Assessee Health & Glow Private Limited (Successor to Health & Glow Retailing Private Limited), Bangalore Assistant Commissioner Of Income Tax, Circle 3(1)(2), Bangalore

IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCHES “A”, BANGALORE
Before Shri Chandra Poojari, AM & Shri George George K, JM
ITA No.656/Bang/2020 : Asst.Year 2015-2016

M/s.Health & Glow Pvt. Ltd.
(Successor to Health & Glow
Retailing Private Limited)
Site No.32/5, 2nd Floor, Ganapa
Towers, Hosur Main Road, NGR
Layout, Roopena Agrahara
Bengaluru – 560 068.
PAN : AAACF4045K.
(Appellant) 

vs.

The Asst.Commissioner of
Income-tax, Circle 3(1)(2),
Bengaluru.
(Respondent)

Appellant by : Sri.Padamchand Khincha, CA
Respondent by : Sri.Kannan Narayan, JCIT-DR
Date of Hearing : 01.12.2020
Date of
Pronouncement : 01.12.2020

O R D E R

Per Chandra Poojari, AM

This appeal at the instance of the assessee is directed against CIT(A)’s order dated 23.03.2020. The relevant assessment year is 2015-2016.

2. At the time of hearing before us, the learned Counsel for the assessee has stated that the assessee has opted for filing the application under Direct Tax Vivad Se Vishwas Act, for settlement of the dispute, and accordingly, he prayed that the appeal may be adjourned.

3. The learned Departmental Representative, however, submitted that the assessee has to withdraw the pending appeal after filing Form VSV1 as per Vivad Se Vishwas Act, 2020. Thereafter, the assessee is required to furnish a copy of the same along with the proof of payment of tax as determined by the tax official to the to the Department. He submitted that Form No.3 shall be issued to the assessee in due course and accordingly he submitted that the appeal of the assessee may be dismissed as withdrawn, as the assessee in any case is required to withdraw the appeal. The learned DR further submitted that in these types of cases, the Tribunal is giving liberty to seek recall of the order if the appeal is dismissed by the Bench.

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