SHRI JITENDRA KUMAR ANAND PROP. M/S ANAND CANE DECOR, 1249, NAPIER TOWN,JABALPUR vs. INCOME TAX OFFICER, WARD2(1), JABALPUR

This is an Appeal by the Assessee directed against the Order by the Commissioner of Income Tax (Appeals)-1, Jabalpur (‘CIT(A)’) dated 18/10/2017, dismissing the assessee’s appeal contesting the levy of penalty under section 271(1)(c) of the Income Tax Act, 1961 (‘the Act’) vide Order dated 20/09/2013 in respect of his assessment for assessment year 2010-11.

At the very outset, it was submitted by Sh. Modh, the ld. Counsel for the assesse-appellant, that the assessee has since opted for the ‘Vivad Se Viswas Scheme, 2019’. The prescribed certificate under The Direct Tax Vivad Se Viswas Act, 2020 (‘DTVsV Act’ hereinafter) read with the relevant Rules, has also been received (copy on record), with the assessee depositing the requisite amount thereunder with the Central Government. Under the circumstances, the assessee wishes to withdraw his appeal, which may be permitted to be.