BHUPENDRAKUMAR MANILAL PATEL,VAPI vs. INCOME TAX OFFICER, WARD-1 , VAPI
Facts
The assessee appealed an order from the CIT(A) for AY 2007-08. The assessee opted for the Direct Tax Vivad Se Vishwas Scheme, 2024 and submitted Form No. 2. The assessee also submitted a letter to withdraw the appeal under the VSVS, 2024.
Held
The Tribunal heard both parties and reviewed the available materials, including Form No. 2. The Revenue's DR had no objection to the withdrawal of the appeal.
Key Issues
Whether the appeal can be dismissed as withdrawn by the assessee under the Direct Tax Vivad Se Vishwas Scheme, 2024.
Sections Cited
section 250 of the Income-tax Act, 1961
AI-generated summary — verify with the full judgment below
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 12.01.2024 by the learned Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, Delhi [in short, ‘CIT(A)’] for the assessment year (AY) 2007-08. 2. The learned Authorized Representative (ld. AR) of the assessee submitted that assessee has opted for the benefit of the Direct Tax Vivad Se Vishwas Scheme, 2024 (in short ‘the VSVS, 2024’). A copy of Form No.2 issued by the PCIT on 31.12.2024 is filed before the Tribunal. The ld. AR of
2 ITA.269/SRT/2024/AY.2007-08 Bhupendra Manilal Patel
the assessee submitted a copy of letter dated 13.02.2025 to withdraw the appeal under VSVS, 2024. 3. We have heard both the parties and perused the materials available on record. We have also gone through the Form No.2, dated 31.12.2024 issued by the Designated Authority under the VSVS, 2024. The ld. Sr. DR of the revenue did not have any objection, if the said appeal is withdrawn by the assessee. Consequently, we treat this appeal as withdrawn. 4. In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced on 18/02/2025 in the open court. Sd/- Sd/- (PAWAN SINGH) (BIJAYANANDA PRUSETH) JUDICIAL MEMBER ACCOUNTANT MEMBER Surat, Dated: 18/02/2025 SAMANTA Copy to: 1. Appellant 2. Respondent 3. CIT(A) 4. CIT 5. DR 6. Guard File
/True copy/ By order // TRUE COPY //
Assistant Registrar/Sr. PS/PS ITAT, Surat