INVENTIVE SOFTWARE SOLUTIONS PRIVATE LIMITED,AGRA vs. CIRCLE 2(1)(1), AGRA, AGRA
Facts
The assessee filed an appeal against the assessment order for the Assessment Year 2019-20. The assessee opted for the VSVS scheme 2024 and paid the tax amount.
Held
The Tribunal noted that the assessee had opted for the VSVS scheme 2024 to settle the dispute. Therefore, the appeal was treated as withdrawn.
Key Issues
Whether the appeal can be dismissed as withdrawn due to the assessee opting for the VSVS scheme 2024.
Sections Cited
143(1), Income Tax Act, 1961
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AGRA BENCHAGRA
1 Inventive Software Solutions Pvt. Ltd. Vs DCIT ITA 183/AGR/2024
THE INCOME TAX APPELLATE TRIBUNAL, AGRA BENCHAGRA
BEFORESHRI RAMIT KOCHAR, ACCOUNTANT MEMBER AND SHRI SUDHIR KUMAR, JUDICIAL MEMBER
ITA No.183/Agra/2024 Assessment Year: 2019-20
Inventive Software Vs. DCIT Solutions Private Limited Circle – 2 (1) (1) 607, Prateek Center, Agra Sanjay Place, Agra - 6282002 Uttar Pradesh PAN : AABCI6164M (Appellant) (Respondent)
Assesseeby Withdrawal application filed Department by Sh.Sheilendra Srivastava, SR. DR
Date of hearing 16.01.2025 Date of pronouncement 28.01.2025
ORDER PERSUDHIR KUMAR, JM:
The assessee preferred the captioned appeal, challenging the order
dated 11.03.2024 passed by the Ld. Commissioner of Income
Tax(Appeals) Coimbatore(“Ld. CIT(A) for short”)pertaining to
assessment order for Assessment year 2019-20 and arises out of the
2 Inventive Software Solutions Pvt. Ltd. Vs DCIT ITA 183/AGR/2024
assessment order dated 11.03.2020 passed under Sections 143(1) of the
Income Tax Act, 1961 (“The Act for short”).
The learned AR filed a letter by stating that assessee had opted VSVS
scheme 2024 for which certificate in Form no. 2 has been issued by the
department and the assessee has paid the amount of tax.
Since the assessee had opted settling the dispute arising out of this
appeal by availing VSVS scheme 2024, the appeal filed by the assessee
is hereby treated as withdrawn with liberty to be given to the assessee to
get this appeal restored and an application made by it in the event of the
declaration made under VSVS scheme, 2024 not reaching the logical
conclusion for any reason whatsoever.
With the above, mentioned liberty given to the assessee the appeal
filed is hereby dismissed as withdrawn.
Order pronounced in the open court on 28/01/2025.
Sd/- Sd/- (RAMIT KOCHAR) (SUDHIR KUMAR) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated:28January,2025. Neha, Sr. PS
