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ITAT Allahabad Allows Withdrawal of Penalty Appeal Due to Vivad Se Vishwas Settlement

Case Law Details

Case Name
Priti Mishra Vs ACIT (ITAT Allahabad)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2017-18
Advertisement Priti Mishra Vs ACIT (ITAT Allahabad) The Income Tax Appellate Tribunal (ITAT), Allahabad bench, has permitted a taxpayer, Priti Mishra, to withdraw her appeal against a penalty levied under Section 270A of the Income Tax Act, 1961. The withdrawal was allowed after the assessee informed the tribunal that she had opted for the Vivad Se Vishwas Scheme, 2024, to settle the underlying tax dispute and had fulfilled the initial requirements of the scheme, including payment of taxes and receipt of confirmation from the tax department. The appeal before the ITAT was directed against a...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,676

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