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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 17.12.2018 of learned Commissioner of Income-Tax (Appeals)-7, New Delhi, pertaining to assessment year 2015-16.
Learned authorized representative of the assessee has furnished letter dated 11.04.2022, seeking permission to withdraw the appeal as the dispute has been resolved 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 noticed 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 15.09.2021. A copy of Form-5 is placed on record. Thus, with the issuance of Form-5, for all practical purposes, the dispute arising in the appeal 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 Accordingly, appeal is dismissed as withdrawn.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.