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Income Tax Appellate Tribunal, MUMBAI BENCH “I”, MUMBAI
Before: SHRI VIKAS AWASTHY & SHRI S.RIFAUR RAHMAN.
Assessee by : Shri Raja B. Singh Revenue by : Shri Sanjay Singh सुनवाई की तारीख/ : 25/02/2021 Date of Hearing घोषणा की तारीख / : 25/02/2021 Date of Pronouncement आदेश/ ORDER PER VIKAS AWASTHY, JM:
This appeal by the assessee is directed against the Assessment Order dated 14/10/2019 passed under section 143(3) r.w.s 144C(13)of the Income Tax Act, 1961, for the assessment year 2016-17.
A letter dated 24/02/2021 has been 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.
आअसं. 7566/मुं/2019 (�न.व.2016-17) (A.Y.2016-17)
Shri Sanjay Singh, representing the Department stated that the Department has no objection if the assessee want to withdraw appeal to avail the benefit of ‘VSVS’.
A perusal of above letter 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 In view of above, the appeal by assessee is dismissed as withdrawn.
The appeal by assessee is dismissed as withdrawn.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 Thursday, the 25th day of February, 2021.