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

M/s Tyagi and Co 8 Virk Nagar Near St Marys School Assandh Panipat Haryana Vs Income Tax Officer Ward 3 Panipat Haryana
October, 26th 2020

This appeal by the assessee for the assessment year 2008-09 is directed against the order of learned CIT(A), Karnal dated 21st June, 2019.

The learned counsel for the assessee, vide email dated 30th September, 2020 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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