Assessee opts for Vivad se Vishwas Scheme: ITAT allows assessee to withdraw appeal [Read Order]
The bench, by going through the facts of the captioned appeal filed by the assessee, noted that the assessee has opted for the Vivad se Vishwas Scheme of the department
![Assessee opts for Vivad se Vishwas Scheme: ITAT allows assessee to withdraw appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Assessee-opts-for-Vivad-se-Vishwas-Scheme-Vivad-se-Vishwas-Scheme-ITAT-ITAT-allows-assessee-to-withdraw-appeal-withdraw-appeal-Assessee-opts-taxscan.jpg "Assessee opts for Vivad se Vishwas Scheme: ITAT allows assessee to withdraw appeal [Read Order]")
The Ranchi bench of the Income Tax Appellate Tribunal ( ITAT ) allows the assessee to withdraw the captioned appeal as the assessee opts for the Vivad se Vishwas Scheme. The assessee has requested before the ITAT the permission to withdraw the present appeal as the assessee, Gajanand Bhalotia, has opted for the Vivad se Vishwas Scheme of the Department. The bench, by going through...
The Ranchi bench of the Income Tax Appellate Tribunal ( ITAT ) allows the assessee to withdraw the captioned appeal as the assessee opts for the Vivad se Vishwas Scheme.
The assessee has requested before the ITAT the permission to withdraw the present appeal as the assessee, Gajanand Bhalotia, has opted for the Vivad se Vishwas Scheme of the Department.
The bench, by going through the facts of the captioned appeal filed by the assessee, noted that the assessee has opted for the Vivad se Vishwas Scheme of the Department, which is extended up to 31st March 2025 as the date of the final application.
The ITAT bench observed that the assessee has placed on record such a petition and it is clear that the assessee is proceeding with the Vivad Se Vishwas Scheme, and due to that, there is no purpose served in keeping the matter pending before the Tribunal since the assessee has taken recourse to settlement through the referred Scheme of the Department.
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The assessee has withdrawn the appeal, and accordingly, the case is dismissed as withdrawn. However, if the assessee is unable to resolve the matter through the Vivad Se Vishwas Scheme due to legal limitations, he has the right to request the restoration of the appeal.
The departmental representative (DR) has also agreed to this arrangement. The assessee himself has filed the withdrawal petition, and it has been recorded. This means that while the case is currently closed, the assessee retains the option to reopen it if the intended resolution under the scheme does not materialise.
The Judicial Member, Partha Sarathi Chaudhury, allowed to withdraw the assessee’s appeal, and thus it was dismissed.
None appeared for the assessee and the department was represented by Khubchand T. Pandya, Senior Departmental Representative.
To Read the full text of the Order CLICK HERE
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