META COPPER AND ALLOYS LTD,MUMBAI vs. DCIT RG 3(2), MUMBAI

The present appeal has been preferred by the assessee against the order dated 02.07.2012 of the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] relevant to assessment year 2007-08.

At the outset, the Ld. Counsel of the assessee submitted that the assessee has gone into for Vivad Se Vishvas Scheme under the Direct Tax Vivad Se Viswas Scheme 2020, therefore, the case may kindly be adjourned.

Since the assessee has gone into for Vivad Se Viswas Scheme 2020, the adjournment application by the assessee is 2 M/s. Copper And Alloys Ltd. rejected. Besides, we are inclined to dismiss the appeal of the assessee in view of the decision of the Hon’ble Madras High Court Nannusamy Mohan (HUF) vs. ACIT TCA No.372 of 2020 with the liberty to assessee to get this appeal recalled in case assessee does not succeed in VSVS 2020. Accordingly, the appeal of the assessee is dismissed.