M/S. XIAOMI TECHNOLOGY INDIA PRIVATE LIMITED,BANGALORE vs DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), BANGALORE

Income Tax Appellate Tribunal, “C” BENCH: BANGALORE

For Appellant: S/Shri. Harpreet Singh Ajmani and Aadith

For Respondent: Ms. Neera Malhotra, CIT(DR)(ITAT), Bengaluru.

Hearing: 01.04.2025Pronounced: 01.04.2025

Per Prakash Chand Yadav, Judicial Member: Present appeal by the assessee is arising from the Order of AO dated 30.04.2021 and relates to Assessment Year 2016-17. 2. At the outset, the learned Counsel for the assessee pointed out that the assessee has already settled the dispute under VSV Scheme, 2024. AR of the assessee further submitted that Form 4 has also been issued by the Department.

IT(TP)A No.296/Bang/2021
Page 2 of 2
3. Learned DR also accepted the factual position.
4. In view of the above, the present appeal is hereby dismissed as withdrawn.
5. In the result, appeal filed by the assessee is dismissed as withdrawn.
Pronounced in the open court on the date mentioned on the caption page. (PRASHANT MAHARISHI)
Judicial Member
Bangalore.
Dated: 01.04.2025. /NS/*
Copy to:
1. Appellants
2. Respondent
3. DRP
4. CIT
5. CIT(A)
6. DR,ITAT, Bangalore.
7. Guard file
By order

M/S. XIAOMI TECHNOLOGY INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1), BANGALORE