2020 (12) TMI 976

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....s filed by the assessee against the order of the ld. CIT (Appeals) for Assessment Year 2015-16, dated 7.02.2019 wherein claim under Section 10(38) of the Income Tax Act, 1961 (the Act) of Rs. 2,22,87,246/- on account of sale of shares of M/s KAPPAC Pharma Ltd. was added under Section 68 of the Act and benefit under Section 10(38) of the Act is denied. 2. The appeal was called for hearing on 21st ....

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....et to be announced. Now despite notices the assessee is not appearing. The assessee has also disclosed his intention through his CA to settle the dispute under Vivad se Vishwas Scheme. As the assessee would like to opt for the above Scheme and to settle the impugned dispute, the appeal of the assessee is technically treated as withdrawn and dismissed. 2. Accordingly the appeal of the assessee is ....