N. EASWARAN Vs. COMMISSIONER OF INCOME TAX, COIMBATORE

JUDGEMENT

(1.) This appeal filed by the assessee under Section 260A of the Income Tax Act, 1961 ('the Act' for brevity), is directed against the order dated 26.10.2016 passed by the Income Tax Appellate Tribunal, Chennai "A" Bench ('the Tribunal' for brevity) in I.T.A.No.2117/Mds/2016 for the Assessment Year 2012-13. The assessee has raised the following Substantial Question of Law for consideration:

(2.) We have heard Mr.Kumar, learned counsel for the appellant/ assessee and Ms.K.G.Usha Rani, learned Standing Counsel for the respondent/ Revenue.

(3.) It may not be necessary for this Court to decide the Substantial Questions of Law framed for consideration on account of certain subsequent developments. The Government of India enacted the Direct Tax Vivad Se Vishwas Act, 2020 (Act 3 of 2020) to provide for resolution of disputed tax and for matters connected therewith or incidental thereto. The Act of the Parliament received the assent of the President on 17th March 2020 and published in the Gazette of India on 17th March 2020.