ACIT, CORPORATE CIRCLE - 4 (2),, CHENNAI vs. M/S. KEESARA PLASTICS PVT. LTD.,, CHENNAI

When these appeals were taken up for hearing, the learned Counsel for the Assessee has submitted that the Assessee has & 3369/Chny/2019 opted to avail the Vivad-se-Vishwas Scheme 2020 and Form No.3 was also issued. It has submitted that it may be permitted to withdraw the appeal.

On the other hand, the learned Departmental Representative has not raised any objection to the submissions of the learned Counsel for the Assessee.

We have heard both the sides, perused the materials available on record and gone through the orders of the authorities below.

In these cases, the Assessee has opted for the Vivad-se- Vishwas Scheme 2020 and the Designated Authority has issued Form No.3 for the settlement of pending tax dispute.

In view of the submissions of the Assessee, the appeals filed by the Assessee are permitted to be withdrawn. However, it is open to the Assessee to approach the Tribunal by filing an appropriate application in the event of any injustice caused to & 3369/Chny/2019 the Assessee in respect of the settlement of dispute relating to the Vivad-se-Vishwas Scheme 2020.

In the result, the appeals of the Revenue in & 3369/Chny/2019 are dismissed as withdrawn.