SHIV SHAKTI CREATIONS PVT. LTD.,NEW DELHI vs. ITO WARD -23(2), NEW DELHI
What did the Tribunal hold?
The Tribunal noted the assessee's application to withdraw the appeal. The appeal was dismissed as withdrawn.
What were the facts?
The assessee filed an appeal against the order of the CIT(A) for AY 2007-08. The assessee subsequently sought permission to withdraw the appeal.
What were the issues?
The primary issue was the assessee's request to withdraw the appeal due to settlement under 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: SH. N. K. BILLAIYA & MS. SUCHITRA KAMBLE
PER N. K. BILLAIYA, AM:
This appeal filed by the assessee is preferred against the order of the CIT(A)-8, New Delhi dated 02.05.2019 for A.Y. 2007-08.
Vide letter dated 17.02.2021 the assessee sought permission to withdraw the appeal as the dispute has been settled under the Vivad Se Vishwas Scheme,2020.
Noting the contents of the application the appeal is dismissed as withdrawn.
Decision announced in the open court in the presence of both the representatives on 23.02.2021.
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