ONGC VIDESH LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

ITA No. 3151/Del/2014 for Assessment Year 2007-08 is filed by the assessee against the order of the ld CIT(A)-26, New Delhi dated 25.02.2015 and ITA No. 3152/Del/2014 for Assessment Year 2008-09 is also filed by the assessee against the order of the ld CIT(A) dated 28.02.2014. 2. At the time of hearing, the assessee submitted that it has opted for settlement of the dispute under Direct Taxes Vivaad Se Vishwas Act 2020 and Form No. 3 has also been issued to the assessee and therefore, both these appeals may be treated as dismissed as withdrawn. The ld DR concurred with the same.

We have carefully considered the rival contentions and find that assessee has opted for settlement of the dispute under Direct Taxes Vivaad Se Vishwas Act 2020 for the settlement of the above dispute in both these appeals for which Form No. 3 has also been issued. In view of this both these appeals filed by the assessee are treated as dismissed as withdrawn. Order pronounced in the open court on 22/02/2021. - - (KULDIP SINGH) ACCOUNTANT MEMBER Dated: 22/02/2021 A K Keot