DCIT, CIRCLE-18(1), NEW DELHI vs. NDTV LIFESTYLE LTD., NEW DELHI

This appeal is filed by the ld. Assessing Officer against the order of the ld. CIT (Appeals)-38, New Delhi, dated 4.05.2017, for Assessment Year 2010-11.

At the time of hearing the ld. AR of the assessee submitted a letter dated 22nd December, 2020 stating that assessee is keen to resolve its dispute in the present appeal under Direct Tax Vivad se Vishwas Scheme, 2020 and currently is in the process of filing of the relevant forms. Hence, the ld. AR sought adjournment. 3. The ld. Departmental Representative submitted that when assessee is proceeding for settlement of the dispute under Vivad se Vishwas Scheme, the appeal of the assessee should be treated as withdrawn and dismissed. 4. We have carefully considered the rival contentions. As the assessee is in process of filing of forms under Vivad se Vishwas Scheme, 2020 there is no purpose in adjourning the appeal. Hence, the adjournment request of the ld. AR is rejected. As the assessee is in the process of filing respective forms Page | 1 under Direct Tax Vivad se Vishwas Scheme, 2020 the appeal of the assessee is treated as withdrawn and hence dismissed. However, the assessee is granted liberty to file a Miscellaneous application for recall of this order in case assessee is not granted Form No. 3 under that Scheme for settlement of dispute. 5. Accordingly, appeal of the assessee is treated as withdrawn, hence dismissed.