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Facts
The assessee preferred an appeal against the order of the Learned Commissioner of Income Tax (Appeals) for AY 2013-14. The assessee opted for the Vivad-Se-Vishwas Scheme, 2024 and filed Form-1 and Form-2, remitting Rs. (-)2,07,887/- to settle the issue.
Held
The assessee expressed a desire to withdraw the appeal under the Vivad-Se-Vishwas Scheme, and the Revenue did not object. The tribunal allowed the request and dismissed the appeal as withdrawn.
Key Issues
Whether the appeal can be withdrawn by the assessee under the Vivad-Se-Vishwas Scheme after opting for it and making the payment.
Sections Cited
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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 against the order of the Learned Commissioner of Income Tax (Appeals)/Addl/JCIT(A), (hereinafter referred to as ‘Ld.CIT‘), Thiruvanantpuram, dated 24.01.2024 for the Assessment Year (hereinafter referred to as ‘AY‘) 2013-14.
At the outset, the Ld.AR of the assessee brought to our notice that assessee has opted for Vivad-Se-Vishwas Scheme, 2024 (hereinafter in short ‘VSVS-2024’) and pursuant to it, assessee has filed Form-1 dated 11.12.2024, and pursuant to which, the designated authority [PCIT] has issued Form-2, dated 30.01.2025, copy of which is filed before us. And that the assessee is remitting of Rs. (-)2,07,887/- to settle the issue under VSVS-2024. Therefore, before us, the assessee expressed its desire to withdraw the appeal and the Revenue doesn’t object to such a proposal. Therefore, we allow the request of the assessee to withdraw the appeal.
In the light of the aforesaid discussion, appeal stands dismissed as withdrawn.
In the result, appeal filed by the assessee is dismissed as withdrawn under VSVS-2024.
Order pronounced on the 13th day of June, 2025, in Chennai.