SANJAY KARIWALA,NEW DELHI vs. ITO WARD- 29(2), NEW DELHI
In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.
What did the Tribunal hold?
The tribunal granted the assessee's request to withdraw the appeal. The matter had been settled under the Vivad se Vishwas Scheme, 2020.
What were the facts?
The assessee filed an appeal against the order of the CIT(Appeals) for AY 2015-16. The assessee later sought permission to withdraw the appeal.
What were the issues?
The primary issue was the withdrawal of the appeal by the assessee due to settlement under the Vivad se Vishwas Scheme.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH “G” NEW DELHI
Before: SHRI TARVINDER SINGH KAPOOR & SHRI CHANDRA MOHAN GARG
आदेश /O R D E R PER C.M. GARG, J.M.
This appeal by assessee has been directed against the order of Ld. CIT(Appeals)-XXV, New Delhi dated 08.11.2019 for AY 2015-16.
Ld. Counsel for Assessee through letter dated 21.02.2022 seeks permission to withdraw the appeal as the matter in issue has been settled in Vivad se Vishwas Scheme, 2020 and Form No. 5 has already
I.T.A.No.9743/Del/2019 been issued accepting the declaration filed by the assessee for full and final settlement of tax arrears.
In view of the above, appeal of assessee is dismissed as withdrawn.
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