DCIT,, NEW DELHI vs. M/S NPG IMPEX PVT. LTD.,, DELHI

Before us, the assessee has moved an application dated 07.12.2021 wherein the assessee has stated that in respect of the dispute in question, the assessee i.e. respondent has opted for settlement under THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 and had already paid due tax as per scheme and Form – 4 was consequently filed on 19.03.2021. It was further submitted that inconsequent thereof, the order under Form – 5 from Hon’ble Pr. CIT as order for full and final settlement of tax arrears under section 5(2) r.w.s 6 of the Direct Tax Vivad se Vishwas Act, 2020 (3 of 2020) & the Direct Tax Vivad se Vishwas Rules, 2020 was issued on 08.11.2021 vide acknowledgement no.794937471081121. The copy of which has already been placed on record.

After having gone through the request of the assessee and keeping in view the no objection of the Revenue, we dismiss the appeal of the Revenue as infructuous.

In the result, appeal of the Revenue is dismissed as infructuous.