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Income Tax Appellate Tribunal, DELHI BENCH D: NEW DELHI
Before: SHRI G.S. PANNU & SHRI K. NARASIMHA CHARY
ORDER PER G.S. PANNU, VP :
This appeal by the Revenue for the assessment year 2014-15 is directed against the order of learned CIT(A)-3, New Delhi dated 15.11.2019.
The learned counsel for the assessee, vide its letter dated 03.03.2021 has requested for withdrawal of the appeal filed by the Revenue and stated that the assessee has opted to settle the dispute relating to the tax arrears for 2 ITA-597/Del/2020 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.
In the result, the appeal of the Revenue is dismissed.
Above decision was pronounced in the open court in the presence of both the parties on conclusion of Virtual Hearing on 17th March, 2021.