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Income Tax Appellate Tribunal, DELHI BENCH “DB” NEW DELHI
Before: SHRI CHALLA NAGENDRA PRASAD & SHRI AVDHESH KUMAR MISHRA
PER C.N. PRASAD, J.M.
This appeal is filed by the Assessee against the order u/s 250 of Income Tax Act, 1961 dated 12/09/2024 passed u/s 143(3) of the Act for the AY 2017-18.
The assessee through letter dated 18/01/2025 submitted that it had opted to settle the disputes in appeal through Direct Tax Vivad se Vishwas Scheme, 2024 and accordingly Form 1 has been
ITA No.190/DDN/2024
filed on 28.12.2024 and Form 2 dated 08.01.2025 was also issued by
the Revenue. A copy of Form 1 & 2 are placed on record. The
Counsel thus, submitted that the Assessee does not want to pursue
the present appeal and requested to grant liberty to withdraw since
it became infructuous.
Heard rival submissions, perused Form 1 filed by the assessee
under DTVSVS 2024. It is observed from the said Form that the
assessee opted to settle the disputes in appeal in ITA
No.190/Del/2024 for the AY 2017-18 under DTVSVS and Form 2 was
also issued by the Revenue. Since the assessee has opted under
DTVSVS to settle the issues in appeal, this appeal is treated as
withdrawn.
In the result, appeal of the assessee is dismissed as
withdrawn.
Order pronounced in the open court on 07/05/2025 Sd/- Sd/- (AVDHESH KUMAR MISHRA) (C.N. PRASAD) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated: 07.05.2025 *Kavita Arora, Sr. P.S.
ITA No.190/DDN/2024