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TMI Blog2021 (6) TMI 440X X X X Extracts X X X X X X X X Extracts X X X X ..... purpose, we dismiss the appeals filed by the assessee s as withdrawn. However, a liberty is given to the assessee s to restore the appeals, in the event of the Designated Authority, for any reason reject the application filed by the assessee under section 4 of the said Act. Appeals filed by the assessee are dismissed as withdrawn and the Miscellaneous Petitions are allowed. - I.T.A. Nos. 1924 to 1930/Chny/2013 & Misc.Petition Nos. 136 to 139 & 150 to 152/Chny/2017 (Assessment Years: 2001-02 to 2007-08) - - - Dated:- 19-4-2021 - SHRI DUVVURU RL REDDY, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER Appellant by : Mr. N.Devanathan, Advocate Respondent by : Mr. Suresh Periasamy, JCIT ORDER PER BENCH: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ounsels for the assessee s and the ld. DR and also perused the material available on record. At the time of hearing, learned counsels for the assessee s have made a statement at bar that the assessee s wants to utilize the Direct Taxes Vivad se Vishwas Scheme, 2020 to settle pending dispute relating to Direct Taxes and in this regard some of assessee s have filed form No 1 and 2 and awaiting form no. 3 from the designated authority. In some cases, the assessee s have received form no. 3 from the designated authority and in some cases, the assessee have filed letter and expressed their willingness to file form no. 1 and 2 before the designated authority. 6. The Bench has considered rival contentions of both sides and after hearing both ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ertaking and expressed their willingness to settle pending disputes regarding direct taxes, then there is no point in keeping appeal filed by the assessee s. We, further noted that recently the Hon ble Jurisdictional High Court of Madras has considered an identical application filed by an assessee in the case of M/s. Nannusamy Mohan (HUF) Vs. ACIT in T.C.A No.372 of 2020 for availing the benefit of Vivad se Vishwas Scheme, 2020 , where the Hon ble High Court has dismissed the appeal filed by the petitioner as withdrawn, but allowed liberty to the assessee to restore the appeal in the event the designated authority for any reason reject application filed by the assessee under section 4 of the Act. The relevant portions of the observations o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s a person, who files a declaration under Section 4 on or before the last date files a declaration to the designated authority in accordance with the provisions of Section 4 in respect of tax arrears, then, notwithstanding anything contained in the Income Tax Act or any other law for the time being in force, the amount payable by the declarant shall be determined in terms of Section 3(a-c) thereunder. 6. The First Proviso to Section 3 states that in case where an Appeal or Writ Petition or Special Leave Petition is filed by the Income Tax authority on any issue before the Appellate Forum, the amount payable shall be one-half of the amount in the table stipulated in Section 3 calculated on such issue, in such a manner as may be prescri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as expeditiously as possible preferably within a period of six (6) weeks from the date on which the declaration is filed in the proper form. 8. In the light of the above decision of the Hon ble High Court of Madras, and by taking note of the fact that some assessee s have already filed declaration in Form No.1 along with Form No.2 to the Designated Authority and received Form 3 and some assessee s had already filed form no. 1 2 and awaiting form no. 3 from the designated authority and also the fact that remaining assessee s are willing to file form no. 1 and 2 within the due date prescribed for this purpose, we dismiss the appeals filed by the assessee s as withdrawn. However, a liberty is given to the assessee s to restore the appe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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