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Facts
The assessee filed an appeal for AY 2017-18 against an order passed under sections 147 r.w.s. 144C(13) of the Income Tax Act, 1961. During the appellate proceedings, the assessee submitted a certificate from the designated authority under Rule 5 of VSVS Rules and requested to withdraw the appeal.
Held
The Tribunal acknowledged the assessee's submission of the certificate under VSVS Rules and their prayer for withdrawal. Considering these facts, the Tribunal allowed the withdrawal of the appeal.
Key Issues
Whether the Tribunal should allow the withdrawal of an appeal based on the assessee receiving a certificate under the VSVS Rules.
Sections Cited
147, 144C(13)
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Income Tax Appellate Tribunal, DELHI BENCH ‘D’: NEW DELHI
Before: SHRI MAHAVIR SINGH & SHRI AVDHESH KUMAR MISHRA
Rekha Kumar ACIT 8-Hansalaya Building, 15 Int. Tax Barakhambha Road, Vs. Circle-2(1)(2), Connaught Place, Delhi New Delhi- 10001 PAN : EJIPK4003A (Appellant) (Respondent) Appellant by Sh. V Rajkumar, Advocate Respondent by Sh. Om Parkash, Sr. DR Date of Hearing 27/12/2024 Date of Pronouncement 27/12/2024 ORDER
PER AVDHESH KUMAR MISHRA, AM
This appeal for the Assessment Year (hereinafter, the ‘AY’) 2017- 18 filed by the Assessee is directed against the order dated 19.03.2024 passed under section 147 r.w.s. 144C(13) of the Income Tax Act, 1961 (hereinafter ‘The Act’) by the Assistant Commissioner of Income Tax, Int. Tax Circle-2(1)(2), Delhi [hereinafter, the ‘ACIT’].
During the course of appellate proceeding before us, the appellant/assessee submitted that the appellant had been granted a certificate by the designated authority in Form No. 2 on 11th December, 1