HUMAN BIOSCIENSES INDIA LIMITED,AHMEDABAD vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 10(1), DELHI AND CIT(A), NFAC, DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘B’: NEW DELHI
Before: SHRI MAHAVIR SINGH, HON’BLE & SHRI AVDHESH KUMAR MISHRA
PER AVDHESH KUMAR MISHRA, AM
The appeal filed by the assessee is directed against the order dated
22.11.2024 of the Commissioner of Income Tax (Appeals), NFAC, New
Delhi [in short, the ‘CIT(A)’].
2. The assessee has filed an application dated 14.05.2025 for withdrawal of appeal on the reasoning that it has opted to settle the disputed issues under the Vivad se Vishwas Scheme, 2024 [in short ‘VSVS’]. The assessee has placed on record the copy of Form No. 2 filed under VSVS, 2024. It is Human Bioscienses India Ltd.
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prayed for liberty to revive the appeal in case application of the assessee fails to mature for any reason under Vivad se Vishwas Scheme, 2024. 3. The Ld. Sr. DR raised no objection to withdrawal of appeal by the assessee.
4. In view of the above-mentioned application of the assessee, this appeal of the assessee for AY 2013-14 is dismissed as withdrawn as the assessee has opted to settle the disputed issues under Vivad se Vishwas Scheme.
Liberty is granted to the assessee to revive this appeal in case its application under 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 In view of the above, the appeal of the assessee stands dismissed as withdrawn.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 23rd May, 2025 (MAHAVIR SINGH) (AVDHESH KUMAR MISHRA)
VICE PRESIDENT ACCOUNTANT MEMBER
Dated: 23/05/2025
Binita, Sr. PS