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Income Tax Appellate Tribunal, CHANDIGARH BENCH ‘B, CHANDIGARH
Before: SMT.ANNAPURNA GUPTA & SHRI R.L. NEGI
Per Annapurna Gupta, Accountant Member:
The above appeal filed by the assessee is directed against the order of Learned Commissioner of Income Tax (Appeals)-43 [in short the ‘ Ld.CIT(A)], New Delhi dated 10.06.2019 relating to assessment years 2011-12.
At the outset, Ld. Counsel for the assessee has submitted that since the assessee’s application for settling the dispute under the 'Vivad Se Vishwas Scheme, 2020'(VSV) has been accepted by the Income Tax Department and Form No.3 has been issued evidencing the same, therefore, he intends to withdraw the present appeal. Separate application dated 27.02.2021 for withdrawal of the appeal has been submitted by the ld. Counsel for the assessee. The ld. DR did not object to the same.
We have perused the records and documents before us and find that the dispute in the above appeal stands settled under the VSV Scheme, which is evidenced by Form No.3 issued by the Department in this respect dated 29.01.2021. In view of the same, the assessee’s application to withdraw the appeal is accepted.
In the result, the above appeal of the assessee is hereby dismissed as 'Withdrawn'. Order pronounced on 16.03.2021.