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ITA No 295 of 2024 Parit Mukundrai Mavji Patel

Case No: ITA No. 295/Hyd/2024
Court: INCOME TAX APPELLATE TRIBUNAL, Hyderabad ‘A‘ Bench
Date: 26 Sept 2024

Parties Involved

appellantShri Parit Mukundrai Mavji Patel
respondentADIT (Int.Taxation)-2

Facts Summary

The assessee, Shri Parit Mukundrai Mavji Patel, filed an appeal against the order dated 1/2/2024 of the learned CIT (A)-10, Hyderabad, relating to A.Y.2016-17. During the hearing, the assessee's counsel stated that the assessee intends to avail the VSVS scheme 2024 to be notified by the Government. The DR for the Revenue had no objection to the withdrawal of the appeal by the assessee. The tribunal allowed the assessee to withdraw his appeal on the ground of settling the dispute under the VSVS 2024, providing liberty to the assessee to restore his appeal if it is not possible to avail the benefit under VSVS 2024.

Decision in favour of

Assessee

Legal Issues

  • 1. Withdrawal of appeal under VSVS 2024

Judgment Outcome

Decided in favour of Assessee.

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ITA No 295 of 2024 Parit Mukundrai Mavji Patel | ITA No. 295/Hyd/2024 | 2024 | Opakhya