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Facts
The Revenue filed an appeal against an order passed by the Ld. CIT(A) for Assessment Year 2014-15. During the proceedings, the Revenue requested to withdraw its appeal, stating that it had availed of the Direct Taxes Vivad Se Vishwas Scheme, 2024, and submitted Form 4.
Held
The Tribunal considered the Revenue's request for withdrawal and allowed it. Consequently, the appeal was dismissed as having been withdrawn, in light of the Revenue opting for the Direct Taxes Vivad Se Vishwas Scheme, 2024.
Key Issues
Whether the Income Tax Appellate Tribunal should permit the Revenue to withdraw its appeal after the Revenue has opted for the Direct Taxes Vivad Se Vishwas Scheme, 2024.
Sections Cited
250
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Income Tax Appellate Tribunal, “CUTTACK BENCH, CUTTACK
Asst. Commissioner of Income Tax, Rourkela, Aayakar Bhawan, Uditnagar, Rourkela, Odisha - 769012 ..............…...…………….... Appellant vs. Y.K. Dalmia (HUF), Rourkela, W-7, Civil Township, Odisha - 769004 [PAN: AAAHY4445F] ......................................... Respondent Appearances by: Assessee represented by : None Department represented by : S.C. Mohanty, Sr. DR Date of concluding the hearing : 24.04.2025 Date of pronouncing the order : 02.05.2025 O R D E R
PER SANJAY AWASTHI, ACCOUNTANT MEMBER
The present appeal arises from order u/s 250 of the Income Tax Act, 1961 (hereinafter “the Act”), passed by the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [hereafter “the Ld. CIT(A)”] vide order dated 02.09.2024 for AY 2014-15.
1.1 In this case, the Revenue has requested for withdrawing of this appeal as he has availed of the Direct Taxes Vivad Se Vishwas Scheme, 2024. Form 4 issued by the Income Tax Authorities has been enclosed vide appellant’s letter dated 01.04.2025.
In light of this request for withdrawal of this appeal, we allow the same.
In the result, this appeal is dismissed, having been withdrawn
Order pronounced on 02.05.2025