Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, ‘A’ BENCH : BANGALORE
Before: SHRI. B.R. BASKARAN & SMT. BEENA PILLAI
Date of Hearing : 01-10-2020 Date of Pronouncement : 12-10-2020 ORDER PER BEENA PILLAI, JUDICIAL MEMBER Present appeal has been filed by assessee against order dated 17/09/2019 passed by Ld. CIT (A),Kalaburgi, for assessment year 2013-14.
At the outset, Ld.AR vide letter dated 10/09/2020 submitted that assessee has decided to go in for VSVS 2020. It is also submitted that, appeals filed by assesse for assessment year under consideration, may be allowed to be withdrawn with liberty. Assessee once again reiterated her submission which is sent via email dated 03/10/2020, placed on file post hearing was concluded.
Ld.Sr.DR do not object to the same.
We have perused submissions advances by both sides in light of records placed before us.
As assessee has sought for VSVS- scheme 2020, no purpose will be served in keeping the present appeal pending. Considering the situation, we dismiss the present appeal as withdrawn. However, liberty is granted to move appropriate application for recall of this order, in the event, Form 1 filed by assessee is not accepted by revenue or if the assessee opts out of the scheme. Accordingly, assessee’s appeals for year under consideration is allowed to be withdrawn with liberty. In the result, assessee’s appeals are dismissed as withdrawn. Order pronounced in the open court on 12th Oct, 2020