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International Trading Corporation Vs. Income Tax Officer

Case No: ITA No.324/Del/2024, A.Y. 2012-13
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘C’: NEW DELHI
Date: 3/7/2025

Parties Involved

appellantInternational Trading Corporation
respondentIncome Tax Officer, Ward 28(4), Civic Center, New Delhi

Facts Summary

This appeal was preferred by the assessee, International Trading Corporation, against the order dated 30.11.2023 passed by the Commissioner of Income Tax (Appeals), NFAC, New Delhi. The assessee filed an application dated 04/03/2025 for withdrawal of the appeal, stating that it has opted to settle the issues under the Vivad se Vishwas Scheme, 2024. The assessee provided a copy of Form No. 2 filed under VSVS, 2024. The Learned Departmental Representative (Ld. DR) raised no objection to the withdrawal of the appeal.

Decision in favour of

Assessee

Legal Issues

  • 1. Whether the appeal can be withdrawn by the assessee under the Vivad se Vishwas Scheme, 2024.

Judgment Outcome

Decided in favour of Assessee.

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International Trading Corporation Vs. Income Tax Officer | ITA No.324/Del/2024, A.Y. 2012-13 | 2025 | Opakhya