V. Vasanthi - Dismissal of appeals filed by the assessee as withdrawn under VSV Scheme 2020


Quick Summary
This judgement concerns six appeals filed by various assessees which have been dismissed as withdrawn. The assessees indicated their intention to utilise the Vivad se Vishwas Scheme, 2020, a government initiative designed to settle pending direct tax disputes. The scheme allows taxpayers to resolve disputes at different appellate levels by filing declarations and paying specified amounts, offering immunity from penalties and prosecution upon withdrawal of appeals.

Court :
ITAT Chennai

Brief :
This bunch of six appeals filed by different assessees are directed against orders of learned Commissioner of Income Tax (Appeals),Chennai /Madurai of even dated 22.10.2019/ 01.02.2019 /02.07.2019 for respective assessment years.

Citation :
ITA 2522/CHNY/2019

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