M/s. Philips India Ltd. vs. DCIT, Circle-11(1), Kolkata

Parties Involved

Facts Summary

The appellant, M/s. Philips India Ltd., filed an appeal against an order of the Commissioner of Income Tax (Appeals)-NFAC, Delhi. After the order was passed, a rectification order was issued by the Commissioner of Income Tax (Appeals)-NFAC, Delhi under Section 154 read with Section 250 of the Income Tax Act, 1961, dated 12.07.2024, allowing the appeal of the appellant. Consequently, there remained no other dispute. The appellant's counsel petitioned to withdraw the appeal.…

Legal Issues

• 1. Withdrawal of the appeal by the appellant

Judgment Outcome

Decided in favour of Assessee.

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