ITAT dismisses Revenue's Appeal as Assessee Settles Dispute under Vivad Se Vishwas Scheme, 2024 [Read Order]
Vivad se Viswas Scheme 2024 can be understood as an efficient way to settle tax-related disputes and matters, especially when compared to the long court proceedings
![ITAT dismisses Revenues Appeal as Assessee Settles Dispute under Vivad Se Vishwas Scheme, 2024 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Vivad-Se-Vishwas-Scheme-ITAT-taxscan.jpg "ITAT dismisses Revenues Appeal as Assessee Settles Dispute under Vivad Se Vishwas Scheme, 2024 [Read Order]")
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed an appeal filed by the Revenue against the assessee, Vipulbhai Labhubhai Patel, for the Assessment Year 2016-17 after the assessee settled the dispute under the Direct Tax Vivad Se Vishwas Scheme, 2024. Read more: Huawei Telecommunications (India) Withdraws ITAT Appeals After Opting for Vivad se Vishwas...
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed an appeal filed by the Revenue against the assessee, Vipulbhai Labhubhai Patel, for the Assessment Year 2016-17 after the assessee settled the dispute under the Direct Tax Vivad Se Vishwas Scheme, 2024.
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Coming to the facts of the present case, it is to be noted that the revenue has appealed against the order dated 06.11.2023, passed by the Commissioner of Income Tax (Appeals), [CIT(A)] National Faceless Appeal Centre (NFAC), Delhi.
During the hearing, the assessee's counsel, Shri Parimalsinh B. Parmar, submitted that the disputed tax amount of Rs. 31,70,939 had been paid under the Vivad Se Vishwas Scheme, as evidenced by Form No. 2 and a challan dated 01.02.2025.
The Revenue’s counsel, Senior DR Ms. Malarkodi R., acknowledged the submission and the challan filed by the assessee.
Read More: Vivad Se Vishwas Scheme 2024 opted by Assessee: ITAT dismisses Appeal as Withdrawn [Read Order]
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Vivad se Viswas Scheme 2024 can be understood as an efficient way to settle tax-related disputes and matters, especially when compared to the long court proceedings.
Read more: Assessee opts for Vivad se Vishwas Scheme: ITAT allows assessee to withdraw appeal
The bench noted that “We have perused Form No.2 dated 29.01.2025, issued as per Rule 5 under sub-section (1) of Section 92 of the Finance (No.2) Act, 2024 (under the Direct Tax Vivad Se Vishwas Scheme, 2024), and also that of the challan dated 01.02.2025 and thus noted that the dispute in respect of ITA No. 6/Ahd/2024 for AY 2016-17 appears to be settled by the assessee.”
Finally, after going through the documents, the tribunal noted that the dispute had been resolved, making the revenue's appeal infructuous. Consequently, the appeal was disposed of and dismissed. The ITAT, comprising Narendra Prasad Sinha (Accountant Member) and Suchitra R. Kamble (Judicial Member), disposed of the appeal that was filed by the revenue.
To Read the full text of the Order CLICK HERE
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