GE ENERGY POWER CONVERSION GROUP PREVIOUSLY KNOWN AS FINANCIERE CVT,FRANCE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1(3)(1) INTERNATIONAL TAXATION, NEW DELHI

PER AVDHESH KUMAR MISHRA, AM

This appeal filed by the assessee is directed against the assessment order dated 04.10.2023 passed by the Assessing officer under section 143(3)/144C(13) of the Income Tax Act, 1961 (Act).
2. The assessee has filed an application dated 19.05.2025 for withdrawal of this appeal on the reasoning that it has opted to settle the disputed issues under the Vivad se Vishwas Scheme, 2024. The assessee has placed on the record the copy of Form No. 2 filed under the Vivad se
GE Energy Power Conversion
Group
2
Vishwas Scheme, 2024. It is prayed for liberty to revive this appeal in case the application of the assessee fails to mature for any reason under the Vivad se Vishwas Scheme, 2024. 3. The Ld. Sr. DR raised no objection to withdrawal of this appeal by the assessee.
4. In view of the above-mentioned application of the assessee, the appeal of assessee for Assessment Year 2021-22 is dismissed as withdrawn as the assessee has opted to settle the disputed issues under the Vivad se
Vishwas Scheme, 2024. Liberty is granted to the assessee to revive this appeal in case its application under the Vivad se Vishwas Scheme, 2024
fails to mature.
5. In view of the above, the appeal of the assessee stands dismissed as withdrawn.
Order pronounced in open Court on 6th June, 2025 (MAHAVIR SINGH) (AVDHESH KUMAR MISHRA)
VICE PRESIDENT ACCOUNTANT MEMBER

Dated: 06/06/2025
Binita, Sr. PS