NUOVO PIGNONE INTERNATIONAL SRL ,GURGAON vs DCIT (INTERNATIONAL TAXATION), CIRCLE-1(3)(1), NEW DELHI

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

Before: SH. ANIL CHATURVEDI & SH. ANUBHAV SHARMA

For Appellant: Ms. Disha Jham, Adv

For Respondent: Ms. Anupama Anand, CIT-DR

Hearing: 05.04.2022Pronounced: 05.04.2022

This appeal filed by the assessee is directed against the order of the Commissioner of Income Tax, Income-tax Department, New Delhi under section 144C(5) of the Income Tax Act pursuant to the direction of Dispute Resolution Panel (DRP) – 1, New Delhi order dated 31.07.2017 for Assessment Year 2014- 15.

Before us, the Learned Counsel has moved an application dated 05.04.2022 wherein it is stated that the assessee has settled the matter under Vivad Se Vishwas (VSV) and therefore the appeal be treated as withdrawn,, to which the Revenue has no objection.

After considering the request made, we dismiss the appeal of assessee as withdrawn. Thus the appeal of the assessee is dismissed as withdrawn.

In the result, appeal of the assessee is dismissed.

Order pronounced in the open court on 05.04.2022, immediately after conclusion of the hearing of the matter in virtual mode.

NUOVO PIGNONE INTERNATIONAL SRL ,GURGAON vs. DCIT (INTERNATIONAL TAXATION), CIRCLE-1(3)(1), NEW DELHI