RAVI AGRAWAL,NEW DELHI vs. ITO CIRCLE-56(1), NEW DELHI

This appeal filed by the assessee is directed against the order dated 22.03.2019 of the CIT(A)-38, New Delhi, relating to Assessment Year 2014-15.

None appeared on behalf of the assessee at the time of hearing. However, an application dated 19.08.2021 has been filed by the assessee seeking withdrawal of the appeal on the ground that 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. The assessee has also obtained

In the absence of any objection from the ld. DR, the request of the assessee for withdrawal of the appeal is allowed.

However, the aforesaid is subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Scheme, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. The Revenue has no objection with regard to the aforesaid caveat.

In the result, the appeal filed by the assessee is dismissed as ‘withdrawn.’