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 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Ms Rajni Jain, E-109, Narwana Apartments, I.P. Extension, Patparganj, Delhi vs. Income Tax Officer, Ward 55(1), Faridabad.
October, 26th 2020

This appeal by the assessee is directed against the order of learned CIT(A), New Delhi dated 29th August, 2019 and pertains to assessment year 2014-15.


2. The learned counsel for the assessee , vide letter dated 15th October, 2020 received through email has requested for withdrawal of the appeal filed by the assessee 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.

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