3TIER R& D INDIA PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BANGALORE

This appeal by the assessee is directed against the order dated 06.03.2018 of the CIT(Appeals)-10, Bengaluru relating to assessment year 2013-14.

During the course of hearing of the appeals, the ld. counsel for the assessee sought adjournment of the appeal stating that the assessee has opted for Vivad Se Vishwas Scheme Act, 2020 [VSVS] by filing Form 1 & 2, and Form 3 is awaited by the designated authority. The Bench pointed out that the Bangalore Benches in such cases are dismissing the appeal as withdrawn, with liberty to seek recall of the order, to which he agreed. Accordingly, the appeal is dismissed as withdrawn. However, the assessee is at liberty to seek recall of this order in the event of non-receipt of Form No.3, or for any such reason under the VSVS.

In the result, the appeal by the assessee is dismissed as withdrawn.