M/S. Eurofins Advinus Limited… vs DCIT | ITAT Bangalore 2020

Income Tax Appellate Tribunal, ‘A’ BENCH : BANGALORE

Before: SHRI. B. R. BASKARAN & SMT. BEENA PILLAI

For Appellant: Shri S Sundar Rajan, Addl. CIT

For Respondent: Shri S Sundar Rajan, Addl. CIT

ORDER PER BEENA PILLAI, JUDICIAL MEMBER Present appeal has been filed by assessee against order dated 25/09/2019 passed by Ld.CIT(A)-3, Bangaluru for assessment year 2016-17. 2. A letter has been filed with registry on 8/6/2020 stating that assessee has opted for Vivad se Vishwas Scheme, 2020. It has been submitted that assessee seeks withdrawal of the appeal.

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. We note that assessee has yet not received Form 3 from the department. Considering the situation, we dismiss the present appeal as withdrawn.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. In the result, with above liberty, we dismiss present appeal as withdrawn. Order pronounced in the open court on 6th Oct, 2020

M/S. EUROFINS ADVINUS LIMITED (FORMERLY ADVINUS THERAPEUTICS LIMITED),BENGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 6(1)(2), BANGALORE