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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

B.M. Malhotra & Sons Ltd., C/o Kapil Goel, Advocate, F-26/124, Sector 7, Rohini, Delhi Vs. Income Tax Officer, Ward 4(1), New Delhi.
January, 18th 2021

BEFORE SHRI G.S. PANNU, VICE PRESIDENT

AND

SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER

ITA No. 8082/Del/2019

Assessment year 2008-09

 

This appeal by the assessee is directed against the order of learned Commissioner of Income Tax(A)-2, New Delhi dated 31.07.2019 and pertains to assessment year 2008-09..

2. The learned counsel for the assessee, vide letter dated 12.01.2021 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. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.

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