2024 (12) TMI 556 - AT - Income Tax

Challenge to order passed u/s 250 by NFAC/CIT(A) - assessee filed a letter along with a copy of Form 1 filed under Direct Tax Vivad Se Vishwas Scheme, 2024 and stated that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2024. HELD THAT - In light of the above letter, we dismiss the appeal of the assessee with the liberty to reinstate the appeal if its application under Direct Tax Vivad Se Vishwas Scheme, 2024, is not accepted. Appeal filed by the assessee is dismissed as withdrawn.

Summary

The Appellate Tribunal ITAT Mumbai dismissed the appeal filed by the assessee challenging an order under section 250 of the Income Tax Act, 1961 for the assessment year 2017-18. The appeal was dismissed as withdrawn after the assessee opted for the Direct Tax Vivad Se Vishwas Scheme, 2024. The order was pronounced on 29/11/2024.