CORTEVA AGRISCIENCE SERVICES INDIA PVT LTD,HYDERABAD vs. DCIT., CIRCLE 1(1), IT TOWER, AC GUARDS, MASAB TANK, HYDERABAD
Income Tax Appellate Tribunal, Hyderabad ‘ A ‘ Bench, Hyderabad
प्रनत रवीश सूद, जे.एम./PER RAVISH SOOD, J.M.
The present appeal filed by the assessee is directed against the order passed by the Assessing Officer under Section 143(3) r.w.s
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Corteva Agriscience Services India Pvt. Ltd.
144C(13) r.w.s. 144B of the Income Tax Act, 1961 (in short ‘the Act’), dated 28.10.2024. 2. Shri
Rohit
Mittal,
C.A., the Learned
Authorized
Representative (in short “Ld.AR”) for the assessee company (joined virtually), at the threshold of hearing submitted that the assessee- company had opted for the Direct Tax Vivad-se-Vishwas Scheme,
2024 (in short “DTVSV, 2024”), therefore, as per the instructions, the captioned appeal is sought to be withdrawn.
The Ld.AR had placed on record a letter dated 19.03.2025, along with a copy of “Form-2” i.e., the Certificate issued under sub-section (1) of section 92 of the Finance (No.2) Act, 2024, under DTVSV, 2024. 3. Per contra, the Learned Departmental Representative (in short “Ld. DR”) did not object to the seeking of the withdrawal of the captioned appeal. 4. Considering the aforesaid facts, the assessee/appellant is permitted to withdraw the captioned appeal. Before parting, we may herein mention that in case, if for any reason, the captioned
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Corteva Agriscience Services India Pvt. Ltd.
appeal is not finally settled under the DTVSV, 2024, then the assessee company shall remain at a liberty to seek restoration of the said appeal.
5. Resultantly, the appeal filed by the assessee is dismissed as withdrawn.
Order pronounced in the Open Court on 26th March, 2025. -/-
(मिुसूदन सावडिया)
(MADHUSUDAN SAWDIA)
लेखा सदस्य/ACCOUNTANT MEMBER /-
(रवीश सूद)
(RAVISH SOOD)
न्यायिक सदस्य/JUDICIAL MEMBER
Hyderabad, dated 26.03.2025. #TYNM / sps
आदेशकी प्रनतनलनप अग्रेनर्त/ Copy of the order forwarded to:-
निर्धाररती/The Assessee : Corteva Agriscience Services India Pvt. Ltd., 8th and 9th Floor, Tower 2.1, Waverock Building, Survey No.115(P), Nanakramguda Village, Serilingampally Mandal, Hyderabad – 500081. Telangana. 2. रधजस्व/ The Revenue : DCIT, Circle-1(1), Hyderabad. 3. The Director of Income Tax (IT & TP), Hyderabad 4. The Addl. Commissioner of Income Tax, (Transfer Pricing), Hyderabad. 5. Prl.CIT(Central), Hyderabad. 6. नवभधगीयप्रनतनिनर्, आयकर अपीलीय अनर्करण, हैदरधबधद / DR, ITAT, Hyderabad 7. गधर्ाफ़धईल / Guard file
आदेशधिुसधर / BY ORDER
Sr. Private Secretary
ITAT, Hyderabad.