ITAT Allows Withdrawal of Appeal with Option to Reinstate if Vivad Se Vishwas Application Fails

Ramrao Mannaji Nandakumari Vs ITO (ITAT Bangalore) Income Tax Appellate Tribunal (ITAT) Bangalore dismissed the appeal filed by the assessee, Ramrao Mannaji Nandakumari, against the order of the Joint Commissioner of Income Tax (Appeals)-2, Gurugram, dated September 3, 2024. The case pertained to the assessment year 2008-09. During the hearing, the assessee’s representative submitted an application dated December 27, 2024, requesting the withdrawal of the appeal. The withdrawal request was accompanied by Form-2, issued under Section 92(1) of the Finance (No. 2) Act, 2024, as part of the ...