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िनधा�रतीकीओरसे /Assessee by Ms Rupali Shrimal a/w Sujay Ajgaonkar AR’s राज�कीओरसे /Revenue by Sh. Anil Gupta SR DR सुनवाईकीतारीख/Date of hearing 27.02.2025 उद्घोषणाकीतारीख/Date of pronouncement 27.02.2025 Order under section 254(1) of Income Tax Act PER PAWAN SINGH JUDICIAL MEMBER; 1. This appeal by assessee is directed against the order of National Faceless Appeal Centre, Delhi [for short to as “NFAC/Ld.CIT(A)”] dated 28.02.2024 for assessment year (AY) 2016-17. This appeal came up hearing today (28th February 2025).
At the outset of hearing the learned Authorised representative (ld AR) of the assessee submits that assessee has availed the benefits of Direct Vivad se Visvas Scheme -2024 (DVSV-2024). The ld AR of the assessee has also filed copy of Form-1 of DVSV-20 bearing acknowledgement No.843270140270125.This fact was confronted with learned departmental representative (DR) of the revenue. The ld. Sr-DR for the Revenue submits that he has no objection, if the appeal of the assessee is dismissed as “withdrawn”.
3. We have considered the application of assessee for withdrawal of appeal and considering the prayer of assessee, the appeal of the assessee is dismissed as “withdrawn” with liberty to the assessee as well as to the Revenue that in case, if the application preferred by the assessee under DVSV-2024 does not get finally settled for any reason whatsoever, then both the parties are at liberty to prefer Miscellaneous Application before this Tribunal for restoration of the appeal or any further direction and in such event, the appeal shall get restore. The Assessing Officer is directed to pass the consequential order.
In the result, the appeal of the assessee is dismissed as withdrawn. Order announced on 27/02/2025 in the Open Court during hearing.