M/S M.K. AGGARWAL HOSIERY PVT. LTD.,LUDHIANA vs. JCIT, LUDHIANA

The Ld. Counsel for the Assessee furnished an application for withdrawal of this appeal stating therein as under:

Sub : Application for wihtdrawl of appeal for A.Y. 2009-10 - Regarding: Hon'ble Bench, Kindly refer to the above appeal fixed for 11th January, 2021. in this respect, it is submitted that the assessee company has availed the benefit of vivaad se vikas Act and has filed Form-1 and Form-2 on 26.12.2020. Further Form -3 has_ been issued to the assessee company on 31.12.2020 vide acknowledgement no. 979705520311220.

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. 979705520311220, 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section 5(1) of the Direct Tax Vivad se Vishwas Act, 2020, therefore the appeal of the assessee may be allowed to be withdrawn.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. Sr. DR did not object if appeal of the assessee is dismissed as withdrawn.

In view of the above the appeal of the assessee is dismissed as withdrawn.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