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Facts
The assessee filed an appeal against the order passed under section 250 of the Income-tax Act, 1961. During the hearing, the assessee's Authorized Representative stated that the assessee has opted for the Direct Tax Vivad Se Vishwas, 2024 scheme.
Held
The assessee sought permission to withdraw the appeal due to opting for the Vivad Se Vishwas scheme. The Senior Departmental Representative did not object to the withdrawal request. The Tribunal agreed to treat the appeal as withdrawn.
Key Issues
Whether the appeal can be withdrawn by the assessee due to opting for the Direct Tax Vivad Se Vishwas, 2024 scheme.
Sections Cited
250 of the Income-tax Act, 1961
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Income Tax Appellate Tribunal, SURAT BENCH, SURAT
Before: SHRI PAWAN SINGH & SHRI BIJAYANANDA PRUSETH
आदेश / O R D E R
PER BIJAYANANDA PRUSETH, AM:
This appeal by the assessee emanates from the order passed under section 250 of the Income-tax Act, 1961 (in short, ‘the Act’) dated 29.07.2024 by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi [in short, ‘CIT(A)’] for the assessment year (AY) 2018-19.
At the outset of hearing, the learned Authorized Representative (ld. AR) of the assessee submits that assessee has opted for Direct Tax Vivad Se Vishwas, 2024 (in short, ‘DTVSV, 2024’) and hence seeks permission of the Tribunal to withdraw the appeal, to which, the learned Senior Departmental Representative (ld. Sr. DR) did not raise any objection. Consequently, we treat this appeal as withdrawn.
2 ITA.991/SRT/2024/AY.2018-19 Jagdishbhai Chhaganbhai Patel