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Income Tax Appellate Tribunal, HYDERABAD ‘ B ‘ BENCH, HYDERABAD.
Before: SHRI S.S. GODARA & SHRI L. P. SAHU
O R D E R Per Bench : These two assessee’s appeals for Asst. Years 2015-16 & 2016-17 arise from the Commissioner of Income Tax (Appeals)-7, Hyderabad’s orders both dt.26.02.2019 passed in case No.0197/CIT(A)-7/2017- 18 and 0147/CIT(A)-7/2018-19; respectively in Heard both the parties. Case files perused.
At the outset, the ld. authorized representative of the assessees submitted that the assessees do not want to pursue the appeals as they have 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 appeals before the Tribunal. Hence it was pleaded, that the appeals of the assessees may be treated as withdrawn.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 assessees and their Ld. AR, we hereby allow the appeals of the assessees to be withdrawn. We also make it clear that the assessees shall be at liberty to approach the Tribunal within the stipulated time as provided under the Act, in order to reinstate the
In the result, appeals of assessees are dismissed as withdrawn.