MAHARUKH RAFAT KHAN ,MUMBAI vs. WARD 23(2)(1), MUMBAI
Income Tax Appellate Tribunal, D” BENCH, MUMBAI
Per Rahul Chaudhary, Judicial Member: 1. By way of the present appeal the Assessee has challenged the order dated 19/07/2024, passed by the National Faceless Appeal Centre (NFAC), Delhi, [hereinafter referred to as the ‘CIT(A)’], whereby the Ld. CIT(A) had dismissed the appeal of the Assessee against the Penalty Order, dated 16/03/2023, passed under Section 270A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) for the Assessment Year 2020-2021. 2. The Assessee has raised following grounds of appeal : “1. On the facts and circumstances of the case and in law the learned Commissioner of Income Tax (Appeals) erred in confirming penalty u/s.271A by the Assessing Officer. Assessment Year: 2020-2021
On the facts and circumstances of the case and in law the CIT(A) failed to appreciate that the Appellant had not misrepresented or suppressed facts relating to income u/s.270A(9)(A).
On the facts and circumstances of the case and in law the CIT(A) failed to appreciate that disallowance was regards to claim u/s.54 of the Income Tax Act.”
When the appeal was taken up for hearing it was noted that vide letter dated 24/02/2025, the Appellant/Assessee had placed on record copy of Form 1 DTVSV 2024 e-filed under the ‘The Direct Tax – Vivad Se Vishwaas Scheme’, 2024 on 31/12/2024 having e-filing Acknowledgment Number 799401730311224 and the Assessee has received Certificate in Form No.2 from designated Authority on 17/02/2025. Since the dispute is settled under the Vivad Se Vishwaas Scheme - 2024, the present appeal preferred by the Assessee is dismissed as withdrawn.
In terms of above the present appeal is dismissed as withdrawn.
Order pronounced on 17.03.2025. (Renu Jauhri)
Accountant Member
मुंबई Mumbai; िदनांक Dated : 17.03.2025. Milan, LDC
Assessment Year: 2020-2021
आदेश की Ůितिलिप अŤेिषत/Copy of the Order forwarded to :
अपीलाथŎ / The Appellant 2. ŮȑथŎ / The Respondent. 3. आयकर आयुƅ/ The CIT 4. Ůधान आयकर आयुƅ / Pr.CIT 5. िवभागीय Ůितिनिध, आयकर अपीलीय अिधकरण, मुंबई / DR, ITAT, Mumbai 6. गाडŊ फाईल / Guard file.
आदेशानुसार/ BY ORDER,
सȑािपत Ůित ////
उप/सहायक पंजीकार /(Dy./Asstt.