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Income Tax Appellate Tribunal, AHMEDABAD “SMC” BENCH, AHMEDABAD
Before: SHRI WASEEM AHMED & Ms. SUCHITRA KAMBLE
PER SUCHITRA KAMBLE, JUDICIAL MEMBER :
This appeal is filed by the assessee against the order dated 16.03.2018 passed by the CIT(A)-2, Ahmedabad for the Assessment Year 2014-15.
We have heard the Learned Representatives of both the parties through video conferencing. Ld. Counsel for the assessee, at the outset, submitted that the assessee has opted to avail the benefits of “Vivad Se Vishwas Scheme, 2020” and has placed on record copy of the Form No.3 issued by the Designated Authority under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020. An application dated 14.09.2021 requesting for withdrawal of appeal under the said Scheme is also placed on record.
Page 2 of 2 3. The Ld. DR submitted that he has no objection to the withdrawal of appeal in the circumstances narrated on behalf of the assessee.
We have considered the submissions and application of the assessee for withdrawal of the appeal under the Scheme “Vivad se Vishwas”. In the light of aforesaid request made by the assessee, the appeal of the assessee is dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of Vivad se Vishwas Scheme for any bonafide reasons, then the assessee will be at liberty to seek restoration of original appeal for hearing before ITAT in accordance with law.
In the result, the appeal of the assessee is dismissed as withdrawn. Order Pronounced in the open Court on this 1st day of December, 2021.