SUDHA AGARWAL,HARDWAR vs ITO WARD - 1(3)(3), HARDWAR

Income Tax Appellate Tribunal, DEHRADUN CIRCUIT BENCH: DEHRADUN

Before: SHRI SUDHANSHU SRIVASTAVA & SHRI PRASHANT MAHARISHI

For Appellant: Shri N. C. Uppdhay, Sr. DR

For Respondent: Shri Dhruv Monga, Adv, Shri N. C. Uppdhay, Sr. DR

Hearing: 05/03/2021Pronounced: 18/05/2021

O R D E R PER PRASHANT MAHARISHI, A. M.

This appeal is filed by the assessee against the order of the ld CIT(A), Dehradun dated 29.03.2019 for the Assessment Year 2014-15, wherein penalty levied by the ld AO u/s 271(1)(c) of the Act of Rs. 3,70,000/- is confirmed for Assessment Year 2014-15.

At the time of hearing the ld AR submitted that the petition dated 17.02.2021 for withdrawal of this appeal for the reason that the assessee has opted for settlement of the dispute by filing a declaration in Form No. 1 and 2 under Direct Taxes Vivaad se Vishwas Act, 2020 on 26.01.2021. Consequently, Form No. 3 has also been issued by the Pr. CIT, Dehradun on 09.02.2021 and therefore, the appeal of the assessee may be treated as withdrawn.

The ld DR did not object to the same.

On careful consideration of the application of the assessee it is noted that the assessee has already applied for settlement of dispute involved in this appeal by filing declaration under the Direct Taxes Vivaad se Vishwas Act, 2020 and consequently form No.3 has also been issued on 09.02.2021.

SUDHA AGARWAL,HARDWAR vs. ITO WARD - 1(3)(3), HARDWAR