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Facts
The assessee opted for the Direct Tax Vivad Se Vishwas Scheme, 2024, and filed Form No. 1. The Assessing Officer passed an order dated 27.08.2024.
Held
The Tribunal considered the assessee's submission regarding opting for the Vivad Se Vishwas Scheme. As the scheme application was processed, the appeal was dismissed.
Key Issues
Whether the appeal should be dismissed in light of the assessee opting for the Vivad Se Vishwas Scheme, 2024?
Sections Cited
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Income Tax Appellate Tribunal, MUMBAI BENCH “B”, MUMBAI
Before: SHRI AMARJIT SINGH & SHRI ANIKESH BANERJEE
Millenium Clothing Pvt. Ltd. ACIT, Central Circle – 7(2), Aayakar Bhawan, Room No. 3, B-3/10, 1st Floor, M.K. Road, Mumbai – Vs. Sector 4, Vashi, Maharashtra- 400020. 400703. PAN: AADCM1287B (Appellant) (Respondent) Present for: Assessee by : None Revenue by : Shri Hemant Kumar C Leuva, CIT/DR Date of Hearing : 20.02.2025 Date of Pronouncement : 03.03.2025 O R D E R
PER AMARJIT SINGH, ACCOUNTANT MEMBER:
The appeal of the assessee for the assessment year 2007-08 is directed against the order dated 27.08.2024 passed by the ld. Commissioner of Income Tax, Appeal [CIT(A)] – 49, Mumbai.
At the time of hearing, the ld. AR for the assessee filed letter dated 26.12.2024 and submitted that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2024. Before us, the ld. Counsel also submitted that Form No. 1 of Vivad Se Vishwas Scheme, 2024 filed has also been received. In light of the above and after considering the submission that assessee had received Form No. 1 under Vivad Se Vishwas Scheme 2024, we dismiss the appeal of the assessee with the liberty to reinstate the appeal if its
In the result, the appeal of the assessee is dismissed.
Order pronounced in the open court on 03.03.2025.