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Income Tax Appellate Tribunal, “A” BENCH,
Before: SHRI R S SYAL & SHRI PARTHA SARATHI CHAUDHURY
ORDER
PER PARTHA SARATHI CHAUDHURY, JM:
This appeal preferred by the assessee emanates from the order of ld.Commissioner of Income Tax(Appeals)-7, Pune dated 06.11.2018 for the Assessment Year 2014-15.
The appeal came up hearing on 24th May, 2022. Smt.Deepa Khare, 2. ld.Authorised Representative(ld.AR) of the assessee appeared on behalf of the assessee. However, perusal of record reveals that the assessee has already settled dispute with Income Tax Department by availing the benefits of Vivad se Visvas Scheme -2020 (VSV-20) and received Form-5 of VSV-20 from designated authority vide Acknowledgment No.354028151250821 dated 25.08.2021. The ld.AR of the assessee requested to withdraw the appeal.
A.Y. 2014-15 Bharat Industries (A)
On the other hand the learned Departmental Representative (DR) submits that he has no objection, if the appeal of the assessee is dismissed as withdrawn.
We have considered the contents of the application filed by the assessee and the submissions of the Ld.DR for the Revenue. Considering the facts that the assessee has already filed application before the prescribed authority and settled the tax liability with the income–tax department under VSV-20 and have received Form-5 vide acknowledgement No354028151250821 dated 25.08.2021 from designated authority. Hence, the appeal of the assessee is dismissed as withdrawn
In the result, the appeal filed by the Assessee stands dismissed as ‘withdrawn’. Order pronounced in the open Court on 25th May, 2022.