TECUMESH PRODUCTS INDIA PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -2(1), HYDERABAD

Ashwini Nalhe, the Learned Authorized Representative (in short “Ld.AR”) for the assessee (joined virtually), at the threshold submitted that the assessee-company had opted for the Direct Tax Vivad-se-Vishwas Scheme, 2024 (in short “DTVSV”), therefore, as per the instructions, the captioned appeal is sought to be withdrawn. The Ld.AR had drawn our attention to the letter dated 18/03/2025, where 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, was enclosed. 3. Per contra, the Learned Departmental Representative (in short “Ld. LD.DR”) did not raise any objection in seeking withdrawal of the assessee’s appeal. 4. Considering the above facts, we herein permit the withdrawal of the present appeal. 5. Resultantly, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the Open Court on 21st March, 2025. (मिुसूदन सावडिया) (MADHUSUDAN SAWDIA) लेखा सदस्य/ACCOUNTANT MEMBER (रवीश सूद) (RAVISH SOOD) न्यायिक सदस्य/JUDICIAL MEMBER Hyderabad, dated 21.03.2025. OKK/sps

निर्धाररती/The Assessee : Tecumseh Products India Private limited, Survey No. 667/P and 784/P, Kistapur Village, Medchal, Malkajgiri District, Hyderabad, India-501401. 2. रधजस्व/ The Revenue : DCIT, Circle-2(1), Income Tax Office, Signature Towers, Kondapur, Hyderabad, Teangana-500084. 3. The Principal Commissioner of Income Tax, Hyderabad 4. नवभधगीयप्रनतनिनर्, आयकर अपीलीय अनर्करण, हैदरधबधद / DR, ITAT, Hyderabad 5. The Commissioner of Income Tax 6. गधर्ाफ़धईल / Guard file