DEPUTY COMMISSIONER OF INCOME TAX-1, KANPUR vs. SHRI MANISH AGARWAL, KANPUR

PER ANADEE NATH MISSHRA:A.M.

(A)
This appeal vide I.T.A. No.60/Lkw/2019 has been filed by Revenue pertaining to assessment year 2014-15 against impugned appellate order dated 28/11/2018 passed by learned Commissioner of Income Tax
(Appeals) [“CIT(A)” for short].

(B)
During the course of hearing, it was noticed that the assessee has intimated vide letter dated 07/05/2025 that the assessee has opted for Vivad Se Viswas Scheme-2024 (“VSVS” for short). As the assessee has opted for VSVS, this appeal has become infructuous and is treated as Appellant by Shri Sunil Kumar Rajwanshi,
Addl. CIT (D.R.)
Respondent by Shri P. K. Kapoor, C. A.

I.T.A. No.60/Lkw/2019
Assessment Year:2014-15
2

withdrawn; as submitted by learned Departmental Representative at the time of hearing. However, learned A.R. for assessee requested to keep appeal proceeding in abeyance. We are in agreement with the submissions made by the learned Departmental Representative. In view of the foregoing, the appeal of Revenue is dismissed as infructuous and is treated as withdrawn on account of assessee opting for VSVS.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 Revenue is dismissed as infructuous.

(Order pronounced in the open court on 15/05/2025) . .
(KUL BHARAT) (ANADEE NATH MISSHRA)
Vice President Accountant Member

Dated:15/05/2025
*Singh

Copy of the order forwarded to :