Facts
The assessee filed applications to withdraw these appeals for AY 2014-15, 2020-21, and 2021-22, stating they have opted to settle the disputed issues under the Vivad se Vishwas Scheme, 2024.
Held
The Tribunal considered the assessee's withdrawal applications and, with no objection from the Revenue, dismissed the appeals as withdrawn. Liberty was granted to revive the appeals if the Vivad se Vishwas Scheme application fails.
Key Issues
The primary issue was the assessee's request to withdraw the appeals to settle disputes under the Vivad se Vishwas Scheme.
Sections Cited
143(3), 144C(13)
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH ‘D’: NEW DELHI
Before: SHRI MAHAVIR SINGH, HON’BLE & SHRI AVDHESH KUMAR MISHRA
These appeals filed by the assessee are directed against the orders, dated 18.06.2018, 28.04.2023 and 22.09.2023, passed under section 143(3) r.w.s.144C(13) of the Income Tax Act, 1961 by the Assistant Commissioner of Income Tax, Circle- 1(2)(2), International Taxation, New Delhi.
The assessee has filed applications for the above-mentioned appeals; 1898/DEL/2023 and 3238/DEL/2023 dated 14.05.2025 for withdrawal of these appeals for AY 2014-15, 2020-21 and 2021-22 on the reasoning that it has opted to settle the disputed issues for these years under the Vivad se Vishwas Scheme, 2024. The assessee has placed on record copies of Form No. 2 filed under VSVS, 2024. The Ld. Authorized Representative for assessee prayed for liberty to revive appeals in case any of the applications of the assessee fails to mature for any reason under Vivad se Vishwas Scheme, 2024.
The Ld. Sr. DR raised no objection to withdrawal of these appeals by the assessee.
Heard. In view of the above-mentioned applications of the assessee, the above captioned appeals of the assessee for AY 2014-15, 2020-21 and 2021-22 are dismissed as withdrawn as the assessee has opted to settle the disputed issues of these years under Vivad se Vishwas Scheme. Liberty is granted to the assessee to revive the appeal if any of its application under Vivad se Vishwas Scheme, 2024 fails to mature.
In view of the above, these appeals of the assessee stand dismissed as withdrawn.
Order pronounced in open Court on 23rd May, 2025