U.P.I.B.CO-OPERATIVE SOCIETY LTD.,LUCKNOW vs. ITO-2(5), LUCKNOW
Income Tax Appellate Tribunal, SMC BENCH, LUCKNOW
Before: SHRI. SUDHANSHU SRIVASTAVAAssessment Year: 2017-18
This appeal has been preferred by the assessee against the order dated 07.12.2023, passed by the National Faceless
Appeal Centre, Delhi (NFAC) for Assessment Year 2015-16. 2. During the course of hearing, the Ld. Authorized
Representative for the assessee (Ld. A.R.) sought for adjournment and in this regard an application has been moved by the assessee, vide dated 26.11.2024, wherein it has been stated that the assessee has already filed Form No.1 under Direct Tax Vivad
Se Vishwas Scheme, 2024 (DTVSV, 2024) before the Income Tax
Department and the Ld. Principal Commissioner of Income Tax,
Lucknow (designated authority) has issued Form No.2 on Page 2 of 2
11.2024. The copy of Form No.2 dated 20.11.2024 is placed on record. 3. In view of the fact that the assessee having opted for Direct Tax Vivad Se Vishwas Scheme, 2024, with the consent of the Ld. A.R., the appeal of the assessee is dismissed and the same is consigned to the records with the liberty to the assessee to approach the Tribunal again in case the assessee’s application under Direct Tax Vivad Se Vishwas Scheme, 2024 is not finally accepted by the Department. 4. In the result, the appeal of the assessee is dismissed for statistical purposes.
Order pronounced in the open Court on 30/01/2025. [SUDHANSHU SRIVASTAVA]
JUDICIAL MEMBER
DATED:30/01/2025
JJ: