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Facts
The assessee filed an appeal for assessment year 2013-14 against an order involving proceedings under section 147 r.w.s. 143(3) of the Income-tax Act, 1961. During the pendency of the appeal, the "VSVS" Scheme was introduced for resolution of tax disputes, and the assessee filed an application under this scheme.
Held
The assessee filed an application for withdrawal of the appeal, citing the "VSVS" Scheme. The Departmental Representative had no objection to the withdrawal application. Consequently, the appeal was dismissed as withdrawn.
Key Issues
Whether the assessee's appeal should be dismissed as withdrawn due to their application under the "VSVS" Scheme.
Sections Cited
147, 143(3), 144
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Income Tax Appellate Tribunal, AGRA BENCH, AGRA
Before: SHRI SATBEER SINGH GODARA & SHRI M. BALAGANESH
Date of hearing 03.02.2025 Date of pronouncement 03.02.2025 ORDER
Per Satbeer Singh Godara, Judicial Member:
1. This assessee’s appeal for assessment year 2013-14, arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the “CIT(A)/NFAC”], Delhi’s DIN and order no. ITBA/NFAC/S/250/2024-25/1065540606(1), dated 11.06.2024 involving proceedings under section 147 r.w.s. 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’).
2. The assessee appears to have filed his application dated 28.01.2025 for withdrawal of the instant appeal, as under:
“In above mentioned case the appellant filed appeal against under section 147/144 of the Act on 05.08.2024.
That in the meantime, the "VSVS" Scheme was introduced by the Government of India with a stated of resolution of Tax Disputes.
Accordingly upon being advised, Assessee filed an Application under the "VSVS" Scheme vide Acknowledgement dated 08.01.2025. Xerox copy of Form No. 1 is filed herewith and marked as Annexure- "A". Therefore, till Form No. 4 is issued by the Designated Authority the hearing in appeal may kindly be kept in abeyance.”