KUBER KHANPAN UDYOG PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 30, NEW DELHI

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ITA 583/DEL/2019Status: HeardITAT Delhi29 April 2022AY 2014-153 pages

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Income Tax Appellate Tribunal, DELHI BENCH: ‘D’ NEW DELHI

Before: SHRI G.S. PANNU, HON’BLE & SHRI SAKTIJIT DEY

Hearing: 29.04.2022Pronounced: 29.04.2022

PER SAKTIJIT DEY, JM:

This is an appeal by the assessee against order dated

21.12.2018 of learned Commissioner of Income Tax (Appeals)-30,

New Delhi, for the assessment year 2014-15.

2.

Learned counsel for the assessee, on instruction, sought

withdrawal of the present appeal as the assessee has opted for

2 ITA No. 583/Del/2019 AY: 2014-15

settling the dispute arising in the appeal under the Direct Tax

Vivad Se Vishwas Act, 2020.

3.

Learned Departmental Representative did not object to the

aforesaid request of the assessee.

4.

Having considered the submissions of the parties and

perused the materials on record, we find that the designated

authority has issued Form 5 on 01.04.2021 accepting assessee’s

declaration filed under the Direct Tax Vivad Se Vishwas Act,

2020. Thus, with the issuance of Form 5 by the designated

authority, a copy of which is placed on record, for all practical

purposes, the dispute arising in the present appeal stands

resolved.

5.

In view of the aforesaid, we permit the assessee to withdraw

the present appeal. Accordingly, the appeal is dismissed as

withdrawn.

6.

In the result, the appeal is dismissed.

Order pronounced in the open court on 29th April, 2022

Sd/- Sd/- (G.S. PANNU) (SAKTIJIT DEY) PRESIDENT JUDICIAL MEMBER

Dated: 29th April, 2022. RK/- Copy forwarded to:

3 ITA No. 583/Del/2019 AY: 2014-15

1.

Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi