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Facts
The assessee filed an appeal for Assessment Year 2017-18 against an order dated 25.09.2024. During the hearing, the assessee's AR submitted a letter stating that the assessee had opted for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Held
The Tribunal noted that the assessee had availed the Direct Tax Vivad Se Vishwas Scheme, 2024. Consequently, the appeal was dismissed.
Key Issues
Whether the appeal 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 “J”, MUMBAI
Before: SHRI AMARJIT SINGH & SHRI ANIKESH BANERJEE
Present for: Assessee by : Shri Rahul Punmiya Revenue by : Shri Asif Karmali, Sr. DR Date of Hearing : 14.01.2025 Date of Pronouncement : 17.01.2025 O R D E R
PER AMARJIT SINGH, ACCOUNTANT MEMBER:
The appeal of the assessee for the assessment year 2017-18 is directed against the order dated 25.09.2024 passed by the ld. Commissioner of Income-tax [‘CIT(A)’], ADDL/JCIT(A) – 2, Noida.
At the time of hearing, the ld. AR for the assessee filed letter dated 10.01.2025 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 that assessee has availed Vivad Se Vishwas Scheme 2024, we dismiss the appeal of the assessee with the liberty to reinstate the appeals if its application under Direct Tax Vivad Se Vishwas Scheme, 2024 is not accepted.
In the result, the appeal of the assessee is dismissed.
Order pronounced in the open court on 17.01.2025.