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Facts
The assessee's appeal was directed against an order passed under Section 250 of the Income Tax Act, 1961. The assessee filed a letter stating they had opted for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Held
The Tribunal noted the assessee's decision to opt for the Vivad Se Vishwas Scheme and accordingly dismissed the appeal as withdrawn. Liberty was granted to revive the appeal if the scheme settlement was unsuccessful.
Key Issues
Whether the appeal should be dismissed as withdrawn due to the assessee opting for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Sections Cited
250
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Income Tax Appellate Tribunal, ‘B’ BENCH, CHENNAI
Before: SHRI GEORGE GEORGE KAND SHRI S.R. RAGHUNATHA
आयकर अपील"य अ"धकरण, ‘बी’ "यायपीठ, चे"न IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI "ी जॉज" जॉज" के, उपा"य" एवं "ी एस.आर.रघुनाथा, लेखा सद"य के सम" BEFORE SHRI GEORGE GEORGE K, VICE PRESIDENTAND SHRI S.R. RAGHUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 3162/CHNY/2024 िनधा"रण वष"/Assessment Year: 2016-17 Smt.Damodaran Padma, Income Tax Officer, 26/27, Erabalu Chetty Street, Vs. Corporate Ward-6(3) Mannadi,Chennai-600 001. Chennai. PAN: AFXPP-8280-M (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant by : Mr. P.M. Kathir, Advocate ""यथ" क" ओर से/Respondent by : Ms.Gauthami Manivasagam, JCIT सुनवाई क" तारीख/Date of Hearing : 18.02.2025 घोषणा क" तारीख/Date of Pronouncement : .02.2025 आदेश /O R D E R PER GEORGE GEORGE K, VICE PRESIDENT: