MANSUKHBHAI M. DONGA .,AHMEDABAD vs. ITO, WARD-7(2)(3), AHMEDABAD
In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.
What did the Tribunal hold?
The Tribunal dismissed all the appeals as withdrawn, allowing the assessees to pursue the Vivad se Vishwas Scheme. However, it granted liberty to seek restoration if the scheme benefits could not be availed for bonafide reasons.
What were the facts?
The assessees sought to withdraw their appeals before the ITAT because they had opted to avail the benefits of the 'Vivad se Vishwas Scheme, 2020'. The revenue representative had no objection to this request.
What were the issues?
Whether the appeals should be dismissed as withdrawn due to the assessee opting for the Vivad se Vishwas Scheme.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, “SMC” BENCH, AHMEDABAD
Before: SHRI WASEEM AHMED
आदेश/O R D E R
PER BENCH:
The captioned five appeals arise from the respective orders of the Commissioner of Income Tax (Appeals) (‘CIT(A)’) against different assessment years.
The captioned assessees have sought to withdraw the appeals listed above on the ground that they have opted to avail benefits of ‘Vivad se Vishwas Scheme, 2020’ (VSV). When the matter was called for hearing, the ld. counsels for the assessee at the outset have submitted that they do not seek to pursue the said appeals owing to exercise of option for availing VSV Scheme and 04 others - 2 - consequently requested that their applications for withdrawal of appeals may please be granted. Reference was also made to written requests in this regard.
The ld. Departmental Representative for the Revenue stated that he has no objection to withdraw the appeals in the circumstances narrated on behalf of the assessee.
In the light of oral/written requests made on behalf of the captioned parties, all the appeals are dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of VSV Scheme for any bonafide reasons, then the assessee concerned will be at liberty to seek restoration of original appeals for hearing before ITAT in accordance with law.
In the result, all captioned appeals are dismissed as withdrawn.
This Order pronounced on 23/06/2021
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