Case Number: ITA 5521/DEL/2019
Appellant: MK Chhabra (HUF), New Delhi
Respondent: ITO WARD – 40(1), New Delhi
Assessment Year: 2015-16
Case Filed On: 2019-06-24
Order Type: Final Tribunal Order
Date of Order: 2020-12-30
Pronounced On: 2020-12-30
Before: Shri G.S. Pannu, Vice President and Shri K.N. Chary, Judicial Member
For Assessee: None
For Revenue: Shri Gaurav Dudeja, Senior DR
Date of Hearing: 30.12.2020
Date of Pronouncement: 30.12.2020
This appeal, filed by the assessee MK Chhabra (HUF), is directed against the order of the learned Commissioner of Income-tax (Appeals)-14, New Delhi, dated 05.04.2019, pertaining to the assessment year 2015-16. The primary issue in the appeal was the assessment made by the Income Tax Officer for the said year.
The appellant filed the appeal against the assessment order passed by the Income Tax Officer, challenging the additions and disallowances made in the assessment. However, the appellant later opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020.
Nobody appeared on behalf of the assessee at the time of the virtual hearing before the Tribunal. The learned counsel for the assessee, via letter dated 24.12.2020, requested for withdrawal of the appeal filed by the assessee and stated that the assessee 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 was also filed.
Learned Senior DR had no objection to the withdrawal request.
In view of the above, the Tribunal accepted the request of the assessee for withdrawal of the appeal.
Order pronounced in the open court on 30th December, 2020.
The appeal of the assessee is dismissed as withdrawn.
Members:
(K.N. Chary) Judicial Member
(G.S. Pannu) Vice President
Copy forwarded to:
By Order
Assistant Registrar, ITAT, New Delhi
Appeal Withdrawal: MK Chhabra (HUF) vs. ITO for Assessment Year 2015-16
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