TAARUN AGGARWAL,NEW DELHI vs. ITO, WARD-59(4), NEW DELHI
In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.
What did the Tribunal hold?
The Tribunal allowed the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn.
What were the facts?
The assessee filed an appeal against an order of the CIT(A) for AY 2014-15. The assessee later sought to withdraw the appeal.
What were the issues?
Whether the assessee can withdraw an appeal filed before the ITAT due to opting for the Vivad Se Vishwas Scheme.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH : SMC-2 : NEW DELHI
Before: SHRI R.K. PANDA
ORDER
PER R.K. PANDA, AM:
This appeal filed by the assessee is directed against the order dated 17.12.2018 of the CIT(A)-37, New Delhi, relating to the assessment year 2014-15. 0 2. The ld. Counsel for the assessee filed an application seeking withdrawal of the appeal on the ground 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. The assessee has also obtained Form No.3. It is accordingly requested in the application that this appeal may be allowed to be withdrawn.
In the absence of any objection from the ld. DR, the request of the assessee for withdrawal of the appeal is allowed. Accordingly, the appeal filed by the assessee is dismissed.
In the result, the appeal filed by the assessee is dismissed as withdrawn.
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