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Income Tax Appellate Tribunal, DELHI BENCH, ‘F’: NEW DELHI
Before: SHRI KUL BHARAT & SHRI PRASHANT MAHARISHI
ORDER PER KUL BHARAT, JM This appeal filed by the assessee is directed against the order dated 14.03.2016 of the learned CIT(A)-7, New Delhi, relating to Assessment Year 2011-12.
The learned counsel for the assessee, vide its letter dated 02.08.2021, has requested for withdrawal of the appeal filed by the assessee stating that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.
Learned DR has no objection.
In view of the above, we accept the request of the assessee for withdrawal of the appeal.
In the result, the appeal of the assessee is dismissed as withdrawn.
Above decision was pronounced in the open court on conclusion of Virtual Hearing on 03.08.2021.