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Income Tax Appellate Tribunal, “RANCHI BENCH, RANCHI
Before: Shri Sanjay Garg & Shri Rajesh Kumar
IN THE INCOME TAX APPELLATE TRIBUNAL “RANCHI BENCH, RANCHI VIRTUAL HEARING AT KOLKATA Before Shri Sanjay Garg, Judicial Member and Shri Rajesh Kumar, Accountant Member Assessment Year: 2003-04 Shri Basudeo Modi……...…………………………………….….…….……Appellant Prop. M/s Goyal Trading Co., Durgasthan Road, Dumka, Jharkhand-814101. [PAN: ACNPM7507K] vs. ITO, Ward-III(2), Deoghar..……………………...................……...…..…..Respondent Appearances by: Shri Devesh Poddar, AR, appeared on behalf of the appellant. Shri Pranob Kumar Koley, Sr. DR, appeared on behalf of the Respondent. Date of concluding the hearing : February 27, 2023 Date of pronouncing the order : February 27, 2023
ORDER
Per Sanjay Garg, Judicial Member:
The present appeal has been preferred by the assessee against the order dated 26.07.2017 of the Commissioner of Income Tax (Appeals), Dhanbad [hereinafter referred to as ‘CIT(A)’] passed u/s 250 of the Income Tax Act (hereinafter referred to as the ‘Act’).
The ld. Counsel for the assessee, at the outset, has submitted that the assessee has settled the matter under Vivad Se Vishwas Scheme, 2020 launched by the Department. He, therefore, wish to withdraw the aforesaid appeal. The Ld. DR has no objection if the appeal of the assessee is dismissed as withdrawn. Under the circumstances, we allow the assessee to withdraw the appeal.
Assessment Year: 2003-04 Shri Basudeo Modi 3. In the result, the appeal of the assessee is dismissed as withdrawn.