Smt.Sangeetha Agarwal - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCHES “A”, BANGALORE

Before Shri George George K, JM & Shri B.R.Baskaran, AM
ITA No.334/Bang/2018 : Asst.Year 2013-2014
ITA No.335/Bang/2018 : Asst.Year 2014-2015

Smt.Sangeetha Agarwal
C/o.S.Venkatesan & Co, CAs
31-33, II Floor, SNS Plaza
Kumarakrupa Road
Bengaluru – 560 001.
PAN : ACSPA5808L.
(Appellant) 

vs.

The Income Tax Officer
Ward 5(2)(1)
Bangalore.
(Respondent)

Appellant by : Sri.V.Srinivasan, Advocate
Respondent by : Sri.Kannan Narayan, JCIT-DR
Date of Hearing : 31.12.2020
Date of Pronouncement : 31.12.2020

O R D E R

Per George George K, JM

These appeals at the instance of the assessee are directed against orders of CIT(A), both dated 22.11.2017. The relevant assessment years are 2013-2014 and 2014-2015.

2. At the time of hearing before us, the learned Counsel for the assessee has furnished a letter dated 14th December, 2020, wherein it is stated that the assessee has opted for filing the application under Direct Tax Vivad Se Vishwas Act, for settlement of the dispute, and accordingly, prayed that the appeals may be treated as withdrawn, with liberty to apply for a recall, if Form 1 & 2 filed by the assessee are not accepted by the Department for any reason.

4. We have heard the rival submissions and perused the material on record. In view of the submission of the learned Counsel for the assessee in his letter dated 14th December, 2020, we dismissed the appeals as withdrawn. The assessee is given liberty to move appropriate application for recalling the present order in accordance with law, if the assessee intends to do so.

5. In the result, the appeals filed by the assessee are dismissed, as withdrawn.

Order pronounced on this 31st day of December, 2020.

Sd/-                                           Sd/-
(B.R.Baskaran)                       (George George K)
ACCOUNTANT MEMBER       JUDICIAL MEMBER

Bangalore; Dated : 31st December, 2020.
Devadas G*
Copy to :
1. The Appellant.
2. The Respondent.
3. The CIT(A)-5, Bangalore
4. The Pr.CIT-5, Bangalore.
5. The DR, ITAT, Bengaluru.
6. Guard File.

Asst.Registrar/ITAT, Bangalore