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Facts
The assessee filed appeals for assessment years 2017-18 and 2018-19 against the CIT(A) order. At the time of hearing, the assessee's AR submitted that the assessee opted for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Held
The Tribunal dismissed both appeals, granting liberty to reinstate them if the assessee's application under the Vivad Se Vishwas Scheme, 2024 is not accepted.
Key Issues
Whether the appeals should be dismissed in light of the assessee opting for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Sections Cited
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Income Tax Appellate Tribunal, MUMBAI BENCH “G”, MUMBAI
Before: SHRI AMARJIT SINGH & SHRI RAJ KUMAR CHAUHAN
O R D E R PER AMARJIT SINGH, ACCOUNTANT MEMBER: Both the appeals of the assessee for the assessment year 2017-18 & 2018-19 are directed against the order both dated 06.05.2024 passed by the ld. Commissioner of Income-tax (Appeals)-52, Mumbai.
At the time of hearing, the ld. AR for the assessee filed letter dated 18.12.2024 along with copy of Form 1 filed under Direct Tax Vivad Se Vishwas Scheme, 2024 and stated that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2024. In light of the above and after considering the copies of Form 1 Direct Tax Vivad Se Vishwas Scheme, 2024 in both the cases filed on & 2652/Mum/2024 Gopani Metal Industries Private Limited A.Y. 2017-18 & 2018-19 15.11.2024, we dismiss both the appeals of the assessee with the liberty to reinstate the appeals if its application under Direct Tax Vivad Se Vishwas Scheme, 2024 are not accepted.
In the result, both the appeals of the assessee are dismissed.
Order pronounced in the open court on 04.02.2025.