M/S KARNATAKA JESUIT EDUACTIONAL SOCIETY ,BANGALORE vs THE ADDITIONAL DIRECTOR OF INCOME TAX (EXEMPTIONS) RANGE-17, BANGALORE

Income Tax Appellate Tribunal, “C” BENCH : BANGALORE

Before: SHRI N.V. VASUDEVAN & SHRI B R BASKARAN

For Appellant: Smt. Sheetal Borkar, Advocate

For Respondent: Shri R.K. Mishra, CIT-I(DR)(ITAT), Bengaluru

Hearing: 28.10.2020Pronounced: 28.10.2020

Per N.V. Vasudevan, Vice President These appeals are filed by the assessee against the order of CIT(Appeals)-5, Bengaluru, dated 12.3.2018 & 10.3.2018 relating to assessment years 2010-11 & 2011-12.

During the course of hearing of the appeals, the ld. counsel for the assessee sought adjournment on the ground that the assessee has opted for Vivad Se Vishwas Scheme Act (VSVS), 2020 by filing the necessary applications. The Bench pointed out that the Bangalore Benches in such cases is dismissing the appeal as withdrawn, with liberty to seek recall of the order, to which the ld. counsel for the assessee agreed. Accordingly, the appeals are dismissed as withdrawn. However, the assessee is at liberty to seek recall of this order in the event of Form No.3 not being issued by the department, or for any such reason under the VSVS.

In the result, the appeals are dismissed as withdrawn.

Pronounced in the open court on this 28th day of October, 2020.

M/S KARNATAKA JESUIT EDUACTIONAL SOCIETY ,BANGALORE vs. THE ADDITIONAL DIRECTOR OF INCOME TAX (EXEMPTIONS) RANGE-17, BANGALORE