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Income Tax Appellate Tribunal, DELHI BENCH: ‘C’ NEW DELHI
Before: SHRI G.S. PANNU & SHRI KUL BHARAT
This appeal by the Revenue for the assessment years 2015-16 is directed against the order of learned CIT(A)-2, New Delhi, dated 13.12.2018.
None appeared on behalf of the assessee at the time of Virtual hearing before us. The assessee, vide its letter dated 16th March, 2021, has requested for dismissal of appeal filed by the Revenue and stated that it 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 the appeal of the Revenue. It is seen that as per the Form No.3 dated 03.02.2021 issued by PCIT, Delhi-1, there is NIL amount payable/refundable to the applicant.
Learned Senior DR has no objection.
In view of the above, we accept the request of the assessee for dismissal of appeal filed by the Revenue having been infructuous.
In the result, the appeal filed by the Revenue is dismissed.
Above decision was announced on conclusion of Virtual Hearing on 15th April, 2021.