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Facts
The appeals were filed by the Assessee against orders dated 09.08.2024 from the Commissioner of Income Tax (Appeals)/NFAC for Assessment Years 2011-12 & 2012-13. The Assessee requested an adjournment to opt for the Vivad Se Vishwas Scheme.
Held
The Tribunal noted the adjournment request and dismissed the appeals. However, it granted liberty to the Assessee to seek restoration if they fail to avail the VSV Scheme for bonafide reasons.
Key Issues
Whether the appeals should be dismissed due to an adjournment request to opt for a scheme, and if the assessee can seek restoration.
Sections Cited
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Income Tax Appellate Tribunal, AHMEDABAD “SMC” BENCH
Before: DR. BRR KUMAR
आदेश/ORDER
The captioned two appeals are filed by the Assessee as against the appellate orders dated 09.08.2024 passed by the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre(NFAC), relating to the Assessment Years 2011-12 & 2012-13.
-763/Ahd/2024 A.Y. 2011-12 & 2-12-13 Page No 2
At the outset, the assessee vide letter dated 28.02.2025 submitted that he has decided to opt for Vivad Se Vishwas Scheme and consequently requested for adjournment of the case.
In light of written adjournment and the reason thereof the appeals are dismissed. 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 appeals for hearing before ITAT in accordance with law.
In the result, the appeals filed by the Assessee are hereby dismissed.