Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, ‘A(SMC
Before: Shri Satbeer Singh Godara
This appeal filed by the assessee is directed against the order of ld. Commissioner of Income Tax (Appeals)-19, Kolkata dated 24.06.2019.
In this case, Shri Narayan Saraf, Director of N.S. (Fertilizers) Pvt. Limited has moved an application dated 19.03.2021 seeking withdrawal of this appeal on the ground that they have decided to settle the dispute involved in the said appeal under the Direct Tax Vivad Se Vishwas Act, 2020. The assessee has duly filed the declarations in Form No. 1 and Form No. 2 and the Designated Authority has issued the certificate in Form No. 3 as per Section 5(1) of the Scheme accepting the assessee’s declaration under the same Scheme.
Assessment Year: 2014-2015 K.N. Vyapaar Pvt. Limited (Amalgamated with N.S. Fertilizers Pvt. Limited)
Keeping in view these facts and circumstances of the case including especially the fact that the assessee has duly complied with the necessary requirements under Vivad Se Vishwas Scheme, 2020, the permission as sought by the Director of the assessee-company is granted and this appeal of the assessee is dismissed as withdrawn.
In the result, the appeal filed by the assessee is dismissed as withdrawn.
Order pronounced in the open Court on April 16, 2021.