VIJAYLATA RAHUL CHHAJED,MUMBAI vs. ITO WARD 25 (1)(4), MUMBAI
In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.
What did the Tribunal hold?
The assessee sought withdrawal of the appeal as the matter was settled under the Vivad Se Vishwas Scheme 2020. The Departmental Representative did not oppose the prayer.
What were the facts?
The assessee filed an appeal before the ITAT. The assessee subsequently filed a petition seeking withdrawal of the appeal.
What were the issues?
Whether an appeal settled under the Vivad Se Vishwas Scheme should be withdrawn.
Which sections of the Income-tax Act were involved?
Vivad Se Vishwas Scheme 2020
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, MUMBAI ‘F’ BENCH, MUMBAI
O R D E R Per Pramod Kumar, VP:-
The assessee has moved petition seeking withdrawal of this appeal, on the ground that the matter is settled under Vivad Se Vishwas Scheme 2020.
Learned Departmental Representative does not oppose the prayer so made by the assessee.
There is no dispute that once the matter is resolved under Vivad Se Vishwas Scheme 2020, the related appeal is required to be withdrawn.
Assessment Year: 2014-15 Page 2 of 2 4. In view of the above position, as also bearing in mind entirety of the case, we deem it fit and proper to dismiss this appeal as withdrawn.
In the result, the appeal is dismissed as withdrawn. Pronounced in the open court today on the 07th day of July 2021.
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