GKN Driveline (India) Ltd., Faridabad v. DCIT, Circle- 1, LTU, New Delhi

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU VICE PRESIDENT AND SHRI K NARASIMHA CHARY JUDICIAL MEMBER ITA NO. 5340/DEL/2018 ASSTT. YEAR : 2014-15 GKN DRIVELINE (INDIA) LTD. 270 SECTOR-24 FARIDABAD HARYANA 121 005 PAN AAACG4276B VS. DCIT CIRCLE-1 LTU NEW DELHI. (APPELLANT) (RESPONDENT) O R D E R PER G.S. PANNU VP THIS APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER DATED 27.6.2018 PASSED BY THE LD. DCIT NEW DELHI RELATING TO ASSESSMENT YEAR 2014-15. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. ASSESSEE BY: NONE DEPARTMENT BY : SHRI M BAR A NWAL SR. DR DATE OF HEARING 12.03.2021 DATE OF PRONOUNCEMENT 12.03.2021 2 3. THE LD. COUNSEL FOR THE ASSESSEE VIDE APPLICATION DATED 1 ST MARCH 2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM ON THE GROUND THAT HE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME 2020 AND CERTIFICATE TO THIS EFFECT IN FORM NO. 3 HAS ALREADY BEEN OBTAINED. 4. LEARNED SR. DR HAS NO OBJECTION FOR WITHDRAWAL OF THE APPEAL. 5. IN VIEW OF THE ABOVE WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL AND THE APPEAL IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT AT TIME OF HEARING ITSELF I.E. ON 12 TH MARCH 2021. SD/- SD/- (K NARASIMHA CHARY) (G.S. PANNUI) JUDICIAL MEMBER VICE PRESIDENT DATED: 12/03/2021 VEENA COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 3 5. DR:ITAT ASSISTANT REGISTRAR ITAT NEW DELHI