IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI “SMC-2” BENCH: NEW DELHI

(THROUGH VIDEO CONFERENCING)

BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER &
SHRI O.P.KANT, ACCOUNTANT MEMBER

ITA No.230/Del/2020

Assessment Year : 2011-12

Continental Spinners Ltd., vs ACIT(OSD),

14, Ist Floor, Arihant Nagar, Ward-6(3),

Punjabi Bagh (West), New Delhi.

New Delhi-110026

PAN-AAACC0016D

APPELLANT RESPONDENT

Appellant by Appellant’s application on record

Respondent by Sh. R.K.Gupta, Sr.DR

Date of Hearing 01.07.2021

Date of Pronouncement 01.07.2021

ORDER

PER KUL BHARAT, JM :

This appeal filed by the assessee for the assessment year 2011-12 is
directed against the order of Ld. CIT(A)-16, New Delhi dated 12.12.2019.

2. None appeared on behalf of the assessee at the time of Virtual
hearing before us. The Ld. Counsel for the assessee, vide its letter dated
25.03.2021, received through email, has requested for withdrawal of the
appeal filed by him 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.

3. Learned Senior DR has no objection.
ITA No. 230/Del/2020

4. In view of the above, we accept the request of the assessee for
withdrawal of the appeal.

5. In the result, the appeal of the assessee is dismissed as withdrawn.

Above decision was pronounced on conclusion of Virtual Hearing on
01st July, 2021.

Sd/- Sd/-

(O.P.KANT) (KUL BHARAT)
ACCOUNTANT MEMBER JUDICIAL MEMBER

*Amit Kumar* ASSISTANT REGISTRAR
ITAT, NEW DELHI
Copy forwarded to:
1. Appellant
2. Respondent
3. CIT
4. CIT(Appeals)
5. DR: ITAT