2026 (5) TMI 392

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....ARTHA SARATHI CHAUDHURY, JM The captioned appeals preferred by the assessee emanates from the respective orders of the Ld.CIT(Appeals)/NFAC, Delhi dated 08.01.2026 for the assessment year 2014-15 as per the grounds of appeal on record. 2. At the time of hearing, none appeared for the assessee. However, an adjournment petition has been filed which is rejected. The matters are heard after reco....

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....ty without verifying the issue whether the quantum had been settled under Vivad Se Vishwas Scheme, 2024 or not. That suppose, quantum is settled as per Vivad Se Vishwas Scheme, 2024, then penalty shall not have any legs to stand. More so, the right to appeal is of the aggrieved party and suppose as in this case, the aggrieved party herself wants to withdraw the appeal, it is prerogative of the agg....

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....(c) of the Act in spite of the fact that the assessee had opted for Vivad Se Vishwas Scheme, 2024 and had requested for withdrawal of the appeal before the Ld. CIT(Appeals)/NFAC. 5. Considering the totality of the facts and circumstances, when the assessee herself had opted for Vivad Se Vishwas Scheme, 2024 which has been accepted and relevant Form IV has been provided to the assessee, it was t....