TMI Blog2021 (3) TMI 1300X X X X Extracts X X X X X X X X Extracts X X X X ..... the same. As relying on M/S. NANNUSAMY MOHAN (HUF) [ 2020 (11) TMI 484 - MADRAS HIGH COURT] as the assessee is opting for resolution of dispute under Vivad Se Vishwas Scheme in the present appeal, we treat the appeal as disposed off as withdrawn. - ITA NO. 7430/MUM/2019 - - - Dated:- 15-3-2021 - SHRI MAHAVIR SINGH, VICE PRESIDENT AND SHRI RAJESH KUMAR, ACCOUNTANT MEMBER Respondent by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on instructions, submitted that the appellant / assessee intends to avail the benefit of Vivad Se Vishwas Scheme ( VVS Scheme for brevity) and in this regard, the assessee is taking steps to file the application / declaration in Form No. I. 4. It may not be necessary for this Court to decide the Substantial Questions of Law framed for consideration on account of certain subsequent developme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... te 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 A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in respect of offence and imposition of penalty in certain cases. Section 9 of the Act deals with cases, where the Act 3 of 2020 will not be applicable. 7. As observed, the assessee is given liberty to restore this appeal in the event the ultimate decision to be taken on the declaration to be filed by the assessee under Section 4 of the said Act is not in favour of the assessee. If such a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee is opting for resolution of dispute under Vivad Se Vishwas Scheme in the present appeal, we treat the appeal as disposed off as withdrawn. 4. The assessee is given liberty for restoration of appeal in accordance with paragraph 7 of the Hon'ble High Court order as above. 5. In the result, the appeal by the assessee is disposed of by treating the same as withdrawn. Order pronounced ..... X X X X Extracts X X X X X X X X Extracts X X X X
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