Gail(india) Ltd has opted to settle the pending dipsutes under Vivad Se Vishwas Scheme, and Accordingly withdraws its appeals before ITAT.


Quick Summary
GAIL (India) Ltd. has opted to resolve outstanding tax disputes through the Vivad Se Vishwas Scheme. Consequently, the company has formally requested the withdrawal of its pending appeals before the Income Tax Appellate Tribunal (ITAT). The Tribunal has acknowledged this decision and has consigned the appeals to record, treating them as dismissed.

Court :
ITAT New Delhi

Brief :
These appeals are filed by the assessee as well as by theRevenue against the respective orders of Learned CIT(A), for the Assessment Years 2003-04 to 2007-08 respectively.

Citation :
ITA 4238/DEL/2016

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