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Facts
The assessee filed an appeal against the order of the National Faceless Appeal Centre for AY 2014-15. During the hearing, the assessee informed the Tribunal that they had already opted for the Vivad Se Vishwas Scheme 2024 and filed the necessary Form No. 1, requesting to withdraw the appeal. The Ld. DR did not object to this request.
Held
The Tribunal dismissed the appeal as withdrawn, granting the assessee the liberty to revive the appeal. This revival would be possible by filing a miscellaneous application if the assessee is not successful in the Vivad Se Vishwas Scheme 2024 for any reason whatsoever.
Key Issues
The primary issue was whether to allow the assessee to withdraw their appeal before the Tribunal, given their participation in the Vivad Se Vishwas Scheme 2024.
Sections Cited
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Income Tax Appellate Tribunal, “A(SMC
Before: SHRI RAJESH KUMAR, AM
This is an appeal preferred by the assessee against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the “Ld. CIT(A)”] dated 24.03.2023 for the AY 2014-15.
At the time of hearing, it was pointed out that the assessee has already gone into Vivad Se Vishwas Scheme 2024 ('VSVS 2024' Scheme) by filing form no.1, with the competent authority and therefore, prayed vide application dated 20.01.2025 that the assessee may be allowed to withdraw this appeal to which the ld. DR did not oppose.
Hence, I am dismissing the appeal as withdrawn with a liberty to the assessee to get the appeal revived by filing necessary miscellaneous application if the assessee is not successful in the VSVS-24, for any reason, whatsoever.
Order pronounced in the open court on 28.03.2025.