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Income Tax Appellate Tribunal, DELHI BENCH ‘ C’ NEW DLEHI
Before: SHRI G.S. PANNU, VICE- & SHRI K. NARASIMHA CHARY
PER G.S. PANNU, V.P. This appeal by the assessee for the assessment year 2016-17 is directed against the order of Ld. CIT(A)-40, New Delhi dated 28.11.2019.
The learned counsel for the assessee, vide its letter dated 22.01.2021, has requested for withdrawal of the appeal filed by him 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 appeal.
In the result, the appeal of the assessee is dismissed as withdrawn.