Appeal with CIT(A) was pending as on 31st Jan 2020 but it was dismissed by CIT (A) in October 2020. I filed FORM 1 & 2 of VSVS and got FORM 3. Now Where & with whom to file application for withdrawal of appeal of appeal as envisaged in Form 4. PLease confirm asap and oblige.

I want to settle my case under VSVS . I want to know if I settle my case under VSVS will that year income be counted as earned money of that year in my ITR?
My CA told me the income will not be generated if we settle the case under the VSVS.
Can I rectify my ITR after availing the benefit of VSVS or Should I settle the case appealing to the tribunal?

As per ITR i am suppose to get refund. but it got adjusted in the demand tax as per computation in the order u/s 143(3).
Now while filing VSV form, my disputed tax will be tax before interest less the original self assessment tax.
how should i treat the refund adjustment done by the department in the order.
Should i reduce the disputed tax to an extend of refund adjusted or is there any other treatment?
because the form 1 asks details about tax on disputed income , which is the tax before interest and after cess, less the original self assessment tax paid.
please help me as soon as possible because assessing officer has asked me to file the form in a day

The department has filed a miscellaneous applications after the case was declared in favour of assesse!
I have received the refund amount and no demand is pending !
Can we opt for the scheme for miscellaneous applications

I refer to Question 80 of FAQ wherein it is mentioned that appeal in respect to penalties which are not in relation to quantum assessment needs to be settled separately.

For one of my client, we have received penalty notice under section 271(1)(c), 271AA and 271G, here it is important to mention that penalty is only initiated and no penalty order is yet passed by the AO. Our clients are going in VsV for quantum appeal.

If our clients opt for VsV for quantum whether penalty under section 271(1)(c), 271AA and 271G which was initiated but not levied would be waived off?

I have filed the details and am awaiting issuance of Form 3 by CIT. How many days does it take for the CIT to issue form 3. Is there something that needs to be done at the assessee’s end after he has submitted the forms. The system show this message: “Awaiting Form 3 from CIT”

Dear Sir,
(NON SEARCH CASE)
Form 1 is filed with respect to Disputed Tax with CIT Appeals.
Total Demand as per Order assume Rs 100/-
out of which interest is Rs 20/-
Then , Disputed Tax is Rs 80.

We have Filled Schedule 1, where we have shown Disputed Tax of Rs 80 & Disputed Interest of Rs 20/-. Therefore, Tax payable for VSV will be Rs 80. (is this Treatment correct).

Error is showing:-
1. Fill Tax payable amount in search case payable before 31.03.2020 and after 31.03.2020. (Here , we have stated amount as 0.)
2. Other Error – Fill Schedule D. (where we have filled all as 0).
We could not detect the error.
Kindly resolve the issue as soon as possible.
Thank you in advance.

As per Q No. 25 of FAQ of 4th Dec the effect of Pending rectification can be adjusted in the disputed Tax amount. What if the rectification is rejected in case of pending rectification where there will be a reduction in Tax liability on account of the pending rectification

Dear Sir,
For filing of form 1, against the Demand raised by CPC vide Intimation U/s. 143(1)(a)(iv), which section is to be selected. Scroll down box does not includes Section 143(1).

ITAT set aside the order to AO for assessment before 31/01/2020.Can assessee avail of
VSVS.