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Income Tax Appellate Tribunal, MUMBAI BENCH “I” MUMBAI
ORDER PER RAVISH SOOD, J.M: The present appeal filed by the assessee is directed against the order passed by the Assessing Officer u/s 143(3) r.w.s 144C of the Income-tax Act, 1961 (for short ‘Act’), dated 24.10.2019 for assessment year 2016-17.
The assessee vide a letter filed on 9th March, 2021 had therein stated that it had filed an application in Form No. 1 & 2 under the Direct Tax Vivad se Vishwas Act, 2020 in order to settle the aforesaid matter pending before the Tribunal. It is further stated by the assessee that it is in receipt of a certificate in ‘Form No. 3’ from the designated authority under sub-section (1) of Sec.5 of the Direct Tax Vivad se Vishwas Act, 2020. Accordingly, the assessee had requested that it may be permitted to withdraw the captioned appeal.
The ld. D.R did not controvert the aforesaid factual position as was canvassed before us.
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