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Income Tax Appellate Tribunal, DELHI BENCH ‘E’, NEW DELHI
Before: SH. N. K. BILLAIYA & SH. SUDHANSHU SRIVASTAVA
This appeal by the assessee is preferred against the order of the CIT(A)-15, New Delhi dated 01.03.2017 pertaining to A.Y.2010-11.
At the very outset the counsel for the assessee drew our attention to the letter dated 04.01.2020 in which he stated that the appellant in order to buy peace and avoid litigation decided to settle the captioned appeal under the direct tax Vivaad Se Vishwas Act, 2020. The counsel pointed out that necessary declarations have already been filed with the designated authority.
On these facts the counsel sought permission to withdraw the appeal. 4. On such concession the appeal is dismissed as withdrawn with a liberty to the appellant to approach the Tribunal for the revival of the appeal if for some technical reason the dispute could not be settled under the Vivaad Se Vishwaas Act, 2020. 5. Decision announced in the open court in the presence of both the representatives on 05.01.2021.