Considering the application of the Mangla Capital Services P.Ltd under Vivad Se Vishwas Scheme,2020, ITAT dismisses the appeals as withdrawn.

Last updated: 23 January 2021
Quick Summary
The Income Tax Appellate Tribunal (ITAT) in Mumbai has dismissed the appeals filed by Mangla Capital Services Pvt. Ltd. for the assessment year 2003-04. This decision was made because the assessee has opted for the Direct Tax Vivad Se Vishwas Scheme, 2020. The appeal was dismissed as withdrawn, with the liberty granted to the assessee to seek restoration if their declaration under the scheme is not accepted.

Court :
ITAT Mumbai

Brief :
Aforesaid appeal by assessee for Assessment Year 2003-04 contests the order of learned first appellate authority passed on 31/12/2010 on certain grounds of appeal. The assessment was framed by Ld. Assessing Officer u/s 143(3) 13/03/2006.

Citation :
ITA 1696/MUM/2011

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