ITAT Kolkata Dismisses Appeal, Allows Revival If VSV Scheme Fails

Nikhil Commosales Pvt. Limited Vs ITO (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT) Kolkata has dismissed the appeal filed by Nikhil Commosales Pvt. Ltd. against the order of the Commissioner of Income Tax (Appeals) [CIT(A)], National Faceless Appeal Centre (NFAC), Delhi. The appeal pertains to the Assessment Year 2013-14. During the hearing, the assessee’s representative informed the tribunal that an application under the Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSVS 2024) had already been filed on December 28, 2024. In light of this, the assessee requested an adjournment o...