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Income Tax Appellate Tribunal, DELHI BENCH ‘A’ : NEW DELHI
Before: SHRI G.S. PANNU & SHRI SUDHANSHU SRIVASTAVA
This appeal by the Revenue for the assessment year 2016-17 is directed against the order of learned CIT(A)-32, New Delhi.
The Assessee’s A.R. vide his email dated 16.03.2021 has requested for dismissal of the appeal filed by the Department and stated 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 Senior DR has no objection.
In view of the above, we accept the request of the assessee’s A.R. for dismissal of the aforesaid appeal filed by the Revenue.
In the result, the appeal of the Revenue is dismissed. Above decision was pronounced in the presence of both the parties on conclusion of Virtual Hearing on 25th March, 2021.