M/s. Integarden (India) Private Limited - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

IN THE INCOME TAX APPELLATE TRIBUNAL
“B’’ BENCH: BANGALORE
BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER
AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER

ITA No.2798/Bang/2017
Assessment Year: 2011-12

Intergarden (India) Pvt. Ltd.
No.447, Sri Sai Heights
17th Cross, 17th Main, 4th Sector
HSR Layout
Bangalore
Karnataka 560102
PAN NO : AAACI7692H
APPELLANT 

Vs.

Deputy Commissioner of
Income-tax
Circle 3(1)(1)
Bangalore
RESPONDENT

Appellant by : N O N E
Respondent by : Shri Priyadarshi Mishra, D.R.
Date of Hearing : 31.12.2020
Date of Pronouncement : 31.12.2020

O R D E R

PER B.R. BASKARAN, ACCOUNTANT MEMBER:

The assessee has filed this appeal challenging the order dated 23.10.2017 passed by Ld CIT(A)-3, Bengaluru for the assessment year 2011-12.

2. None appeared on behalf of the assessee. However, the Ld A.Rof the assessee named M/s T.R. Chadha & Co LLP, Chartered Accountants has filed a letter stating that the assessee has opted to settle the dispute in its appeal under Direct Taxes Vivad Se Vishwas  Act, 2020. It is further stated that the assessee has filed Form No.1 & 2 for the appeal filed by the assessee and it has also received FormNo.3. Accordingly it is submitted that appeal of the assessee may be dismissed as withdrawn.

3. We heard Ld D.R, who did not object to the prayer of the assessee. Since the issues contested in the appeal of the assessee have been settled under the Direct Taxes Vivad Se Vishwas Act, 2010, we dismiss the appeal of the assessee as withdrawn. However, we give liberty to the assessee to seek recall of this order in accordance with law, if the circumstances so warrant.

4. In the result, the appeal of the assessee is dismissed. Order pronounced in the open court on 31st Dec, 2020

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

Bangalore,
Dated 31st 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.