INDIAWIN SPORTS P. LTD.,MUMBAI vs. ACIT (CENTRAL CIRCLE) 6(2), MUMBAI
Income Tax Appellate Tribunal, MUMBAI “C” BENCH : MUMBAI
Before: SHRI VIKRAM SINGH YADAV & SHRI RAHUL CHAUDHARYAssessment Year : 2017-18
PER VIKRAM SINGH YADAV, A.M :
This is an appeal filed by the assessee against the order of the Learned
Commissioner of Income Tax (Appeals)-54, Mumbai [„Ld.CIT(A)‟], dated
31-12-2020, pertaining to Assessment Year (AY) 2017-18. 2. None appeared on behalf of the assessee. During the course of hearing, we find that assessee company seeks permission to withdraw the present appeal as the assessee-company has opted to avail Vivad Se
Viswas Scheme, 2024 (VsV Scheme). In this connection, the assessee company has filed a petition for withdrawal of the present appeal, wherein
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the assessee-company has sought permission to withdraw this appeal and the contents of the petition read as under:
“With reference to the captioned appeal, the Appellant submits that it has opted to settle the said appeal under the Direct Tax Vivad se Vishwas
Scheme, 2024 ("VSV Scheme, 2024"). Accordingly, a declaration and waiver of right in Form No. 1 have been filed with the Designated Authority on 27
December 2024. A copy of the filed Form No. 1 is enclosed as Annexure 1 for your reference.
Subsequently, the Appellant has received Form No. 2 dated 2 July 2025
determining tax payable of Rs. NIL. Copy of Form No. 2 is enclosed as Annexure 2. We wish to submit that we have not received email or SMS communication regarding the issuance of Form No. 2. Due to this inadvertent omission, there has been a delay in filing the withdrawal letter and subsequently Form No. 3. In light of the above, the Appellant craves leave to withdraw the captioned appeal pending before the Hon'ble Bench.”
The Ld. DR didn‟t raise any specific objection to such request for withdrawal of the subject appeal. 4. Having heard the ld DR and taking into consideration the petition so filed by the assessee, we are inclined to allow the appeal of the assessee to be withdrawn yielding to the prayer of the assessee-company and accordingly, dismiss the present appeal as withdrawn. 5. In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced in the open court on 04-09-2025 [RAHUL CHAUDHARY] [VIKRAM SINGH YADAV]
JUDICIAL MEMBER ACCOUNTANT MEMBER
Mumbai, Dated: 04-09-2025
TNMM
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Copy to :
1)
The Appellant
2)
The Respondent
3)
The CIT concerned
4)
The D.R, ITAT, Mumbai
5)
Guard file
By Order
Dy./Asst.