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Facts
The assessee filed an appeal against an order of the CIT(A) for the assessment years 2019-20. The assessee has now opted for the VSVS scheme 2024 and wishes to withdraw the appeal.
Held
The Tribunal noted that the assessee's counsel informed them about the decision to opt for the VSVS scheme and the desire to withdraw the appeal. Consequently, the appeal was dismissed as withdrawn.
Key Issues
Whether the assessee is allowed to withdraw the appeal after opting for the VSVS scheme.
Sections Cited
250
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Income Tax Appellate Tribunal, ‘A’ BENCH: CHENNAI
Before: SHRI ABY T VARKEY & SHRI AMITABH SHUKLA
Word of Christ Ministries, Income Tax Officer, No.100/3, Medavakkam Tank Road, (Exemptions) – Ward-3, Kilpauk S.O, Kilpauk, Chennai. Chennai-600 010. [PAN: AAATW0341C] (प्रत्यर्थी/Respondent) (अपीलार्थी/Appellant) अपीलार्थी की ओर से/ Assessee by : Ms.Samuktha Banusekar, Advocate. प्रत्यर्थी की ओर से /Revenue by : Dr.I.Roopa, Addl, CIT सुिवाई की तारीख/Date of Hearing : 27.02.2025 घोर्णा की तारीख /Date of Pronouncement : 26.03.2025 आदेश / O R D E R PER AMITABH SHUKLA, A.M : This appeal is filed by the assessee against the order bearing DIN & Order No.ITBA/APL/S/250/2024-25/1069089386(1) dated 25.09.2024 of the Learned Commissioner of Income Tax [herein after “CIT(A), for the assessment years 2019-20. Through the aforesaid appeal the assessee has challenged order u/s 250 dated 25.09.2024 passed by Addl / JCIT(A)-2, Pune.
Page - 1 - of 2 2.0 At the outset, the Ld. Counsel for the assessee has informed that the assesse has opted for VSVS scheme 2024 and hence would like to withdraw its appeal.
3.0 In view of the above, the appeal is dismissed as withdrawn.
4.0 In the result, the appeal of the assesse is dismissed.