FINE NONWOVENS INDIA PRIVATE LIMITED ,HYDERABAD vs ASST. COMMISSIONER OF INCOME TAX, WARD(TDS), HYDERABAD

Income Tax Appellate Tribunal, Hyderabad ‘ A ‘ Bench, Hyderabad

Before: Smt. P. Madhavi Devi & Shri Laxmi Prasad Sahu

For Appellant: Smt. Anam Siddiqui

Pronounced: 12/01/2021

This is assessee’s appeal for the A.Y 2013-14 against the order of the CIT (A)-8, Hyderabad, dated 18.05.2018.

At the outset, the Ld. AR submitted before us that the assessee does not want to pursue the appeal as it has already filed forms I & II under the “vivad se vishwas” scheme and its acceptance is awaited. Therefore, consequent to the same, the assessee desires to withdraw the appeal before the Tribunal. Hence it was pleaded, that the appeal of the assessee may be treated as withdrawn.

The Ld. DR conceded to the request of the Ld. AR. of 2018 Fine Nonwoven's India P Ltd Hyderabad..

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 AR, we hereby allow the appeal of the assessee to be withdrawn.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.

FINE NONWOVENS INDIA PRIVATE LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, WARD(TDS), HYDERABAD