SATISH KUMAR HUF,NEW DELHI vs. ITO WARD - 42(2), NEW DELHI
What did the Tribunal hold?
The tribunal considered the assessee's application for withdrawal. The appeal was dismissed as withdrawn by the tribunal.
What were the facts?
The assessee filed an appeal against the CIT(A) order for AY 2015-16. The assessee later moved an application to withdraw the appeal.
What were the issues?
The primary issue was whether the assessee's appeal should be withdrawn due to settlement under the VSV scheme 2020.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH ‘G’, NEW DELHI
Before: SH. N. K. BILLAIYA & SH. ANUBHAV SHARMA
This appeal by the assessee is preferred against the order of the CIT(A)-14, New Delhi dated 10.01.2020 pertaining to A.Y.2015-16. 2. At the very outset the assessee moved an application electronically dated 20.12.2022 stating that the disputed demand has been settled under the VSV scheme 2020, hence, he should be allowed to withdraw the appeal.
Considering the facts the appeal is dismissed as withdrawn.
Decision announced in the open court on 11.01.2023.
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