ASHLAND INDIA PRIVATE LIMITED,MUMBAI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, MUMBAI - 6, MUMBAI
Income Tax Appellate Tribunal, Mumbai “A” Bench, Mumbai.
Before: Shri Sandeep Gosain(JM) & Shri Prabhash Shankar(AM) Ashland India Private Limited 8th Floor, R. City Offices Above R City Mall, LBS Marg Ghatkopar West S.O. Mumbai 400 086. Vs. PCIT Room No. 501 Aayakar Bhavan M.K. Road Mumbai-400 020. PAN : AAGCA5023J
Per Sandeep Gosain (JM) :-
This appeal filed by the assessee against the order passed by Ld.
PCIT under section 263 of the I.T. Act vide order dated 11.7.2024 for A.Y.
2020-21. 2. Ld. AR appearing on behalf of the assessee submitted at bar that the assessee has opted for Vivas Se Vishwas Scheme (VSVS) and DTVSV proceedings are pending before the Department. Considering the said fact, the appeal is dismissed as withdrawn with a liberty to revive the appeal, if the DTVSV application is rejected by the Department for any reason.
The appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court on 17/06/2025. (PRABHASH SHANKAR) JUDICIAL 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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