FRACTAL ANALYTICS PRIVATE LIMITED ,MUMBAI vs. THE DEPUTY COMM OF INCOME TAX CIRCLE 1(3)(1), MUMBAI
Income Tax Appellate Tribunal, Mumbai “K” Bench, Mumbai.
Before: Smt. Beena Pillai (JM) & Shri Omkareshwar Chidara (AM) Fractal Analytics Private Ltd. Level 7, Commerz II, International Business Park Oberoi Garden City, Off Western Express Highway Goregaon East, Mumbai 400 063. Vs. DCIT Circle 1(3)(1) Assessment unit Income Tax Department Delhi & Mumbai. PAN : AAACF4502D
Per Omkareshwar Chidara (AM) :-
In the above cited appeal of the appellant, the case was fixed for hearing on 9.6.2025. During the hearing proceedings, Ld. AR of the appellant filed a letter stating that the appellant has opted for Vivad Se
Vishwas Scheme (VSVS) 2025 and hence wishes to withdraw the ITAT appeal vide ITA No. 2346/Mum/2022. Ld. AR has requested the Bench to accept the withdrawal of the appeal. It is also mentioned in the letter that the appellant company reserves its right to approach the Bench to revive the appeal in the event that the settlement of the appeal under VSVS 2025 does not go through or rejected by the designated authority.
Ld. DR did not object for the submissions made by the appellant.
After hearing both sides and perusing the letter filed by the appellant, it is decided to dismiss the appeal as withdrawn. As requested by Ld. AR of the appellant, the appellant company is given liberty to revive the appeal in Fractal Analytics Private Ltd.
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this case, if the VSVS application is rejected by the Department for any reason.
The appeal of the appellant is dismissed. Order pronounced in the open Court on 27/06/2025. (BEENA PILLAI) ACCOUNTANT MEMBER
Copy of the Order forwarded to :
The Appellant 2. The Respondent. 3. CIT 4. DR, ITAT, Mumbai 5. Guard file.
BY ORDER,
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