PROMPT ENTERPRISES PVT LTD ,FARIDABAD vs. DCIT CIRCLE-20(1), NEW DELHI

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘C’ : NEW DELHI (Through Video Conferencing)

BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA Nos. 901/DEL/2018 & ITA NO. 1551/DEL/2020 Assessment Year : 2014-15 M/S PROMPT ENTERPRISES Vs. DCIT, CIRCLE 20(1), PVT. LTD., NEW DELHI H.NO. 565, SECTOR-7B, FARIDABAD HARYANA (PAN: AADCP3982G) (Appellant) (Respondent) Appellant by : None Respondent by : Sh. M. Baranwal, Sr. DR. Date of hearing : 10.02.2021 Date of pronouncement : 10.02.2021 ORDER PER G.S. PANNU, VP : These appeals by the assessee for the assessment year 2014-15 are directed against the orders of the Learned CIT(A)-XXV, New Delhi and Ld. CIT(A)-7, New Delhi.

2 ITA Nos. 901/DEL/2018 & 1551/DEL/2020 2. None appeared on behalf of the Assessee before us at the time of virtual hearing. However, the assessee vide his common letter dated 1.02.2021 has requested for withdrawal of the appeals filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment years 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. 3. Learned Senior DR has no objection. 4. In view of the above, we accept the request of the assessee for withdrawal of the aforesaid appeals. 5. In the result, both the appeals of the assessee are dismissed as withdrawn. Above decision was announced on conclusion of Virtual Hearing on 10th February, 2021. Sd/- Sd/- (K. NARASIMHA CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB Copy forwarded to: - 1. Appellant. 2. Respondent. 3. CIT 4. CIT(A) 5. DR, ITAT Assistant Registrar