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2022 (2) TMI 639 - ITAT JABALPURDirect Taxes Vivad Se Vishwas Act, 2020 - HELD THAT:- Though the process of settlement under the DTVSV Act has yet not been finalized, it is clear that the assessee does not intend to prosecute its' appeal, a statutory right granted under the Act, but to settle its' tax dispute under the said Act, having completed all the processes in this regard, viz. paying the tax; uploading Form 4 on the Revenue's E-portal, etc., as explained by Sh. Bardia. The said Act, which provides an alternate dispute resolution route for an assessee, whether as an appellant or respondent, rather itself provides for an automatic vacation of the relevant appeal on the tax dispute being settled thereunder. There was, therefore, and only understandably so, no objection to Sh. Bardia's request by Sh. Dayasagar, the Ld. CIT-DR. We accordingly have no hesitation in permitting withdrawal of the said appeal, which stands rendered not maintainable before the Tribunal, even as liberty for moving the Tribunal for restoration of the appeal is hereby granted where for any reason the assessee's application/s under the DTVs Act does not reach its logical end.
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