Loading judgment…
No AI summary yet for this case.
आदेश/Order
PER N.K. SAINI, VICE PRESIDENT:
This is an appeal filed by the Assessee against the order of the Ld. CIT(A)-4, Ludhiana dt. 27/09/2019.
In the present case, the Assessee has furnished an application for withdrawal of this appeal stating therein as under:
Sub: Withdrawal of Appeal filed before the Hon'ble Tribunal MAY IT PLEASE YOUR HONORS 1 . This is in relation to the appeal bearing for the A.Y. 2002-03 which is listed for hearing on 19.04.2021 before A bench of this Hon'ble Tribunal 2. That the applicant has opted to settle the dispute in the said appeal and filed the application under the Vivad Se Vishwas Scheme in accordance with Direct Tax Vivaad se Vishwas Act, 2020.
3. That the applicant has received Form 3 under the Vivad Se Vishwas Scheme and the scanned copy of the same are enclosed with this application.
4. That in view of the above, the applicant wishes to withdraw the said appeal filed before the Hon'ble Tribunal. PRAYER In view of the above circumstances, it is prayed to kindly allow the withdrawal of the appeal filed by the applicant.
For this act of kindness, the applicant shall ever be grateful. Prayed Accordingly Sd/- Ind Swift Ltd.
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 since issued Form 3 bearing Certificate No. 941151300291220, 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section 5(1) of the Direct Tax Vivad se Vishwas Act, 2020, therefore the appeal of the assessee may be allowed to be withdrawn.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 DR did not object if appeal of the assessee is dismissed as withdrawn.
In view of the above the appeal of the assessee is dismissed as withdrawn.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.
(Order pronounced in the open Court on 19/04/2021 )