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Income Tax Appellate Tribunal, DELHI BENCH “I-2”: NEW DELHI
Before: SHRI R.K. PANDA & SHRI KULDIP SINGH
years 2008-09 and 2009-10 respectively. For the sake of convenience both these appeals were heard together and are being disposed of by this common order.
The Ld. Counsel for the assessee, at the time of hearing filed an application seeking adjournment of the case on the ground that the assessee has opted to settle the dispute relating to the tax arrears for the assessment years under consideration under the Vivad Se Vishwas Scheme, 2020 and has filed necessary Form 1 & 2 with the Tax department.
Considering the aforesaid situation, the adjournment application is rejected and the captioned appeals are consigned to records and treated as dismissed.
However, the aforesaid is subject to a caveat that in case the dispute relating tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid scheme, the appellant shall be at liberty to approach the Tribunal for reinstitution of the appeals and the Tribunal shall consider such application appropriately as per law. The Revenue has no objection with regard to the aforesaid caveat.
In view of the aforesaid, the appeals of the assessee are consigned to record and for statistical purposes are treated as dismissed.