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Income Tax Appellate Tribunal, VISAKHAPATNAM BENCH, VISAKHAPATNAM
Before: SHRI N.K. CHOUDHRY, HON’BLE & SHRI D.S. SUNDER SINGH, HONBLE
Assessee by : None. Department by : Smt. Mini Chandran, Sr.DR Date of hearing : 22/04/2021. Date of pronouncement : 22/04/2021. O R D E R Per D.S. Sunder Singh, Accountant Member:
These appeals by the different Assessees are directed against the orders of the Commissioner of Income Tax(Appeals)-1, 2 (Dasari Kurma Venkata Govinda Rao & Ors.) Visakhapatnam dated 2nd January, 2015 for the Assessment Year 2007-08.
The Assessee has preferred the instant application under consideration for withdrawal of the appeals.
The Assessee vide letter dated 21/04/2021 submitted that since Assessee has availed the immunity scheme i.e. Vivad Se Vishwas under the Direct Tax Vivad se Vishwas Act, 2020 and the Income Tax Department has issued Form No.3 in response to the application filed by the Assessee under the scheme, therefore the appeal of the Assessee may kindly be allowed to be dismissed as withdrawn with liberty to seek recall of the order in case any unforeseen circumstances would arise in future.
The Ld. DR has raised no objection, if the appeal of the Assessee is allowed to be dismissed as withdrawn.
Having heard both the parties and perused the applications for withdrawal of the appeal and Forms No.3 (Copy already on record) issued by the Department on dated 19/03/2021. Considering the facts and circumstances, the appeal of Assessee is liable to be dismissed as withdrawn with liberty as prayed for in accordance with law, hence ordered accordingly.
In the result, instant appeals of the Assessee stands dismissed as withdrawn.
Order Pronounced in open Court on this 22nd day of April, 2021.