Triveni Turbine Ltd.
Case No: ITA Nos. 5742 & 6683/Del/2018
Court: INCOME TAX APPELLATE TRIBUNAL DELHI, DELHI BENCH ‘I’ NEW DELHI
Date: 3/17/2025
Parties Involved
appellantTriveni Turbine Ltd.
respondentACIT Circle-3 Noida
Facts Summary
The appeals were filed by both the Assessee (Triveni Turbine Ltd.) and the Department (ACIT Circle-3 Noida) aggrieved by the order of the Commissioner of Income Tax (Appeals)-1 Noida dated 31/05/2018 for the Assessment Year 2013-14. The Assessee submitted a letter contending that it has opted for the 'Vivad se Vishwas Scheme, 2024' and received Form No. 2 from the Department, thereby seeking to withdraw the appeal. The Department raised no objection to this withdrawal.…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Whether the appeal filed by the Assessee can be withdrawn under the 'Vivad se Vishwas Scheme, 2024'.
- 2. Consequences of the withdrawal of the Assessee's appeal on the Department's appeal.