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Income Tax Appellate Tribunal, “C” BENCH, MUMBAI
Before: SHRI VIKAS AWASTHY & SHRI N.K. PRADHAN
O R D E R श्री विकास अिस्थी, न्याययक सदस्य के द्िारा PER VIKAS AWASTHY, JM: This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-55, Mumbai (in short ‘the CIT(A)’) dated 28.06.2016 for the Assessment Year 2002-03.
A request letter dated 01.12.2020 has been received from the assessee stating that the assessee company has opted for ‘Viwad Se Vishwas Scheme, 2020’ (in short ‘VSVS’) and hence, does not want to litigate further. The Relevant extract of the aforesaid letter is reproduced herein below:
In this connection, we would like to point out that we have opted for resolution of disputes under ‘the Direct Tax Vivad Se Vishwas Act, 2020’ [VsV Act”] for the year under consideration. Copies of the following documents in this connection are forwarded herewith i. Form 1 being declaration under sub-section (1) of section 4 of the VsV Act and Form 2 being undertaking referred to in sub- section (5) of section 4 VsV Act –refer “Appendix-A; and ii. Form 3 being certificate under sub-section (1) of section 5 of the VsV Act- refer “Appendix-B”.
In view of the foregoing, we hereby withdraw the current appeal before the Bench and request the Hon'ble Members to Order accordingly.