LATE SHRI ANAND PRABHAKARAN NAIR THROUGH LEGAL HEIR DR, CHAMPAVATI PRABHAKARAN ,MUMBAI vs. DY CIT CC 1 (1), MUMBAI

These appeals in 8032/Mum/2019 for A.Y.2014-15 & 2015-16 arise out of the order by the ld. Commissioner of 8032/Mum/2019 Late Shri Anand Prabhakaran Nair Through Legal Heir Dr. Champavati Prabhakaran Income Tax (Appeals)-47, Mumbai in appeal No.CIT(A)-47, Mumbai/12912/2016-17, CIT(A)47/Mum/10189/2017-18 respectively dated 10/10/2019 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 27/12/2016 & 22/12/2017 respectively by the ld. Dy. Commissioner of Income Tax, Central Circle 1(1), Mumbai (hereinafter referred to as ld. AO).

We find that the ld. AR filed a letters dated 29/01/2021 & 02/02/2021 respectively mentioning that assessee had preferred an application under direct tax “Vivad Se Viswas Scheme 2020” to settle this tax dispute for the year under consideration and had obtained Form-3 from the designated authority thereon, copy of which was enclosed alongwith this letter.

In view of this, we hereby treat the appeal pending before us as dismissed and withdrawn with a liberty given to the assessee to get the appeal restored in the event that assessee’s declaration made under “Vivad Se Viswas Scheme 2020” is declared bad in law in future for any reason whatsoever.

In the result, appeals of the assessee are dismissed.