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Income Tax Appellate Tribunal, DELHI BENCH: ‘F’ NEW DELHI
Before: SHRI SAKTIJIT DEY & SHRI PRADIP KUMAR KEDIA
This is an appeal against order dated 29.11.2018 of learned Commissioner of Income Tax (Appeals)-14, New Delhi, pertaining to assessment year 2011-12.
We have heard the parties and perused the materials on record. As could be seen from the materials placed on record, the assessee had opted for settling the dispute arising in the present appeal under the Direct Tax Vivad Se Vishwas Act, 2020.
Accepting assessee’s declaration, the designated authority has issued Form-5 on 13th September, 2021. Thus, for all practical purposes, the dispute arising in the present appeal has been settled. Therefore, we permit the assessee to withdraw the present appeal. Accordingly, the appeal is dismissed as withdrawn.
In the result, the appeal is dismissed.
Order pronounced in the open court on 11th May, 2022