DCIT, INT. TAX. CIRCLE-2(2)(2), NEW DELHI vs. ORACLE AMERICA INC., USA

None appeared on behalf of the assessee at the time of Virtual Hearing before us. However, the Assessee’s Authorised Signatory vide letter dated 16.06.2021 has requested for withdrawal of the appeal filed by the assessee and dismissal of the appeal filed by the revenue and also stated that 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 in respect of both the appeals of the assessee and revenue issued by the Ld. CIT(IT), Delhi-2 on 13.2.2021 showing balance amount refundable after adjusting amount already paid, as per the Form.

Learned Senior DR has no objection.

In view of the above, we accept the request of the assessee’s A.R. for dismissal of the Revenue’s appeal and also accept the request for withdrawal of the appeal filed by the Assessee for the same assessment year i.e. 2014-15.

In the result, the appeal filed by the Revenue is dismissed having