SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED (now amalgamated with Motherson Sumi Systems limited with effect from January 21, 2022) Vs. DCIT, Circle-22(1), New Delhi
Case No: ITA No. 1042, 1715 & 4499/Del/2021
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH “H”: NEW DELHI
Date: 3/7/2025
Parties Involved
appellantSAMVARDHANA MOTHERSON INTERNATIONAL LIMITED (now amalgamated with Motherson Sumi Systems limited)
respondentDCIT, Circle-22(1), New Delhi
Facts Summary
The appeal in ITA Nos. 1042, 1715 & 4499/Del/2021 for AY 2017-18 and 2020-21, arises out of the Assessment Order dated 06.10.2021 pursuant to the order dated 31.01.2021 of Transfer Pricing officer (in short ‘TPO’) u/s 92CA(3) of the Income tax Act 1961 (hereinafter referred in short ‘The Act’). The assessee filed a letter before the tribunal stating that it would be availing the Vivad Se Vishwas Scheme, 2024 introduced by the Statute to settle the tax disputes prevailing in these years for which…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the appeal should be treated as withdrawn due to the assessee opting for the Vivad Se Vishwas Scheme, 2024.