ANIL PRASAD SINGH,JAMUI vs. ACIT, CIRCLE-2, BEGUSARAI

The present appeal has been preferred by the assessee against the order dated 16.10.2019 of the Commissioner of Income Tax (Appeals), Bhagalpur [hereinafter referred to as ‘CIT(A)’] passed u/s 250 of the Income Tax Act (hereinafter referred to as the ‘Act’).

At the outset, the ld. AR representing the assessee has submitted a letter today i.e. 07.01.2015 informing the Bench that the assessee had chosen to file an application under the Direct Tax Vivad Se Viswas (DTVSV) Scheme, 2024 and necessary form for the scheme was submitted by the assessee and the department issued due certificate in Form No.2 in this respect. The ld. AR further submitted that the assessee is now ready to make the payment as per the instructions provided in Form No.2 and proof of withdrawal of any pending appeals is required to complete the filing of Form 3 in this respect. Under the circumstances, the assessee prayed before the Bench to allow the withdrawal of the appeal.

On the other hand, the ld. DR did not object to the withdrawal request made by the assessee.

After hearing the submissions made by both the parties and considering the facts and issues on record, we accept the prayer for withdrawal of the appeal as the assessee has opted to settle the dispute under the DTVSV scheme, 2024. Accordingly, we dismiss the present appeal as withdrawn.

In the result, the appeal of the assessee is dismissed as withdrawn.