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Income Tax Appellate Tribunal, DELHI BENCH ‘A’ : NEW DELHI
Before: SHRI G.S. PANNU & SHRI K. NARASIMHA CHARY
the assessment year 2012-13 are directed against the order of learned CIT(A)-31, New Delhi dated 10th January, 2018.
The assessee, vide letter dated 4th February, 2021 has submitted that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020.
A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. It was, accordingly prayed for withdrawal of the Cross-objection filed by the assessee and the appeal filed by the Revenue.
Learned Senior DR has no objection.
In view of the above, the appeal of the Revenue and the Cross-objection of the assessee are dismissed as withdrawn.
In the result, the appeal of the Revenue and the Cross-objection of the assessee are dismissed as withdrawn.
Above decision was announced in the presence of both the sides on conclusion of Virtual Hearing on 17th February, 2021.