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Income Tax Appellate Tribunal, BANGALORE BENCHES “C”, BANGALORE
Before: Shri George George K, JM & Shri B.R.Baskaran, AM
O R D E R Per George George K, JM These appeals at the instance of the Revenue are directed against the common order of the CIT(A), dated 29.04.2015. The relevant assessment years are 2009-2010 and 2010-2011.
The assessee has filed a letter stating that he is opting to settle the issue under Direct Taxes Vivad Se Vishwas Act, 2020. Accordingly, we are of the view that no purpose would be served in keeping the appeals pending, since the present appeals has to be withdrawn by the Revenue, once the dispute is settled under the above said Act.
Accordingly, we dismiss the appeals of the Revenue. However, liberty is given to the Revenue to seek recall of this order, if it warrants so.