Assistant Commissioner of Income Tax vs. Triveni Turbine Ltd.

Parties Involved

Facts Summary

This appeal by the Department is directed against the order of Commissioner of Income Tax (Appeals)-I, Noida dated 29.12.2015, for assessment year 2012-13. The assessee, Triveni Turbine Ltd., has filed an application dated 07.02.2025 stating that the dispute in appeal has been settled under the Vivad Se Vishwas Scheme 2024 (VSVS). A copy of Form No. 2 issued under VSVS is furnished along with the application. Shri Ashish Tripathi representing the department requested liberty to revive the appeal if the VSVS application fails to mature.…

Legal Issues

• 1. Whether the appeal by the Department has become infructuous due to the settlement under VSVS.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

Similar Judgements

• Virendra Kumar Tyagi Vs. DCIT

  Delhi Bench ‘F’ benchAY 2014-15Dismissed

• GE India Business Services Pvt. Ltd. Vs. DCIT, New Delhi

  Delhi Bench ‘I’ benchAY 2021-22Dismissed

• Ingenico SA Vs. The A.C.I.T

  Delhi ‘D’ Bench benchAY 2020-21Dismissed

• Hitachi Astemo Haryana P. Ltd. vs. Deputy Commissioner of Income Tax

  Delhi Bench 'H', Delhi benchAY 2013-14, 2014-15Dismissed

• Water SAS, France Vs. D.C.I.T.

  Delhi ‘D’ Bench benchAY 2014-15, 2015-16, 2016-17, 2017-18Dismissed

• Rapid Diagnostic Pvt. Ltd. Vs. Deputy Commissioner of Income Tax

  Delhi Bench benchAY 2014-15Dismissed