Income Tax Appeal Withdrawn Due to Opting for DTVSV Scheme: ITAT Dismisses Appeal with Conditional Clause of Revival

The Income Tax Appellate Tribunal (ITAT) dismissed an appeal on the grounds that the taxpayer had opted for the Direct Tax Vivad Se Vishwas (DTVSV) scheme. This decision comes after the taxpayer withdrew the appeal as part of the scheme’s provisions. The ITAT confirmed that once the scheme is chosen, any related appeal must be withdrawn. However, the tribunal attached a conditional clause that allows for the revival of the appeal if the taxpayer fails to comply with the scheme's terms. This ruling provides clarity on the procedural aspects of the DTVSV scheme and the binding nature of its provisions.