NETAMBIT VALUE FIRST SERVICES P.LTD,NEW DELHI vs DCIT, CIRCLE-18(1), NEW DELHI

Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL

Before: SHRI G.S. PANNU BEFORE SHRI G.S. PANNU & BEFORE SHRI G.S. PANNU & SHRI AMIT SHUKLA SHRI AMIT SHUKLASHRI AMIT SHUKLA SHRI AMIT SHUKLA

For Appellant: Ms. Umang Luthra, Advocate &, Ms. Soumya Jain, CA

For Respondent: Shri. Bhagwati Charan, Senior DR

Pronounced: 03.12

PER G.S. PANNU PER G.S. PANNU, , , , VP PER G.S. PANNU PER G.S. PANNU VP VP : VP These appeals by the assessees for the assessment years 2013- 14 & 2014-16 are directed against the order of learned CIT(A), Delhi dated 28.01.2019 & 26.04.2018 respectively.

The learned counsel for the assessees, vide its letter dated 25.11.2020, received through email, has requested for withdrawals of the appeals filed by him and stated that the assessees have opted to 2 ITA-2355/Del/2019 ITA-4507/Del/2018 settle the dispute relating to the tax arrears for the assessment years under consideration under the Vivad Se Vishwas Scheme, 2020.

Learned Senior DR has no objection.

In view of the above, we accept the request of the assessee for withdrawal of the appeals.

In the result, the appeals of the assessees are dismissed as withdrawn.

Above decision was announced on conclusion of Virtual Hearing in the presence of both the parties on 03rd December, 2020.

NETAMBIT VALUE FIRST SERVICES P.LTD,NEW DELHI vs. DCIT, CIRCLE-18(1), NEW DELHI