M/S. Nagancheji Credit Pvt. Ltd. Vs. I.T.O., Ward - 2(1)

Parties Involved

Facts Summary

This is an appeal preferred by the assessee, M/S. Nagancheji Credit Pvt. Ltd., against the order of the National Faceless Appeal Centre, Delhi, dated 19.09.2024 for the Assessment Year 2015-16. During the hearing, it was pointed out that the assessee had already entered into the Vivad Se Vishwas Scheme 2024 ('VSVS 2024' Scheme) by filing form no.1 with the competent authority. The assessee prayed before the Bench to be allowed to withdraw this appeal, to which the Departmental Representative (DR) did not oppose.…

Legal Issues

• 1. Whether the assessee can withdraw the appeal after entering into the VSVS 2024 Scheme.

Judgment Outcome

Decided in favour of Assessee.

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