M/S. KRIPA RAM DAIRY (P) LTD.,NEW DELHI vs. DCIT, GHAZIABAD

This appeal by the assessee is preferred against the order of the CIT(A), Muzaffarnagar dated 03.03.2015 pertaining to A.Y. 2010-11.

The sum and substance of the grievance of the assessee is that the CIT(A) erred in confirming the addition of Rs.4.27 crores made by the AO on account of share premium. 1

At the very outset the counsel for the assessee stated that the assessee is contemplating to settle the dispute under Vivad se vishwas scheme and is awaiting certificate from the appropriate authority. The appeal may be taken as withdrawn.

Though the DR requested for adjournment but we are of the opinion that the appeal can be dismissed as withdrawn. However, the assessee would be at liberty to approach the Tribunal if for some technical reason the dispute is not settled under Vivad se vishwas scheme. 5. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 27.10.2020.