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Income Tax Appellate Tribunal, DELHI BENCH “SMC”, DELHI
(A.Y.2012-13) Harmeet Singh, EL-06, L-Block, II Floor, Hari Nagar, New Delhi 110064 ...... अपीलाथ�/Appellant PAN: BCTPS-5058-L बनाम Vs. Income Tax Officer, ..... �ितवादी/Respondent Ward-49(5), New Delhi 110002 अपीलाथ� �ारा/ Appellant by : Shri S.K. Goyal, Chartered Accountant �ितवादी�ारा/Respondent by : Shri Sanjay Kumar, Sr. DR सुनवाई क� ितिथ/ Date of hearing : 04/02/2025 घोषणा क� ितिथ/ Date of pronouncement : : 04/02/2025 आदेश/ORDER
PER VIKAS AWASTHY, JM:
This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)/Additional/Joint Commissioner of Income Tax(Appeals)-10, Mumbai (hereinafter referred to as 'the CIT(A)') dated 26.03.2024, for assessment year 2012-13.
The counsel for the assessee stated at Bar that the assessee has opted to settle the issue in appeal under VSVS 2024 and has already filed Form No. 1. He prayed for withdrawing the appeal on instructions from the assessee.
The assessee is allowed to withdraw the appeal as prayed for.
(AY 2012-13) 4. Liberty is granted to the assessee to revive the appeal in the event application filed by the assessee under VSVS fails to mature. It is further made clear that if the assessee /appellant seeks to restore the appeal in the event assessee’s declaration made under VSVS is not accepted, the Registry shall not insist for filing of application for condonation of delay, if the Miscellaneous Application for recalling the order is filed beyond time on account of delay in communication of outcome under VSVS. [Re. M/s. Nannusamy Mohan(HUF) vs. ACIT in T.C.A No.372 of 2020 decided on 16/10/2020 by Hon’ble Madras High Court].