Appeal dismissed by ITAT, since Krishna mutneja is interested to resolve the pending issue through Direct Tax “ Vivad se Vishwash Scheme” (VSV) Act, 2020.


Quick Summary
The Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by Krishna Mutneja for the assessment year 2011-12. This decision was made after the assessee expressed a desire to resolve the pending tax issue through the Direct Tax 'Vivad se Vishwash Scheme' (VSV) Act, 2020. The appeal is dismissed as withdrawn, with the condition that if the tax arrears are not ultimately settled under the VSV Act, the assessee can apply to have the appeal reinstated.

Court :
ITAT New Delhi

Brief :
This appeal is filed by the assessee against the order dated 20/6/2019 passed by CIT(A)-12 for Assessment Year 2011-12. 2. Before us, the assessee has moved an application dated27/12/2020, where in it is submitted that the assessee isinterested to resolve the pending issue through Direct Tax “ Vivadse Vishwash Scheme” (VSV) Act, 2020, and has filed DeclarationForm No. 1 & 2 but the authorities have not yet granted Certificate in Form No. 3.

Citation :
I.T.A. No. 6371/DEL/2019 (A.Y 2011-12)

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Published in Income Tax
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