ITAT Dismisses Assessee’s Appeal with Liberty to Revive if Vivad Se Vishwas Scheme Fails

The ITAT dismissed the assessee's appeal but granted liberty to revive it if the Vivad se Vishwas scheme fails. This decision highlights the interaction between regular appeals and the Vivad se Vishwas scheme, which aims to resolve tax disputes amicably. The ITAT's approach provides a pathway for taxpayers to pursue both options. This allows taxpayers to benefit from the scheme while preserving their right to appeal if it's unsuccessful.