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Rainbow Worldwide Pvt. Ltd. v. ITO, Ward-21(1), Delhi

Case No: ITA No. 5940/Del/2024
Court: Income Tax Appellate Tribunal (Delhi Bench)
Date: 3/7/2025

Parties Involved

appellantRainbow Worldwide Pvt. Ltd.
respondentITO, Ward-21(1), Delhi

Facts Summary

This appeal (ITA No. 5940/Del/2024) filed by Rainbow Worldwide Pvt. Ltd. for the Assessment Year 2014-15, arose from the appellate order dated 19.11.2024 passed by the learned Commissioner of Income Tax (Appeals) NFAC, Delhi under Section 250 of the Income-tax Act, 1961. The original order was passed by the Assessing Officer on 26.05.2023 under Sections 147, 144, and 144B of the Act. The assessee filed a written application on 28.02.2025 claiming to have opted for the Direct Tax Vivad Se Vishwas Scheme, 2024 and sought to withdraw the appeal. However, no evidence or documents were provided to support this claim.

Decision in favour of

Partly Assessee / Partly Revenue

Legal Issues

  • 1. Whether the appeal filed by the assessee should be dismissed as withdrawn.

Judgment Outcome

Decided in favour of Partly Assessee / Partly Revenue.

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Version 2.0.1Last updated: October 2025
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