SHRI KRISHNAKUMAR JAYABAARATHI,SALEM vs. ACIT, CENTRAL CIRCLE,, SALEM

The assessee filed this appeal against the order of the Commissioner of Income Tax (Appeals)-18, Chennai in dated 13.09.2019 for the assessment year 2002-03.

At the time of hearing, None appeared for the assessee. We heard the Ld. DR. We find from the records that the assessee has submitted that it has opted for VSVS Scheme and received Form 3 on 18.02.2021, and hence pleads that the appeal may be treated as withdrawn. However, we find that the appeal is defective as the assessee failed to pay appeal fees short by Rs. 8,500/- and E-Challan was not attested. In the circumstances, when the assessee is making compliance in accordance with VSVS, we direct the AO to direct the assessee to cure the above defects and thereafter consider the compliance of VSVS. Liberty is also given to the assessee/Revenue to restore the appeal, in the event of the designated authority, for any reason reject the application filed by the assessee under section 4 of the said Act.

In the result, the appeal filed by the assessee is dismissed as withdrawn.