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Income Tax Appellate Tribunal, Hyderabad ‘B’ Bench, Hyderabad
ORDER Per Smt. P. Madhavi Devi, J.M This is assessee’s appeal for the block period 1989-90 to 1999-2000 against the order of the CIT (A)-2 Hyderabad, dated 10.04.2015.
At the outset, the Ld. AR submitted before us that the assessee does not want to pursue the appeal as he has already filed forms I & II under the “Direct Tax Vivad Se Vishwas Act, 2020” scheme and assessee has also been issued Form 3 from the Pr.CIT, Hyderabad. Therefore, consequent to the same, the assessee desires to withdraw the appeal before the Tribunal. Hence it was Block period 1989-90 to 1999-2000 Sri A Sudhakar pleaded, that the appeal of the assessee may be treated as withdrawn.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 assessee and its Ld. AR, we hereby allow the appeal of the assessee to be withdrawn. We also make it clear that the assessee shall be at liberty to approach the Tribunal within the stipulated time as provided under the Act, in order to reinstate the appeal, if the application with respect to Vivad se Vishwas scheme is rejected.