ITAT HC Dismisses Appeals as Withdrawn Due to Settlement Under DTVSVS 2024

BRR Securities Private Ltd. Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi dismissed the appeals filed by BRR Securities Private Ltd. for the assessment years 2015-16 and 2016-17 after the company opted for settlement under the Direct Tax Vivad se Vishwas Scheme (DTVSV), 2024. The assessee’s counsel informed the tribunal that Form 1 had been submitted under the scheme, and Form 2 had been issued on 30th November 2024, confirming acceptance of the settlement. Based on this submission, the appeals were withdrawn, and ITAT formally dismissed the case. The Direct Tax Viv...