Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 1, Cited by 0]

Income Tax Appellate Tribunal - Delhi

Cryoviva Biotech P.Ltd (Formerly Known ... vs Acit, Circle-5(2), New Delhi on 30 December, 2020

              IN THE INCOME TAX APPELLATE TRIBUNAL
                    DELHI "C" BENCH: NEW DELHI

                    (THROUGH VIDEO CONFERENCING)

          BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND
              SHRI K.N.CHARY, JUDICIAL MEMBER

                         ITA No.1460/Del/2019
                       Assessment Year : 2014-15
     Cryoviva Biotech P.Ltd.,                ACIT,
     (Formerly     known      as  M/s. Vs Circle-5(2),
     Cryobanks     International  India      New Delhi.
     Pvt.Ltd.), F-2/7, Okhla Industrial
     Area, Phase-1, New Delhi-110020
     PAN-AACCC6069Q
     APPELLANT                               RESPONDENT
     Appellant by                        Sh.Divyansh Jain, Adv
     Respondent by                       Sh. Gaurav Dudeja, Sr.DR
     Date of Hearing                             30.12.2020
     Date of Pronouncement                       30.12.2020



                                ORDER

PER G.S. PANNU, VP :

This appeal by the assessee for the assessment year 2014-15 is directed against the order of learned CIT(A)-33, New Delhi dated 24.09.2018.

2. The learned counsel for the assessee, vide its letter dated 27.12.2020, 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". A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.

3. Learned Senior DR has no objection.

2 ITA No.-1460/Del/2019

4. In view of the above, we accept the request of the assessee for withdrawal of the appeal.

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 In the result, the appeal of the assessee is dismissed as withdrawn.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 parties on 30th December, 2020.

     Sd/-                                                                Sd/-


(K.N.CHARY)                                                 (G.S. PANNU)
JUDICIAL MEMBER                                         VICE PRESIDENT

* Amit Kumar *

Copy   forwarded to:
  1.    Appellant
  2.    Respondent
  3.    CIT
  4.    CIT(Appeals)
  5.    DR: ITAT

                                               ASSISTANT REGISTRAR
                                                    ITAT, NEW DELHI