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Facts
The assessee applied for settlement of dispute under the Direct Tax Vivad Se Vishwas Scheme, 2025, and sought withdrawal of the appeal. The assessee received Form No. 2 under the scheme, indicating the dispute was settled.
Held
The assessee's request for withdrawal of the appeal was heard and granted. The Departmental Representative did not raise any objection to the withdrawal.
Key Issues
Whether the assessee is permitted to withdraw the appeal based on settlement under the Vivad se Vishwas Scheme.
Sections Cited
143(3), 147, 1961
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Income Tax Appellate Tribunal, RAJKOT BENCH, RAJKOT
Before: DR. ARJUN LAL SAINI, AM &
आदेश /O R D E R
PER DINESH MOHAN SINHA, JM:
Captioned appeal filed by the assessee is directed against the order passed by the National Faceless Appeal Centre [(in short “NFAC/Ld. CIT(A)”] vide order dated 28.02.2023,which in turn assessment order passed by Assessment Unit, Income Tax Department / Assessing Officer under section 143(3) r.w.s. 147 of the Income Tax Act, 1961 (in short “the Act”), vide order dated 18.12.2019.
At the outset itself, Shri Samir Bhuptani, Learned Counsel for the assessee, submitted before the Bench that assessee has applied for settlement of dispute under the scheme of the “Direct Tax Vivad Se Vishwas Scheme, 2025”. That the assessee prayed for withdrawal of the appeal from this Tribunal to which, the learned Departmental Representative (DR) did not raise any objection.
That the assessee has received Form No. 2 (Vide Acknowledgement No. 802386291020125) under rule 5 of the under Direct Tax Vivad se Vishwas Scheme, 2024 (Dispute Settled) issued by Revenue Department. (copy of order Form No. 2 is placed on record.)
We have heard both the parties and gone through the request of the assessee for withdraw the appeal. We permit the assessee for withdraw the appeal.
Order is pronounced in the open court on 09/04/2025.