MONAPPA S SHETTY,SURATHKAL vs. INCOME TAX OFFICER , WARD 1(1), MANGALORE
Income Tax Appellate Tribunal, ‘A’ BENCH: BANGALORE
Before: SHRI WASEEM AHMED & SHRI PRAKASH CHAND YADAVAssessment Years: 2016-17
PER WASEEM AHMED, ACCOUNTANT MEMBER:
This is an appeal filed by the assessee against the order passed by the NFAC,
Delhi dated
28/08/2024
vide
DIN
No.
ITBA/APL/S/250/2024-25/1068084290(1) for the assessment year 2016-
17. 2. At the outset, during the course of the proceedings before us, the ld. Authorized Representative (AR) of the Assessee submitted that the Assessee has settled the dispute arising in the impugned appeal under the Direct Tax Vivad se Vishwas Scheme (DTVSV), 2024 which is evident from form 4 issued by the Competent Authority dated 24-12-2024 and Page 2 of 2
.
placed on record. Accordingly, the ld. AR submitted that the assessee wants to withdraw the appeal.
The Learned Departmental Representative (DR) confirmed the submission of the AR and raised no objection to the dismissal of the appeal in light of the settlement of the dispute under DTVSV, 2024. 3.1 Considering the submission of the parties and in view of the fact that Form-4 has been issued by the competent authority settling the dispute arising in the impugned appeal on hand, accordingly, this appeal is dismissed as the issue is resolved under the Direct Tax Vivad se Vishwas Scheme, 2024. 4. In the result, the appeal filed by the Assessee is hereby dismissed under DTVSV 2024. Order pronounced in court on 24th day of January, 2025 (PRAKASH CHAND YADAV) Accountant Member Bangalore Dated, 24th January, 2025
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Copy to:
The Applicant 2. The Respondent 3. The CIT 4. The CIT(A) 5. The DR, ITAT, Bangalore. 6. Guard file
By order
Asst.