DCIT CENTRAL CIRCLE, NOIDA vs. MACONNS INFRA PVT LTD, NEW DELHI

The present appeal filed by the Revenue for the assessment years 2014- 15 is directed against the order of Ld. CIT(A)-IV, Kanpur dated 01.10.2018.

No one appeared on behalf of the assessee at the time of hearing before us. Ld. Counsel for the assessee has requested for dismissal of Revenue’s appeal as withdrawn vide letter dated 07.09.2022 as the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. Form No.5 issued by the Department is also placed on record.

Ld. CIT DR has no objection in this regard.

In view of the above-stated facts, evidences placed on record and no objection by Ld. CIT DR, we are inclined to accept the prayer of the assessee for dismissal of the appeal as withdrawn.

In the result, the appeal of the Revenue is dismissed as withdrawn.