SIDDHARTH DILIPKUMAR MEHTA,MUMBAI vs ITO 33(3)(4), MUMBAI

Income Tax Appellate Tribunal, “G” BENCH, MUMBAI

Before: HON’BLE SHRI SAKTIJIT DEY, JM & HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM

For Appellant: Ms. Neha Paranjpe-Ld. AR

For Respondent: Shri T.S. Khalsa -Ld.DR

आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member)

Aforesaid appeal by assessee for Assessment Year 2014-15, contests the order of learned first appellate authority on certain grounds of appeal

. The assessment was framed by Ld. Assessing Officer u/s 143(3) on 26/12/2016.

2. The Ld. Counsel for assessee, at the outset, submitted that the assessee has already opted for settlement of dispute under Direct Tax Assessment Year: 2014-15 Vivad Se Vishwas Scheme (VVS Scheme), 2020 and filed requisite declarations therein. The Ld. AR also submitted that the appeal may be dismissed as withdrawn but with a liberty to assessee to seek restoration in case the aforesaid declaration is not accepted. The Ld. DR did not object to the same.

In view of foregoing, the appeal stands dismissed as withdrawn with a liberty to assessee to seek restoration of this appeal in case the aforesaid declaration filed under the scheme is not accepted, for whatever reasons. The appeal stands dismissed as withdrawn.

Order pronounced on 01st February, 2021.

SIDDHARTH DILIPKUMAR MEHTA,MUMBAI vs. ITO 33(3)(4), MUMBAI