn.
Order pronounced in the open Court on Monday, the 1st day of March, 2021.