Lalchand S Vasani, Kolkata I.T.O.,Ward-35(3), Kolkata

Last updated: 18 May 2021
Quick Summary
The Income Tax Appellate Tribunal allowed the withdrawal of an appeal filed by Lalchand S. Vasani for the assessment year 2012-13. The assessee had opted for the Direct Tax Vivad Se Vishwas Scheme, 2020, and informed the tribunal of this decision. The appeal was dismissed as withdrawn, with the option for the assessee to recall the order if the scheme application is not accepted.

Court :
ITAT Kolkata

Brief :
None appeared on behalf of the assessee. However, vide an application dated Nil, which is placed on file, the assessee has submitted that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2020 (hereinafter, the ‘scheme’) and had filed Form-1 & Form-2 before the Competent Authority and is awaiting the issue of Form No. 3 from the Competent Authority. Therefore, taking into consideration the fact that since the assessee has opted for the Scheme for the AY 2012-13, there is no point in keeping the impugned appeal pending.

Citation :
I.T.A. No. 1992/Kol/2019

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