2021 (2) TMI 1172 - AT - Income Tax

Viwad Se Vishwas Scheme 2020 - HELD THAT - In view of the fact that assessee has opted for VSVS and the declaration filed by assessee has been accepted the assessee s request for withdrawal of appeal is allowed. Accordingly the appeal by assessee is dismissed as withdrawn with the liberty as prayed. Appeal by assessee is dismissed as withdrawn.

Summary

The appeal by the assessee against the order of Commissioner of Income Tax (Appeals)-58, Mumbai for the assessment year 2011-12 was dismissed as withdrawn after the assessee opted for the 'Viwad Se Vishwas Scheme, 2020' and the declaration was accepted. The appeal can be revived if the scheme does not mature.