VENUS FOOTARTS LIMITED,NEEM KA THANA vs. DCIT CENTRAL CIRCLE-1, JAIPUR

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ITA 1295/JPR/2024Status: DisposedITAT Jaipur05 March 2025AY 2015-16Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)1 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The tribunal noted that the assessee company was interested in withdrawing the appeal by settling the dispute under the Vivad Se Vishwas Scheme. The Bench allowed the withdrawal of the appeal.

What were the facts?

The assessee filed an appeal against the order of the CIT(A) for AY 2015-16. During the hearing, the assessee's AR prayed for withdrawal of the appeal due to settlement of the dispute under the Direct Tax Vivad Se Vishwas Scheme, 2024.

What were the issues?

Whether the assessee can withdraw the appeal due to settlement under Vivad Se Vishwas Scheme.

Which sections of the Income-tax Act were involved?

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, JAIPUR BENCHES,’’B” JAIPUR

Hearing: 04/03/2025

ORDER

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