SRI. VELLIANGIRI SHANMUGAM ,BANGALORE vs DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 5(3)(1), BANGALORE

Income Tax Appellate Tribunal, “ C” BENCH : BANGALORE

Before: SHRI N.V. VASUDEVAN & SHRI A K GARODIA

For Appellant: Smt. Geetha Rani, Advocate

For Respondent: Smt. R. Premi, JCIT, Sr.DR (ITAT), Bengaluru

Hearing: 20.10.2020Pronounced: 20.10.2020

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 16.10.2020 seeking to withdraw this appeal on the ground that the assessee has opted for Vivad Se Vishwas Scheme (VSVS), 2020 by filing the necessary Form No.1 on 20.5.2020 and Form 3 is awaited under the Scheme. Accordingly, the appeal is dismissed as withdrawn.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 20th day of October, 2020.

SRI. VELLIANGIRI SHANMUGAM ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 5(3)(1), BANGALORE