2021 (1) TMI 1267 - AT - Income Tax

Vivad Se Vishwas scheme 2020 - assessee requested for adjournment of the case on the ground that assessee has opted for the Vivad Se Vishwas scheme 2020 and Form No. 3 is still awaited - HELD THAT - As captioned appeal is consigned to record and treated as dismissed. However the aforesaid is subject to a caveat that in case the dispute relating tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid scheme the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. The Revenue has no objection with regard to the aforesaid caveat. Appeal of the assessee is consigned to record and for statistical purposes is treated as dismissed.

Summary

The appeal filed by the assessee against the order dated 31st July, 2017 was dismissed by ITAT Delhi for assessment year 2012-13. The assessee requested adjournment due to opting for Vivad Se Vishwas scheme 2020. The appeal can be reinstated if tax arrears dispute is not resolved under the scheme. Decision announced on 5th January, 2021.