Loading judgment…
Facts
The assessee Trust filed an appeal against the order of the Ld.CIT(A) for AY 2018-19. The assessee expressed a desire to withdraw the appeal as they had opted for the Direct Tax Vivad-Se-Vishwas Scheme.
Held
The assessee requested to withdraw the appeal, and since the Ld.DR did not oppose it, the tribunal allowed the withdrawal of the appeal. The appeal was dismissed as withdrawn.
Key Issues
Whether the assessee is allowed to withdraw the appeal after opting for the Vivad-Se-Vishwas Scheme.
Sections Cited
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, ‘C’ BENCH: CHENNAI
Before: SHRI ABY T. VARKEY & SHRI AMITABH SHUKLA
आदेश / O R D E R
PER ABY T. VARKEY, JM:
This is an appeal preferred by the assessee Trust against the order of the Learned Commissioner of Income Tax (Appeals)/NFAC, (hereinafter referred to as ‘Ld.CIT(A)‘), Delhi, dated 13.02.2025 for the Assessment Year (hereinafter referred to as ‘AY‘) 2018-19.
At the outset, the Ld.AR submitted a letter dated 27.06.2025 expressing the desire of the assessee to withdraw the captioned appeal (AY 2018-19) Sri Rama Trust because assessee had opted for Direct Tax Vivad-Se-Vishwas Scheme, 2024 and pursuant to it has received Form-2 dated 23.06.2025 and filed a copy of the same. The Ld.DR doesn’t oppose the withdrawal of appeal and therefore, we are inclined to allow the assessee to withdraw the appeal.
In the result, appeal filed by the assessee is dismissed as withdrawn.
Order pronounced on the 14th day of August, 2025, in Chennai.