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Income Tax Appellate Tribunal - Delhi

Cma Infin Consultants Pvt. Ltd., New ... vs Ito, Ward 5(4), New Delhi on 31 December, 2020

              IN THE INCOME TAX APPELLATE TRIBUNAL
                  DELHI "SMC-2" BENCH: NEW DELHI

                    (THROUGH VIDEO CONFERENCING)

         BEFORE SHRI R.K.PANDA, ACCOUNTANT MEMBER

                       ITA No.3761/Del/2019
                     Assessment Year : 2015-16
     CMA Infin Consultants Pvt.Ltd.,       ITO,
     409,     M.G.house,     Wazirpur, Vs Ward-5(4)
     Community Centre,                     New Delhi.
     Delhi-110052.
     PAN-AAACC3884D
     APPELLANT                             RESPONDENT
     Appellant by                       Ms.Rano Jain, Adv.
     Respondent by                      Sh. Vinod Sharma, Sr.DR
     Date of Hearing                             31.12.2020
     Date of Pronouncement                       31.12.2020



                                ORDER

PER R.K.PANDA, AM :

This appeal by the assessee for the assessment year 2015-16 is directed against the order of learned CIT(A)-2, New Delhi dated 31.03.2019.

2. The learned counsel for the assessee, vide its letter, received through email, has requested for withdrawal of the appeal filed by him and 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".

3. Considering the aforesaid situation, the captioned appeal is consigned to records and treated as dismissed.

4. However, the aforesaid is subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforestated Act, the appellant (i.e., the assessee) shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. The respondent (i.e., the Revenue) has no objection with regard to the aforesaid caveat.

5. In the result, the appeal of the assessee is dismissed as withdrawn.

Above decision was announced on conclusion of Virtual Hearing in the presence of both the parties on 31st December, 2020.

Sd/-

(R.K.PANDA) ACCOUNTANT MEMBER * Amit Kumar * Copy forwarded to:

1. Appellant

2. Respondent

3. CIT

4. CIT(Appeals)

5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI