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Income Tax Appellate Tribunal, DELHI BENCH “D”: NEW DELHI
Before: SHRI BHAVNESH SAINI & SHRI PRASHANT MAHARISHI
O R D E R PER PRASHANT MAHARISHI, A. M.
This appeal is filed by the assessee against the order of the ld CIT(A)-5, Delhi dated 21.07.2016 for the Assessment Year 2007-08.
At the time of hearing the ld AR of the assessee submitted that the assessee has opted for settlement of the dispute involved in this appeal under Direct Taxes Vivaad Se Vishwas Act, 2020. He further submitted that Form No. 3 has been issued on 25.12.2020 to the assessee. He therefore, submitted that the appeal of the assessee may be treated as withdrawn.
The ld DR did not raise any objections.
We have carefully considered the rival contentions and perused Form No. 3 issued by the Pr. CIT, Delhi-4 dated 25.12.2020 wherein, the issue involved in is proposed to be settled. The Form No. 3 is also specified the amount payable by the assessee. In view of the above facts the appeal filed by the assessee is dismissed as the assessee has requested for withdrawal of the same. Page | 1