Kobelco Cranes India Pvt. Ltd.
Case No: ITA No. 5691/DEL/2018, ITA No. 8019/DEL/2019, ITA No. 7675/DEL/2019, ITA No. 7370/DEL/2019, ITA No. 8245/DEL/2019
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH “H”: NEW DELHI
Date: 3/18/2025
Parties Involved
appellantKobelco Cranes India Pvt. Ltd.
respondentACIT, Circle-14(2), Room No.323, 3rd Floor, C.R. Building, New Delhi.
respondentDCIT, Circle-14(2), New Delhi.
Facts Summary
The appeals were filed by Kobelco Cranes India Pvt. Ltd. and the Revenue against different orders of the Ld. CIT(Appeals)-44, New Delhi for the assessment years 2012-13, 2013-14, and 2014-15. The assessee filed an application for withdrawal of the appeals on the ground that it has opted for settlement under the Vivad Se Vishwas Scheme, 2024. A copy of Form no. 2 under the said scheme was annexed with the application. The Revenue did not controvert the averments made in the application.…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the assessee can withdraw the appeals after opting for settlement under the Vivad Se Vishwas Scheme, 2024.