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Income Tax Appellate Tribunal, DELHI BENCHES “C” : DELHI
Before: SHRI BHAVNESH SAINI & SHRI N.K. BILLAIYA
ORDER PER BHAVNESH SAINI, J.M. This appeal by Revenue has been directed against the Order of the Ld. CIT(A)-4, New Delhi, Dated 11.05.2017, for the A.Y. 2013-2014.
Learned Counsel for the Assessee at the outset submitted that assessee has opted to settle the matter in Departmental Appeal in VIVAD SE VISHWAS SCHEME
2 ITA.No.4960/Del./2017 M/s. Gates India Pvt. Ltd., New Delhi. 2020 and Form No.5 Dated 08.12.2020 have also been issued in favour of the assessee. Copy of the same is placed on record. He has, therefore, submitted that Departmental Appeal has now become infructuous.
The Ld. D.R. has no objection to the same.
Considering the above, it is clear that since Departmental Appeal is settled in VIVAD SE VISHWAS SCHEME, 2020 and tax have been paid by assessee and Form No.5 have already been issued in favour of the assessee, therefore, the Departmental Appeal has become infructuous. The same is accordingly disposed of.
In the result, Departmental Appeal disposed of.
Order pronounced in the open Court.