Tax Dispute Settled Under Vivad Se Vishwas Scheme; Appeal Withdrawn with Option to Restore If Rejected.

The ITAT Mumbai dismissed the appeal as withdrawn due to the assessee's decision to settle under the Direct Tax Vivad Se Vishwas Scheme, 2020. The assessee retains the right to request the restoration of the appeal if the declaration under the scheme is not accepted.

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The ITAT Mumbai dismissed the appeal as withdrawn since the assessee opted for settlement under the Direct Tax Vivad Se Vishwas Scheme, 2020. The assessee has the liberty to seek restoration of the appeal if the declaration under the scheme is not accepted. Order pronounced on 5th April, 2021.

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