INCOME TAX OFFICER-1(1), KANPUR vs. SHRI ABHISHEK AGARWAL, KANPUR

The assessees have moved applications, vide which it has been submitted that the Income Tax Department has passed Orders in Form No.5 under the Vivad Se Vishwas Scheme. The assessees have filed the copies of Form No.5, i.e., the orders of the PCIT-1, Kanpur for full and final settlement of tax arrears under section 5(2) read with section 6 of the DTVSVA, 2020, for Assessment Years 2010-11 and 2015-16. It was contended that since the assessees have opted for Vivad Se Viswas Scheme and tax payable on the Departmental appeals has been deposited and orders for final settlement of tax arrears have been passed by the designated authority, therefore, the appeals filed by the Department may be dismissed as withdrawn. The ld. D. R. has no objection. Accordingly, since orders have been passed by the PCIT-1, Kanpur for full and final settlement of tax arrears under section 5(2) read with section 6 of the DTVSVA, 2020, for Assessment Years 2010-11 and 2015-16, the appeals of the Department in to 87/LKO/2020 are ordered to be dismissed as withdrawn.

In the result, the appeals of the Revenue are dismissed.