SWARO vs. KI INDIA PVT. LTD.,NEW DELHIVS.ADDL. CIT, NEW DELHI

The above appeal by the assessee is preferred against the order of the Commissioner of Income Tax (Appeals)-XX, New Delhi dated 08.08.2014 pertaining to Assessment Year 2002-03.

Before us, assessee has moved an application dated 7th December 2020 wherein the assessee has stated that it has opted for Vivad Se Vishwas (VSV) 2020 and has filed the declaration

After considering the request made by the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. With these directions the appeal of the assessee is dismissed as withdrawn.