Facts of the Case
The
assessee filed three appeals before the Income Tax Appellate Tribunal against
the impugned appellate orders dated 03.04.2024 passed by the learned
Commissioner of Income Tax (Appeals) for Assessment Years 2014-15 to 2016-17.
During
the course of hearing, it was noticed that the assessee had submitted an
application dated 20.03.2025 stating that he had opted for the Vivad Se Vishwas
Scheme, 2024 (“VSVS”).
It
was further stated that Form-3 had been filed and the due taxes had been paid.
The assessee requested permission to withdraw the appeals.
Issues Involved
- Whether the
pending appeals should be dismissed as infructuous upon the assessee
opting for the Vivad Se Vishwas Scheme, 2024.
- Whether the
Tribunal should grant liberty for restoration if disputes are not
ultimately settled under the Scheme.
Petitioner’s Arguments
- He had opted for
the Vivad Se Vishwas Scheme, 2024.
- Form-3 had been
filed.
- The required
taxes had been paid.
- The pending
appeals may therefore be permitted to be withdrawn.
Respondent’s Arguments
The
learned Departmental Representative expressed no objection to dismissal of the
appeals as infructuous on account of the assessee opting for the Vivad Se
Vishwas Scheme.
Court Order / Findings
- The assessee had
opted for settlement under the Vivad Se Vishwas Scheme, 2024.
- Form-3 had been
filed and taxes had been paid.
- The Revenue had
no objection to withdrawal.
Accordingly,
the Tribunal dismissed all the appeals as infructuous on account of the
assessee opting for the Vivad Se Vishwas Scheme.
The
Tribunal further clarified that the assessee shall be at liberty to approach the
ITAT for restoration of the appeals if it is found that the issues in dispute
are not settled under the aforesaid Scheme.
Important Clarification
The
Tribunal did not adjudicate the merits of the issues raised in the appeals. The
dismissal was solely due to settlement under the Vivad Se Vishwas Scheme, 2024.
Link to download the order - https://www.mytaxexpert.co.in/uploads/1770885679_ASHWANISINGHFATEHPURVS.ITONFACDELHI2.pdf
Disclaimer
This content is shared strictly for general information and
knowledge purposes only. Readers should independently verify the information
from reliable sources. It is not intended to provide legal, professional, or
advisory guidance. The author and the organisation disclaim all liability
arising from the use of this content. The material has been prepared with the
assistance of AI tools.
0 Comments
Leave a Comment