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Facts
The appellant company, Ashida Electronics Pvt. Ltd., sought to withdraw its appeal before the Income Tax Appellate Tribunal. The reason for withdrawal was that the company had availed the Vivad Se Vishwas Scheme.
Held
The Tribunal heard both parties and per the appellant's request, dismissed the appeal as withdrawn. The appellant provided proof of availing the Vivad Se Vishwas Scheme.
Key Issues
Whether the appeal can be dismissed as withdrawn upon the appellant availing the Vivad Se Vishwas Scheme.
Sections Cited
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, Mumbai “A” Bench, Mumbai.
Before: Smt. Beena Pillai (JM) & Shri Omkareshwar Chidara (AM)
O R D E R Per Omkareshwar Chidara (AM) :-
During the course of hearing before the Bench, Ld. AR of the appellant company has stated that it had availed Vivad Se Vishwas Scheme and hence they may be permitted to withdraw the appeal. In proof of availing the VSV Scheme, the Ld. AR of the appellant has filed a copy of Form No. 3 evidencing payment of disputed taxes also, vide covering letter dated 14.1.2025. Ld. DR has not objected to the same.
Heard both sides. The appeal of the appellant company is dismissed as withdrawn as the appellant company has availed VSV scheme.
The appellant’s appeal is dismissed.
Order pronounced in the open court on 29th January, 2025.