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Facts
The assessee filed an appeal against the appellate order dated 02.01.2024. The assessee had opted for the Vivad Se Vishwas Scheme and requested withdrawal of the appeal.
Held
The Tribunal noted the assessee's request for withdrawal due to opting for the Vivad Se Vishwas Scheme and the Revenue's no objection. Consequently, the appeal was dismissed as withdrawn.
Key Issues
Whether the appeal can be dismissed as withdrawn due to the assessee opting for the Vivad Se Vishwas Scheme.
Sections Cited
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Income Tax Appellate Tribunal, AHMEDABAD “SMC” BENCH
Before: DR. BRR, KUMAR & SHRI SIDDHARTHA NAUTIYAL
Nimeshkumar The Income Tax Mahendrabhai Patel, Officer, C/O Khodiyar Infotech Vs Ward 3(3)(5), D-389, Ahmedabad. Smurti Park, Nr. Super High School Odhav, Ahmedabad-380015. PAN: ANGPP1929G (Respondent) (Appellant) Assessee Represented: Shri M.S Chhajed, A.R Revenue Represented: Smt. Mamta Singh, 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 02.01.2024 passed by the Commissioner of Income Tax (Appeals), Mumbai, relating to the Assessment Year 2018-19. Page No 2
At the outset, the assessee vide letter dated 24.02.2025 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In the light of written requests made on behalf of the captioned parties, the appeal is dismissed as withdrawn.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In the result, the appeal filed by the Assessee is hereby dismissed as withdrawn.