DCIT - 12(2)(2), MUMBAI vs. M/S GLOBUS STORES PRIVATE LIMITED, MUMBAI

In letter dated 18-01-2021, the learned Counsel for the assessee has submitted that the assessee has filed application under the Direct Tax Vivad se Viswas Act, 2020 for settling the dispute arising in this appeal. Further he has submitted, in the meanwhile, assessee’s application has been accepted by the department and official order issued in Form 5 in terms of section 5(2) of the Act has been received by the assessee on 06-01-2021. Thus, he submitted, the appeal may be dismissed as withdrawn. The learned Departmental Representative fairly agreed with the aforesaid submission of the assessee. 3. Having considered rival submissions and keeping in view the fact that assessee’s application under the Direct Tax Vivad se Viswas Act, 2020 has been accepted by the department and the final order in Form No.5 has been issued, we dismiss the appeal as withdrawn. 4. In the result, appeal is dismissed.