MAHINDRA AEROSTRUCTURES PVT. LTD.,MUMBAI vs. DCIT-CIRCLE -7(1)(1), MUMBAI

The present appeal has been preferred by the assessee against the order dated 31.10.2018 of the Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] relevant to assessment year 2012-13.

The assessee has challenged the order of Ld. CIT(A) only on the ground that Ld. CIT(A) has confirmed the disallowance of Rs.99,87,783/- booked by the assessee under various heads which has been disallowed by the AO.

At the outset, the Ld. Counsel of the assessee submitted that the assessee is going in for Vivad Se Vishvas Scheme under

Since the assessee is going for Vivad Se Vishvas Scheme, 2020 the adjournment application by the assessee is rejected. Besides, we are inclined to dismiss the appeal of the assessee in view of the decision of the Hon’ble Madras High Court Nannu Samy 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 is dismissed. Order pronounced in the open court on 14.12.2020.