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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Patanjali Ayurved Ltd., D-26, Pushpanjali, Bijwasan, New Delhi vs. DCIT, Circle 19(2), New Delhi.
October, 12th 2020

These appeals by the assessee for the assessment year 2009-10 are directed against the orders of learned CIT(A)-36, New Delhi dated 26.05.2017 and the learned C.I.T.(A)-7, New Delhi dated 19.12.2018 respectively.

The learned counsel for the assessee vide letter dated 1.10.2020 received through email has requested for withdrawal of the appeals 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 Direct Tax Vivad se Vishwas Act, 2020.

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