22 January 2025
The Assessee has no option to withdraw the appeal directly. The option is, at the time of first Appeal hearing itself, the Assessee is required to file an application before the Appellate Authority stating that the Assessee got rectification of order and requesting the appellate authority to pass an order allowing the permission to withdraw the appeal filed.
22 January 2025
Yes, Taxpayers must withdraw any ongoing appeals related to disputed income, interest, penalty, or fee before the Income Tax Appellate Tribunal (ITAT), Commissioner (Appeals), or Joint Commissioner (Appeals) upon filing a declaration under the DTVSV scheme. This withdrawal is effective from the date the designated authority issues a certificate confirming the settlement.