SHRI RAJINDER PAL GUPTA,PATHANKOT vs. INCOME TAX OFFICER WARD-6 (2), PATHANKOT

The present appeal is filed by the Assessee against the order dt. 31/03/2019 of the Ld. CIT(A)-2, Amritsar.

The Ld. Counsel for the Assessee furnished an application for withdrawal of this appeal stating therein as under:

That above noted appeal had been filed against imposition of Penalty u/s 271(1)(c). I have opted to avail the benefit of The Direct Tax Vivad se Vishwas Act in respect of the said penalty imposed u/s 271(1)(c) and I have already filed Declaration under that Act on 24/12/2020. In consequence thereof, the Principal Commissioner of Income Tax has already issued Form 3 for payment of disputed amount. Copy of the said Form No. 3 issued by Principal commissioner of Income Tax, is enclosed herewith.

During the course of hearing the Ld. Counsel for the Assessee submitted that since the assessee has availed the immunity scheme i.e; Vivad Se Vishwas and the Income Tax Department has since issue Form No. 3 bearing certificate no. 114703120060121, in response to the application filed by the assessee, under section 5(1) of the Direct Tax Vivad se Vishwas Act, 2020, therefore the appeal of the assessee may be allowed to be withdrawn.

The Ld. DR did not object if appeal of the assessee is dismissed as withdrawn.

In view of the above the appeal of the assessee is dismissed as withdrawn.

In the result, appeal of the assessee is dismissed.