WYETH PHARMACEUTICALS INDIA P. LTD,MUMBAI vs. ITO 14 (3)(3), MUMBAI

O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year 2014-15, contests the order of learned first appellate authority on certain grounds of appeal

2. The assessee, vide e-mail dated 05/01/2021, expressed intention to opt for Direct Tax Vivad Se Vishwas Scheme (VVS Scheme) 2020, for this year. The ld. DR submitted that the appeal may be dismissed for the aforesaid reason.

2 Wyeth Pharmaceuticals India P. Ltd. Assessment Year: 2014-15 3. Keeping in view the contents of e-mail, since the assessee is settling the dispute under Direct Tax Vivad Se Vishwas Scheme (VVS Scheme), 2020, we are inclined to dismiss the appeal for the time being with a liberty to the assessee to seek restoration of appeal in case declaration filed under the scheme is not accepted for whatever reasons. 4. The appeal stands dismissed in terms of our above order.