KHICHWAMAJI EXPORTERS,NEW DELHI vs. ACIT CIRCLE-34(1), NEW DELHI

Nobody appeared on behalf of the assessee at the time of virtual hearing before us. The assessee’s A.R. vide letter dated NIL has requested for withdrawal of the appeal filed by the assessee 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 for withdrawal of the aforesaid appeal.

In the result, the appeal of the assessee is dismissed as withdrawn. Above decision was pronounced in the Open Court on conclusion of Virtual Hearing on 04th March, 2021.