M/s Health and Glow Private Limited , Bangalore Deputy Commissioner of Income Tax Circle-1(1) (Intl Taxn) , Bangalore

IN THE INCOME TAX APPELLATE TRIBUNAL
“C’’ BENCH: BANGALORE

BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER
AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER

ITA No.2899/Bang/2018
Assessment Year: 2010-11

M/s. Health and Glow Pvt. Ltd.
(Formerly known as Foodworld
Supermarkets Ltd.)
No.32/5, 2nd Floor, Ganapa Towers
NGR Layout, Roopena Agrahara
Bommanahalli
Bangalore-560 068
PAN NO : AAACF4045K
APPELLANT 

Vs.

Deputy Commissioner of
Income-tax
Circle-1(1), (Intl.Taxn)
Bangalore
RESPONDENT

Appellant by : Shri B. Sudheendra, A.R.
Respondent by : Shri K.V. Arvind & Shri Dilip.
Standing Counsels for Dept.

Date of Hearing : 16.12.2020
Date of Pronouncement : 16.12.2020

O R D E R

PER B.R. BASKARAN, ACCOUNTANT MEMBER:

The assessee has filed this appeal challenging the order dated 13-08-2018 passed by Ld CIT(A)-12, Bengaluru and it relates to the assessment year 2010-11.

2. The Ld Counsel appearing for the assessee submitted that the assessee has opted to settle the dispute under Direct Tax Vivad Se Vishwas Act for settlement of the dispute. He submitted that the assessee has filed relevant forms 1 & 2 before the designatedauthority and is awaiting certificate in Form No.3. Accordingly, the Ld A.R sought adjournment of the case. The Ld A.R also submitted that the Bangalore benches of the Tribunal are dismissing the appealin such cases with the liberty to seek recall of the order, if something goes wrong.

3. We heard Ld D.R. Since the assessee has opted to settle the dispute under Direct Tax Vivad Se Vishwas Act, 2020, the appellant would be moving application for withdrawing the present appeal filedbefore the Tribunal in due course. Hence, we are of the view that no purpose will be served in keeping this appeal pending. Accordingly we dismiss the appeal of the assessee as withdrawn. However, theassessee is given liberty to move appropriate application for recall ofthe present order in accordance with the law, if the assessee intends to do so.

4. In the result, the appeal of the assessee is dismissed as
withdrawn.

Order pronounced in the open court on 16th Dec, 2020

Sd/-                                                 Sd/-
(George George K.)                     (B.R. Baskaran)
Judicial Member                           Accountant Member

Bangalore,
Dated 16th Dec, 2020.
VG/SPS

Copy to:
1. The Applicant
2. The Respondent
3. The CIT
4. The CIT(A)
5. The DR, ITAT, Bangalore.
6. Guard file

By order
Asst. Registrar, ITAT, Bangalore.