ITAT Lucknow Judgments — November 2021

The Tribunal held that even if the disallowance under Section 40(a)(i) was valid, it would not have any tax impact because the assessee's business income was exempt under Section 10B. Therefore, the disallowance would only increase the exempt income.

The Tribunal permitted the assessee to withdraw the appeal as the assessee did not wish to press the grounds of appeal. Consequently, the appeal was dismissed as withdrawn.

The Tribunal permitted the assessee to withdraw the appeal. The appeal was dismissed as withdrawn.

The Tribunal acceded to the assessee's request to withdraw the appeal, as the settlement under the Vivad se Vishwas Act renders the appeal non-adjudicable. The Revenue's appeal was dismissed as withdrawn.

The Tribunal noted that the assessee's appeal no longer survived for adjudication due to the settlement under the Vivad se Vishwas Act. The Tribunal acceded to the assessee's request to withdraw the appeal.

The Tribunal noted that the Vivadse Vishwas Act provides for the vacation of appeals. Therefore, the assessee's appeal was permitted to be withdrawn.

The Tribunal held that the assessee's appeal no longer survived for adjudication due to the settlement under the Vivadse Vishwas Act. The Tribunal acceded to the assessee's request to withdraw the appeal.

The Tribunal permitted the withdrawal of the appeal as the assessee opted for settlement under the Vivadse Vishwas Act. The assessee retains the liberty to have the appeal restored if the settlement process is not concluded.

The assessee sought to withdraw the appeal as a certificate under the Vivad Se Vishwas Scheme was issued. The Revenue had no objection to the withdrawal.

The tribunal noted that certificates under the Vivad Se Vishwas Scheme were issued to the assessee. Consequently, the assessee wished to withdraw the appeals, which was permitted by the tribunal.

The tribunal noted that the Principal Commissioner of Income Tax had issued certificates under the Vivad Se Vishwas Scheme. The assessee wished to withdraw the appeals based on this, and the tribunal permitted the withdrawal.

The tribunal noted that certificates under the Vivad Se Vishwas Scheme were issued to the assessee. Consequently, the assessee wished to withdraw the appeals, and the tribunal permitted this.

The tribunal noted that certificates under the Vivad Se Vishwas Scheme were issued to the assessee. Consequently, the assessee wished to withdraw the appeals, which was permitted by the tribunal.

The Tribunal noted that the assessee requested to withdraw the appeal and the revenue had no objection. Therefore, the Tribunal permitted the withdrawal of the appeal.

The tribunal noted that certificates under the Vivad Se Vishwas Scheme were issued to the assessee. Consequently, the assessee wished to withdraw the appeals, which was permitted by the tribunal.