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Income Tax Appellate Tribunal, DELHI BENCH: ‘E’ NEW DELHI
Before: SHRI G.S. PANNU & SHRI SAKTIJIT DEY
ORDER PER SAKTIJIT DEY, JUDICIAL MEMBER: This is an appeal by the assessee against order dated 20.08.2011 of learned Commissioner of Income-Tax (Appeals)-28, New Delhi, pertaining to assessment year 2014-15.
The assessee, through its director, has furnished letter dated 08.04.2022, seeking permission to withdraw the appeal, as, it has opted for settling the dispute under the Direct Tax Vivad-se-Vishwas Act, 2020.
Learned Departmental Representative has no objection to the aforesaid request of the assessee.
On perusal of material on record, it is observed that assessee has filed a declaration under the Vivad Se Vishwas Scheme, 2020 for settling the dispute arising in the appeal. Accepting assessee’s declaration, the designated authority has issued Form-5 on 02.12.2021. A copy of Form-5 is placed on record. Thus, with the issuance of Form-5, the dispute arising in the appeal for all practical purposes, stands resolved.
In view of the aforesaid, we permit the assessee to withdraw the present appeal. Accordingly, appeal is dismissed as withdrawn.
In the result, the appeal is dismissed.