Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, DELHI BENCH ‘A’ : NEW DELHI
Before: SHRI G.S. PANNU & SHRI SUDHANSHU SRIVASTAVA
the assessment year 2004-05 are directed against the order of learned CIT(A)-7, New Delhi.
The Assessee’s A.R. vide his letter dated 21.03.2021 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.
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. 2004-05.
In the result, the appeal filed by the Revenue is dismissed having become infructuous and Assessee’s appeal is dismissed as withdrawn.
Above decision was pronounced in the presence of both the parties on conclusion of Virtual Hearing on 25th March, 2021.