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Income Tax Appellate Tribunal, JAIPUR BENCHES “A”, JAIPUR
Before: SHRI VIJAY PAL RAO, JM & SHRI VIKRAM SINGH YADAV, AM vk;dj vihy la-@ITA No. 1524/JP/2018
ORDER PER: VIJAY PAL RAO, J.M. This appeal by the assessee is directed against the order dated 10/10/2018 of ld. CIT(A), Kota for the A.Y. 2010-11 arising from the penalty order passed U/s 271(1)(c) of the Income Tax Act, 1961 (in short, the Act).
The hearing of the appeal was concluded through video conference in view of the prevailing situation of Covid-19 Pandemic. The assessee has filed an application dated 15/6/2020 whereby it is explained that the assessee has opted for Vivad Se Vishwas scheme introduced by the 2 ITA 1524/JP/2018_ Shri Parmanand Vs ACIT Government of India and therefore, the assessee does not want to pursue the present appeal and the same may be dismissed as withdrawn. Accordingly, the assessee is seeking permission to withdraw the present appeal.
The ld DR has raised no objection if the appeal of the assessee is allowed to be withdrawn in view of the fact that the assessee has already opted for Vivad Se Vishwas scheme. Therefore, in view of the fact that the assessee has already approached the department to settle the matter under Vivad Se Vishwas scheme, we permit the assessee to withdraw his appeal. Accordingly, the appeal of the assessee is dismissed as withdrawn.
In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court on 17th June, 2020.