SH. VAIBHAV JAIN,LUDHIANA vs. ITO, W-7(5), LUDHIANA

By the present appeal, the assessee assails the correctness of the order dated 13.06.2019 of CIT(A)-3, Ludhiana pertaining to 2014-15 assessment year on various grounds.

However at the time of hearing, ld. AR relying upon the application dated 30.11.2020 prays for a withdrawal of the appeal filed on the grounds that the assessee has moved an application under “The Direct Tax Vivad Se Vishwas Scheme,2020” and has settled the dispute by making the necessary payments which have been accepted. The department, it was submitted, has consequently issued Form No. 3 thereafter to the assessee, copy of which is filed.

The ld. Sr.DR Shri Ashok Khanna on a perusal of record had no objection to the prayer of the assessee.

I have heard the submissions and perused the material on record. In the aforementioned peculiar facts and circumstances considering the record and the submissions, the appeal of the assessee is dismissed as withdrawn. Said order was pronounced at the time of virtual hearing itself in the presence of the parties via Webex.

In the result, the appeal of the assessee is dismissed as withdrawn.