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Facts
The assessee filed two appeals before the Income Tax Appellate Tribunal for AYs 2016-17 and 2017-18. The assessee opted for the Direct Tax Vivad Se Vishwas Scheme, 2024, and submitted Form No. 2 to this effect. The assessee then requested to withdraw the appeals.
Held
The Tribunal heard both parties and reviewed the submitted documents. The revenue did not object to the withdrawal of the appeals. Therefore, the Tribunal allowed the withdrawal of the appeals.
Key Issues
Whether the appeals can be permitted to be withdrawn by the assessee after opting for the Vivad se Vishwas Scheme.
Sections Cited
250 of the Income-tax Act, 1961, Direct Tax Vivad Se Vishwas Scheme, 2024
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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: These two appeals by the assessee emanate from the order passed under section 250 of the Income-tax Act, 1961 (in short, ‘the Act’) dated 24.11.2023 and 19.02.2024 by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi [in short, ‘CIT(A)’] for the assessment years (AY) 2016-17 and 2017-18 respectively. 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’). The copies of Form No.2 issued by the PCIT dated 09.01.2025 and 16.01.2025 are filed before the Tribunal. The ld. AR submitted letter dated 17.01.2025 with a request to permit to withdraw the appeals in (AY.2017-18).
We have heard both the parties and perused the materials available on record. We have also gone through the Form No.2, dated 09.01.2025 and 16.01.2025 filed by the assessee to opt the benefit of ‘VSVS, 2024’. The learned Senior Departmental Representative (ld. Sr. DR) for the revenue did not have any objection if both appeals are permitted to be withdrawn by the assessee. Consequently, we treat this appeal as withdrawn.
In the result, both the appeals of the assessee are dismissed as withdrawn.