FLAKT WOOD (LUXEM BOURG) S.A.R.L.,FOREIGN, LUXEMBOURG vs. DEPUTY COMMISSIONER OF INCOME TAX INTERNATIONAL TAXATION, CIRCLE 1(1), CHENNAI
आयकर अपीलीय अिधकरण, ‘ए’ ायपीठ, चेई।
IN THE INCOME TAX APPELLATE TRIBUNAL
‘A’ BENCH: CHENNAI
ी एबी टी. वक , ाियक सद! एवं ी जगदीश, लेखा सद! के सम(
BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER
आयकर अपील सं./ITA No.255/Chny/2023
िनधा8रण वष8 /Assessment Year: 2014-15
Flakt Woods (Luxembourg) S.A.R.L
1A Rue Thomas Edison,
Strassen 999999, Foreign,
Luxembourg.
[PAN: AAECF 6694G]
Vs.
The Dy.
Commissioner of Income Tax,
International Taxation,
Circle-1(1)
Chennai.
(अपीलाथ/Appellant)
( यथ/Respondent)
अपीलाथ की ओर से/ Appellant by :
Shri R. Sudarmani, Advocate
GHथ की ओर से /Respondent by :
Ms. R. Anitha, Addl. CIT
सुनवाई की तारीख/Date of Hearing
:
07.03.2025
घोषणा की तारीख /Date of Pronouncement
:
07.03.2025
आदेश / O R D E R
PER JAGADISH, A.M :
Aforesaid appeal by assessee for Assessment Year (AY) 2014-
15 arises out of final assessment order dated 28.12.2022 passed by Ld. Assessing Officer (AO) u/s 143(3) r.w.s. 144C(13) pursuant to the directions of Ld. Dispute Resolution Panel-2, Bangaluru (DRP) dated
15.12.2022 u/s 144C r.w.s 147 of the Income-tax Act, 1961
(hereinafter “the Act”).
:- 2 -:
The Ld. Authorized Representative (A.R) of the assessee, at the outset stated that assessee has opted for Direct Tax Vivad-se-Vishwas Scheme, 2024 and therefore, wants to withdraw the appeal. The Ld. A.R has submitted a copy of Form-1 filed by the assessee and Form-2 issued by the designated authority in support of its contention.
We have heard both the sides, and perused the materials available on record. In this case, the assessee has opted for the Direct Tax Vivad-se-Vishwas Scheme, 2024 by filing Form-1. The Designated Authority has also issued Form No.2 for the settlement of pending tax dispute. The Ld. AR has now made a request to withdraw the appeal. We allow the assessee to withdraw the appeal and dismiss the appeal as withdrawn. However, it is open to the assessee to approach the Tribunal by filing an appropriate application in the event of any prejudice caused in respect of the settlement of tax dispute under the Direct Tax Vivad-se-Vishwas Scheme, 2024. :- 3 -:
In the result, the appeal filed by the assessee is dismissed as withdrawn.
Order pronounced in the open Court on 07th March, 2025. (एबी टी. वक )
(ABY. T. Varkey)
ाियक सद! / Judicial Member
(जगदीश)
(Jagadish)
लेखा सद! /Accountant Member
चेनई/Chennai, दनांक/Dated: 07th March, 2025. EDN/-
आदेश क ितिलप अेषत/Copy to:
1. अपीलाथ/Appellant
2. थ/Respondent
3. आयकर आयु/CIT, Chennai
4. िवभागीय ितिनिध/DR
5. गाड फाईल/GF