IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI AMIT SHUKLA, JUDICIAL MEMB ER ITA NO. 1403/DEL/2018 ASSESSMENT YEAR 2015-16 M/S NEHA JEWELLERS PVT. LTD., 1170, KUCHA NAHAJANI, CHANDNI CHOWK, NEW DELHI-110006 (PAN: AAACN7129G) VS ACIT, CENTRAL CIRCLE-6, NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI AKSHIT GOEL, CA RESPONDENT BY: SHRI UMESH TAKY AR, SR. DR DATE OF HEARING : 20.11.2020 DATE OF PRONOUNCEMENT : 20.11.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-24, NEW DELHI DATED 31.01.2018 AND PERTAI NS TO ASSESSMENT YEAR 2015-16. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 11 TH NOVEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FI LED BY HIM AND STATED THAT THE ITA 1403/DEL/2018 2 ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING T O THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS ACT, 2020 (IN SHORT THE ACT'). 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 20 TH NOVEMBER, 2020. SD/- SD/- (AMIT SHUKLA) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR