ORIENT CLOTHING COMPANY PRIVATE LIMITED,NEW DELHI vs. ACIT CIRCLE-19(1), NEW DELHI

This appeal is filed by the assessee for assessment year 2011-12 against the order of the ld. Commissioner of Income Tax (Appeals)-22, [hereinafter referred to CIT (Appeals)] New Delhi, dated 30.08.2019.

The assessee through his Authorized Representative’s letter dated 28.06.2022 submitted that the assessee has opted to settle the dispute involved in the impugned appeal under The Direct Tax Vivad Se Vishwas Scheme, 2020 and has already filed Form Nos. 1 and 2 under the Scheme and also received order in Form No. 5 for full and final settlement of taxes under the said Act. Therefore, the appeal of the assessee may be allowed to be withdrawn.

On careful consideration of the fact it is found that Form No. 5 has been issued to the assessee by the Department on 24th May, 2022 under The Direct Tax Vivad Se Vishwas Act, 2020 for full and final settlement of taxes. Therefore, the appeal of the assessee for Assessment Year 2011-12 is allowed as withdrawn and hence dismissed.

In the result, appeal of the assessee is dismissed.