BIPS SYSTEMS LIMITED,NEW DELHI vs. ITO, WARD- 5(1), NEW DELHI

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ITA 5438/DEL/2017Status: DisposedITAT Delhi24 February 2022AY 2012-132 pages
AI SummaryWithdrawn

What did the Tribunal hold?

The tribunal noted the assessee's application to withdraw the appeal. The appeal was dismissed as withdrawn.

What were the facts?

The assessee filed an appeal before the ITAT for Assessment Year 2012-13. Subsequently, the assessee sought permission to withdraw the appeal.

What were the issues?

The primary issue was the assessee's request to withdraw the appeal due to settlement under the Vivad Se Vishwas Act, 2020.

AI-generated summary — verify with the full judgment below

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

Before: SH. N. K. BILLAIYA & SH. YOGESH KUMAR US

Hearing: 24/02/2022Pronounced: 24/02/2022

PER N. K. BILLAIYA, AM:

1.

This appeal filed by the assessee is preferred against the order of the CIT(A)-2, New Delhi dated 29.03.2017 for A.Y. 2012- 13.

2.

Vide letter dated 20.10.2021 the assessee sought permission to withdraw the appeal as the dispute has been settled under the Vivad Se Vishwas Act, 2020.

3.

Noting the contents of the application the appeal is dismissed as withdrawn.

4.

Decision announced in the open court in the presence of Ld. DR on 24.02.2022.

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