ITAT Jaipur Judgments — March 2025

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.

The assessee, during the hearing, prayed for withdrawal of both appeals. The Revenue had no objection to the withdrawal. Although the delay was not condoned, the appeals were dismissed as withdrawn by the assessee.

The Tribunal noted that the assessee was interested in withdrawing the appeal due to settlement under the Vivad Se Vishwas Scheme. The Bench allowed the withdrawal of the appeal and consequently dismissed it.

The Tribunal condoned the delay in filing the appeals. It then remanded the matter back to the Assessing Officer to allow the assessee to prove their case by filing Form No. 27BA, considering there might be no revenue loss to the exchequer.

The Tribunal condoned the delay in filing the appeals. It then remanded the matter back to the Assessing Officer to allow the assessee to prove their case by filing Form No. 27BA, considering there might be no revenue loss to the exchequer.