ANANDAM TRADE & CONSULTANTS LTD.(EARLIER KNOW AS KINETIC CAPITAL SERVICES LTD.),DELHI vs. ACIT,CIRCLE-14(2), NEW DELHI

This appeal by the assessee is directed against the order of learned Commissioner of Income Tax(A)-5, New Delhi dated 29.03.2019 and pertains to assessment year 2015-16.

The learned counsel for the assessee, vide his letter, has requested for withdrawal of the appeal filed by the assessee 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 Act, 2020 (in short ‘the Act').

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In the result, the appeal of the assessee is dismissed as withdrawn.