M/S NCG ENTERPRISES LTD.,LUDHIANA vs. JCIT, R-7 , LUDHIANA

The present appeal has been preferred by the assessee against the order dated 27.12.2017 of the Commissioner of Income Tax (Appeals)-3, Ludhiana [hereinafter referred to as ‘CIT(A)’]

At the outset, Ld. Counsel for the assessee has submitted that since the assessee has moved an application for ‘Vivad Se Vishwas Scheme 2020’ and, therefore, he intends to withdraw the present -Chd-2018 M/s NCG Enterprises Ltd., Ludhiana 2 appeal. A separate application dated 05.08.2020 for withdrawal of the appeal has been submitted by the Ld. Authorised representative for the assessee. The Ld. DR has no objection for the said withdrawal.