Nihar Prabhatbhai Desai Vs Assessment Unit (ITAT Ahmedabad)
In the case of Nihar Prabhatbhai Desai Vs Assessment Unit, the ITAT Ahmedabad dismissed the appeal filed by the assessee, citing its withdrawal due to the taxpayer’s application under the Vivad Se Vishwas Scheme 2024. The appeal had challenged the appellate order issued by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, related to an assessment order under Section 143(3) of the Income Tax Act for the Assessment Year 2020-21.
During the proceedings, the counsel for the assessee sought permission to withdraw the appeal, indicating the intention to resolve the matter through the Vivad Se Vishwas Scheme. The tribunal acknowledged the submission and allowed the withdrawal, formally dismissing the appeal. This decision underscores the increasing preference for the Vivad Se Vishwas Scheme as a mechanism for resolving tax disputes amicably and efficiently. The dismissal was recorded in open court on November 29, 2024.
FULL TEXT OF THE ORDER OF ITAT AHMEDABAD
This appeal is filed by the Assessee as against the appellate order dated 19.09.2023 passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, (in short referred to as “CIT(A)”), arising out of the assessment order passed under section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year 2020-21.
