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Income Tax Appellate Tribunal, “ C” BENCH : BANGALORE
Before: SHRI N.V. VASUDEVAN & SHRI A K GARODIA
Per N.V. Vasudevan, Vice President
This appeal is filed by the assessee against the order of CIT(Appeals)-5, Bengaluru, relating to assessment year 2015-16.
The assessee has filed a Memo dated 15.10.2020 seeking adjournment on the ground that the assessee has opted for Vivad Se Vishwas Scheme Act (VSVS), 2020 by filing the necessary Form No.1 & 2 on 5.5.2020. It is also stated that the pending appeal is deemed to have been withdrawn on issue of Form 3 by the designated authority, but Form 3 is awaited under the Scheme. The Bench pointed out that the Bangalore Benches in such cases is dismissing the appeal as withdrawn, with liberty to seek recall of the order, to which the ld.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 Accordingly, the appeal is dismissed as withdrawn.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 appeal is dismissed.
Pronounced in the open court on this 23rd day of October, 2020.