DCIT CORPORATE CIRCLE 2 (1), CHENNAI vs. M/S GAVS TECHNOLOGIES PVT LTD, CHENNAI

आयकर अपीलीय अिधकरण, ’डी’
यायपीठ, चे ई।
IN THE INCOME TAX APPELLATE TRIBUNAL
‘D’ BENCH: CHENNAI

ी एबी टी. वक
, ाियक सद एवं
एवं
एवं
एवं

ी जगदीश, लेखा सद के सम

BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER

आयकर अपील सं./ITA Nos.1702 & 1703/Chny/2018
िनधारण वष/Assessment Years: 2012-13 & 2013-14

The DCIT,
Corporate circle-2(1),
Chennai.

v.
M/s. GAVS Technology-
Pvt. Ltd.,
Old No.11, New No.13,
Rajiv Gandhi Salai (OMR),
Sholinganallur,
Chennai-600 119. [PAN: AADCG 0419 R]
(अपीलाथ/Appellant)

(यथ/Respondent)

अपीलाथ क ओर से/ Appellant by :
Ms. R. Anita, Addl.CIT
यथ क ओर से /Respondent by :
Mr. R. Sudarmani, Adv.
सुनवाईकतारीख/Date of Hearing
:
07.03.2025
घोषणाकतारीख /Date of Pronouncement
:
07.03.2025

आदेश / O R D E R
PER ABY T. VARKEY, JM:

These are appeals preferred by the Revenue against the order of the Learned Commissioner of Income Tax (Appeals)-6, (hereinafter referred to as ‘Ld.CIT (A)‘), Chennai, both dated 15.03.2018 for the Assessment Years (hereinafter referred to as ‘AY‘) 2012-13 & 2013-14. 2. At the outset, the Ld.AR of the assessee brought to our notice that assessee has opted for Vivad-Se-Vishwas Scheme, 2024 (hereinafter in short ‘VSVS-2024’) and pursuant to it, assessee has filed Form-1 both

ITA Nos.1702 & 1703/Chny/2018
(AYs 2012-13 & 2013-14)
M/s. GAVS Technology Pvt. Ltd.
:: 2 ::

dated 29.11.2024, and pursuant to which the designated authority [PCIT]
has issued Form-2, dated 12.02.2025, copies of which are filed before us. And that the assessee is remitting of Rs.2,72,60,279/- for AY 2012-
13 & Rs.1,53,36,280/- for AY 2013-14 to settle the issue under VSVS-
2024. Therefore, before us, the assessee expressed its desire to withdraw the appeals and the Revenue doesn’t object to such a proposal.
Therefore, we allow the request of the assessee to withdraw the appeals.
3. In the light of the aforesaid discussion, appeals stand dismissed as withdrawn.
4. In the result, appeals filed by the Revenue are dismissed as withdrawn under VSVS-2024. Order pronounced on the 07th day of March, 2025, in Chennai. (जगदीश)
(JAGADISH)
लेखा सद /ACCOUNTANT MEMBER (एबी टी. वक
)
(ABY T. VARKEY)

याियक सदय/JUDICIAL MEMBER
चे ई/Chennai,
!दनांक/Dated: 07th March, 2025. TLN
आदेश क ितिलिप अ$ेिषत/Copy to: