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Income Tax Appellate Tribunal, DELHI BENCH ‘F’: NEW DELHI
Before: SHRI G.S. PANNU & SHRI SUDHANSHU SRIVASTAVA
ORDER PER G.S. PANNU, VP :
This appeal by the Revenue for the assessment year 2015-16 is directed against the order of learned CIT(A)-I, Noida, dated 31.12.2018.
None appeared on behalf of the assessee during the course of Virtual Hearing before us. The Revenue, vide its letter dated 12.12.2020, received
2 ITA-6555/Del/2019 through email, has stated 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.
In view of the above, we accept the request of the Revenue for withdrawal of appeal.
In the result, the appeal of the Revenue is dismissed as withdrawn.
Above decision was announced on conclusion of Virtual Hearing on 24th December, 2020.