ASSTT. COMMISSIONER OF INCOME TAX, FAIZABAD vs. SHRI SANTOSH KUMAR SINGH, FAIZABAD

has been filed by Revenue for assessment year 2013-14 against impugned appellate order dated 30/03/2016 of Commissioner of Income Tax (Appeals) [“CIT(A)”] for short].

(B) During the course of hearing, learned Counsel for the assessee submitted that the assessee has opted for Vivad Se Viswas Scheme-2024 and requested the Bench that since the assessee has opted for Vivad Se Assessment Year:2013-14 2 Viswas Scheme-2024 (“VSVS” for short) and designated authority has issued certificate in Form-4 on 13th January, 2025, for full and final settlement of tax arrears, the appeal filed by Revenue has become infructuous and may be dismissed. Copy of Form No. 4 was also enclosed. Learned Departmental Representative for Revenue expressed no objection. In view of the foregoing, the appeal of Revenue is dismissed as infurctuous on account of assessee opting for VSVS.

(C) By way of abundant caution, we clarify that Revenue will be at liberty to approach Income Tax Appellate Tribunal for restoration of appeal if it is found that the issue in dispute in present appeal is not settled under aforesaid VSVS.

(D) In the result, the appeal of the assessee is dismissed as withdrawn.

(Order was pronounced in the open court on 22/05/2025)