M/S. AVADH SOLVEX PVT. LTD.,,BAHRAICH vs. THE DCIT, CIRCLE, GONDA

PER ANADEE NATH MISSHRA:A.M.

(A)
This appeal vide I.T.A. No.268/Lkw/2020 has been filed by the assessee pertaining to assessment year 2012-13 against impugned appellate order dated 28/08/2020 passed by learned Commissioner of Income Tax
(Appeals) [“CIT(A)” for short].

(B)
During the course of hearing, learned Counsel for the assessee submitted that the assessee has opted for Vivad Se Viswas Scheme-2024
and requested the Bench that since the assessee has opted for Vivad Se
Viswas Scheme-2024 (“VSVS” for short) and designated authority has issued certificate in Form-2 on 15th January, 2025, the assessee may be permitted to withdraw the present appeal. Copy of Form No. 2 was also enclosed.
Learned Departmental Representative for Revenue expressed no objection.
Appellant by Shri Rakesh Garg, Advocate
Respondent by Shri Sunil Kumar Rajwanshi,
Addl. CIT (D.R.)

I.T.A. No.268/Lkw/2020
Assessment Year:2012-13
2

In view of the foregoing, the appeal of the assessee is dismissed as withdrawn on account of assessee opting for VSVS.

(C)
By way of abundant caution, we clarify that assessee will be at liberty to approach Income Tax Appellate Tribunal for restoration of appeal if it is found that the issue in dispute in present appeal is not settled under aforesaid VSVS.

(D)
In the result, the appeal of the assessee is dismissed as withdrawn.

(Order pronounced in the open court on 07/02/2025) . .
(KUL BHARAT) (ANADEE NATH MISSHRA)
Vice President Accountant Member

Dated:07/02/2025
*Singh

Copy of the order forwarded to :

Asstt.