SUBH LUXMI SECURITIES PVT. LTD. (NOW M/S INDIAN SECURITIES LTD.),DELHI vs. ACIT, CC, PATIALA

In the present case, the ld. Counsel for the assessee has furnished an application for withdrawal of this appeal stating therein as under:

“Sub: Requests for permission to withdraw in the case of Shubh Luxmi Securities Ltd.- now M/s Indian Securities Ltd. Sir, Respectfully it is prayed that permission may kindly be granted to the appellant to withdraw the above mentioned appeal which is listed for hearing for 06/05/2021. The appellant has opted to avail the benefit of Vivad Se Vishwas Scheme and copy of Form No. 3 issued by the ld. Pr.CIT, Patiala is enclosed.

During the course of hearing the Ld. Counsel for the Assessee submitted that since the assessee has availed the immunity scheme i.e. Vivad Se Vishwas and the Income Tax Department has issued Form No. 3 bearing Certificate NO. 345896050280421 in response to the application filed by the assessee, under section 5(1) of the Direct Tax Vivad se Vishwas Act, 2020, therefore the appeal of the assessee may be allowed to be withdrawn.

The Ld. DR did not object if appeal of the assessee is dismissed as withdrawn.

In view of the above the appeal of the assessee is dismissed as withdrawn.

In the result, appeal of the assessee is dismissed.