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Income Tax Appellate Tribunal, AMRITSAR BENCH, AMRITSAR.
Before: SH. LALIET KUMAR & DR. M. L. MEENA
ORDER Per Dr. M. L. Meena, AM:
These appeals filed by the assessee and by the Revenue are directed against the order of Ld. CIT(A).
At the outset, the ld. AR of the assessee and by the Revenue has requested for withdrawal of these appeals filed by assessee and Revenue, stated that the both parties have opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the ”Vivad Se Vishwas Scheme, 2020”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.
The Ld. DR has no objection.
In view of the above, we accept the request of both the parties for withdrawal of these appeals.
In the result, the appeals filed by the assessee and the Revenue are dismissed as withdrawn.
Order pronounced in the open court on 15.07.2021