Drake Properties Pvt. Ltd - Assessee opts to settle the dispute relating to tax arrears under consideration under the VSV Act

Last updated: 11 January 2021
Quick Summary
Drake Properties Pvt. Ltd. has requested to withdraw its appeal concerning tax arrears for the 2014-15 assessment year. The company has opted to settle the dispute under the Vivad Se Vishwas Scheme, having filed the necessary forms. The Income Tax Appellate Tribunal has accepted the withdrawal, but the company can re-institute the appeal if the settlement is unsuccessful.

Court :
ITAT New Delhi

Brief :
The present appeal by the assessee is directed against theorder of Commissioner of Income Tax (Appeals)-37, New Delhi, dated 27.06.2019 passed for assessment year 2014-15.

Citation :
ITA No.7094/Del./2019

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