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

Shri Aman Mehtani, H.No.73, National H.No.73, National Cooperative Society, Cooperative Society, Baner Road, Baner Road, Pune. Vs. Principal Commissioner of Income Tax, Income Tax, Faridabad.
October, 17th 2020

This appeal by the assessee for the assessment year 2009-10 is directed against the order of learned CIT(A), Faridabad dated 18th February, 2019.

2. The assessee, vide letter dated 30th September, 2020 has requested for withdrawal of the appeal filed by him and stated that he 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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