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Income Tax Appellate Tribunal, CHANDIGARH
Before: SHRI MAHAVIR SINGH & SHRI KRINWANT SAHAY,
आदेश/ORDER
PER KRINWANT SAHAY, AM
This appeal by assessee is arising out of the order of ld. CIT(A) NFAC, Delhi in appeal No. NFAC/2014-15/10121835 order dated 31.08.2024.
The assessment was framed by AO, NFAC, Delhi for the assessment year 2015-16 under Section 147 read with Section 144B of the Income Tax Act, 1961 (hereinafter ‘the Act’) vide his order dated 30.03.2022.
At the outset, it is noticed from the application filed by assessee that the assessee want to avail Direct Tax Vivad Se Vishwas Scheme, 2024 for settlement of its tax dues. For this, assessee has filed application and the relevant text of the application reads as under :
“Most respectfully it is submitted that above appeal is pending before your good self and appellant has opted for settlement under “Direct Tax Vivad Se Vishwas Scheme, 2024” and kindly allow me to withdraw the appeal accordingly.
When this was confronted to ld. Sr.DR, she has not objected to the same and after hearing rival contentions and going through the facts, we permit withdrawal as the assessee want to avail benefits under Direct Tax Vivad Se Vishwas Scheme, 2024 and hence, the appeal of the assessee is dismissed as withdrawn.
Appeal of assessee is dismissed.