M/s Godavari Shilpkala Pvt ltd takes immunity under Direct Tax Vivad se Vishwas Act, Appeal filed earlier stands so Dismissed.

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH ‘FRIDAY-C’ : NEW DELHI
(Through Video Conferencing)

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

ITA No.9360/Del/2019
Assessment Year : 2014-15

M/s Godavari Shilpkala Pvt. Ltd.
12, Dr. AJP Abdul Kalam Road,
New Delhi-110011
PAN-AAACG1037G
 (Appellant) 

Vs. 

DCIT,
Circle-10(1),
C.R. Building,
New Delhi-10002
(Respondent)

Appellant by : Ms. Aayushi Gupta, Advocate
Respondent by : Shri Jagdish Singh, Senior DR.

Date of hearing : 01.01.2021
 Date of pronouncement : 01.01.2021

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)-35, New Delhi, dated 31.07.2018.

2. The learned counsel for the assessee, vide email dated 23.12.2020 hasrequested for withdrawal of the appeal filed by the assessee and stated thatthe assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Act, 2020 (in short ‘the Act’).

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) shallbe at liberty to approach the Tribunal for reinstitution of the appeal and theTribunal 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 view of the aforesaid, the appeal is consigned to record and, for statistical purposes, is treated as dismissed.

Above decision was announced in the presence of both the sides on conclusion of Virtual Hearing on 01st January, 2021.

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

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

Assistant Registrar