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Income Tax Appellate Tribunal, LUCKNOW BENCH A, LUCKNOW
Before: SHRI ANADEE NATH MISSHRA & SHRI SUBHASH MALGURIA
2013-14 against impugned appellate order dated 01/01/2024 (DIN & Order No.ITBA/NFAC/S/250/2023- 24/1059261270(1) of Commissioner of Income Tax (Appeals) [“CIT(A)”] for short].
(B) During the course of hearing, it was noticed that the assessee has submitted an application dated 01/02/2025 requesting the Bench that since the assessee has opted for Vivad Se Viswas Scheme-2024 “(VSVS” for short) and designated authority has issued certificate in Form No. 1 on 07/01/2025 and Form No. 2 on 16/01/2025, the assessee may be permitted to withdraw the present appeal. Copy of Form No. 1 and Form 2 were also enclosed. Learned D.R. expressed no objection. In view of the foregoing, the appeal of the assessee is dismissed as withdrawn on account of assessee opting for VSVS.
(C) By way of abundant caution, we clarify that assessee 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(D) In the result, the appeal of the assessee is dismissed as withdrawn.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 07/02/2025)
Sd/. Sd/. (ANADEE NATH MISSHRA) ( SUBHASH MALGURIA ) Accountant Member Judicial Member Dated:07/02/2025 *Singh