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Facts
The assessee filed an appeal against an order of the CIT(A) for the assessment year 2014-15. During the hearing, the assessee's counsel informed the Tribunal that the assessee had opted for the Vivad Se Vishwas Scheme (VSVS) 2024 and requested to withdraw the appeal.
Held
The Income Tax Appellate Tribunal dismissed the appeal as withdrawn, noting that the Departmental Representative did not object. The Tribunal granted the assessee the liberty to revive the appeal if their VSVS declaration is rejected for any reason.
Key Issues
Whether the appeal should be dismissed as withdrawn given that the assessee opted for the Vivad Se Vishwas Scheme (VSVS) 2024.
Sections Cited
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Income Tax Appellate Tribunal, “SMC” BENCH, COCHIN
Before: Shri Inturi Rama Rao
Asst.Year 2014-2015 Puthussery Kattalan Antony The Income Tax Officer Benny, v. Ward 1(1) Puthussery Kattalan House Thrissur. Potta P.O., Perambras Thrissur – 680 722. PAN : AUYPB6051C. (Appellant) (Respondent) Appellant by : Sri.Suresh Babu, CA Respondent by : Smt.Leena Lal, Senior AR Date of Date of Hearing : 03.02.2025 Pronouncement : 10.02.2025 O R D E R This appeal filed by the assessee is directed against the order of the National Faceless Assessment Centre / Commissioner of Income- tax (Appeals) [“CIT(A)” for short] dated 23.08.2024 having DIN & Order No.ITBA/NFAC/S/250/2024-25/1067915699(1) for the assessment year 2014-2015.
At the outset, the learned Counsel for the assessee pointed out that the assessee opted for VSVS 2024 and hence the present appeal may be dismissed as withdrawn.
The learned Departmental Representative did not object to the withdrawal of the appeal by the assessee.
. Puthussery Kattalan Antony Benny. 4. In view of the fact that the assessee opted for VSVS 2024, I dismiss this appeal filed by the assessee as withdrawn with the liberty to the assessee to revive appeal before the Tribunal, if the declaration filed come to be rejected for any reason whatsoever.
In the result, the appeal filed by the assessee is dismissed.
Order pronounced on this 10th day of February, 2025.