BSC C&C (JV),NEW DELHI vs. ACIT CIRCLE-62(1), NEW DELHI

PERSUDHIR PAREEK, JUDICIAL MEMBER:

The assessee preferred the captioned appeal, challenging the order dated 22.07.2019 passed by the Ld. Commissioner of Income
Tax(Appeals)-20 New Delhi(“Ld. CIT(A) for short”)pertaining to penalty order for Assessment year 2007-2008 dated 29.03.2016 passed
Assessee by Shri Tavish Verma, Adv
Department by Shri Javed Akhtar, CIT DR
Date of hearing
07.04.2025
Date of pronouncement
07.04.2025

under Sections 271 (1) (c)(1) of the Income Tax Act, 1961 (“The Act for short”).
2.The learned AR filed letter stating that assessee had opted to owned
DTVSVS scheme 2024 for which certificate in Form no 2 has been issued by the department.
3. Since the assessee had opted settling the dispute arising out of this appeal by availing DTVSVS scheme 2024, the appeal filed by the assessee is hereby treated as withdrawn with liberty to be given to the assessee to get this appeal restored and an application made by it in the event of the declaration made under DT VSVS scheme, 2024 not reaching the logical conclusion for any reason whatsoever.
4. With the above, mentioned liberty given to the assessee the appeal filed is hereby dismissed as withdrawn.
Order pronounced in the open court on 07/04/2025. (SHAMIM YAHYA)
JUDICIAL MEMBER

Dated:07.04.2025

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