Loading judgment…
Facts
The assessee opted for the Vivad Se Vishwas Scheme and requested withdrawal of the appeal. The Departmental Representative had no objection to the withdrawal.
Held
The Tribunal noted the assessee's request for withdrawal due to opting for the Vivad Se Vishwas Scheme and dismissed the appeal as withdrawn.
Key Issues
Whether the appeal can be dismissed as withdrawn based on the assessee opting for the Vivad Se Vishwas Scheme.
Sections Cited
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AHMEDABAD “B” BENCH
Before: DR. BRR, KUMAR & SHRI SIDDHARTHA NAUTIYAL
PAN: AABCC1413H (Respondent) (Appellant) Assessee Represented: Shri Bhadresh R Shah, CA Revenue Represented: Shri B.P Srivastava, Sr.D.R. Date of hearing : 24.02.2025 Date of pronouncement : 24.02.2025 आदेश/ORDER PER : DR. BRR KUMAR, VICE PRESIDENT:
This appeal is filed by the Assessee as against the appellate order dated 06.12.2023 passed by the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre, Delhi, relating to the Assessment Year 2017-18. Page No 2
At the outset, the assessee vide letter dated 18.02.2025 submitted that he has opted for Vivad Se Vishwas Scheme and consequently requested that his application for withdrawal of appeal may please be granted. The assessee has filed Form No.1 under the Direct Tax Vivad Se Vishwas Scheme, 2024.
The ld. Departmental Representative for the Revenue stated that he has no objection to withdraw the appeal in the circumstances narrated on behalf of the assessee.
In the light of written requests made on behalf of the captioned parties, the appeal is dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of VSV Scheme for any bonafide reasons, then the assessee concerned will be at liberty to seek restoration of original appeal for hearing before ITAT in accordance with law.
In the result, the appeal filed by the Assessee is hereby dismissed as withdrawn.