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Income Tax Appellate Tribunal, Hyderabad ‘ A ‘ Bench, Hyderabad
Before: Shri A. Mohan Alankamony & Shri S.S. Godara
O R D E R Per S.S. Godara, J.M. This assessee’s appeal for A.Y 2014-15 arises from the Commissioner of Income Tax (Appeals) – 8, Hyderabad’s order dated 16.02.2018, in case No.10260/CIT(A)-8/Hyd/2017-18 involving proceedings under section 143(3) of Income Tax Act, 1961 (in short, “the Act”).
Heard both parties. Case file perused.
At the outset, the ld. authorized representative of the assessee submitted that the assessees does not want to pursue the appeal as he has already filed forms I & II under the ‘Direct Tax Vivad Se Viswas Scheme, 2020’ and received Form 3 from the department. Therefore, consequent to the same, the assessees desires to withdraw the appeal before the Tribunal. Hence it was pleaded, that the appeal of the assessee may be treated as withdrawn.
The ld. DR conceded to the request of the Ld. AR.
After hearing both the parties, according to the request of the assessee and their Ld. AR, we hereby allow the appeal of the assessees to be withdrawn. We also make it clear that the assessee shall be at liberty to approach the Tribunal within the stipulated time as provided under the Act, in order to reinstate the appeal, if his application with respect to Vivad Se Vishwas Scheme is rejected.
This appeal is dismissed as withdrawn in above terms.