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Facts
The Revenue's appeal for Assessment Year 2015-16 arose against an order related to proceedings under Section 147 read with Section 144 of the Income Tax Act, 1961. The assessee's counsel stated that the assessee had submitted Form 2 & 4 under the Direct Tax Vivad Se Vishwas Scheme, 2024.
Held
The Revenue did not dispute the assessee's averment regarding the submission of forms under the Vivad Se Vishwas Scheme. The Tribunal heard both parties and perused the case file. The appeal was dismissed.
Key Issues
Whether the appeal filed by the Revenue is maintainable in light of the assessee opting for the Direct Tax Vivad Se Vishwas Scheme, 2024.
Sections Cited
147, 144, Income Tax Act, 1961
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Income Tax Appellate Tribunal, DELHI BENCH ‘SMC’, NEW DELHI
Before: Sh. Satbeer Singh Godara
ORDER This Revenue’s appeal for Assessment Year 2015-16 arises against the CIT(A)/NFAC, Delhi’s DIN & order No. ITBA/NFAC/S/250/2025-26/1081511509(1) dated 07.10.2025, in proceedings u/s 147 r.w.s. 144 of the Income Tax Act, 1961 (in short “the Act”).
Heard both the parties at length. Case file perused.
Learned counsel for the assessee submits during the course of hearing that the assessee has already submitted it’s Form 2 & 4 before the prescribed authority for settling the dispute under the Direct Tax Vivad Se Vishwas Scheme, 2024.
The Revenue is equally fair in not disputing this clinching averments made by the assessee at this stage.