ITAT Dismisses Appeal as Withdrawn, Allows Reinstatement if DTVSV Application is Rejected

Fulcrum Venture India Vs ACIT (ITAT Chennai)

In the case of Fulcrum Venture India Vs ACIT (ITAT Chennai), the Income Tax Appellate Tribunal (ITAT) dismissed the appeal filed by the assessee for the Assessment Year 2018-19. The assessee had filed a letter dated 11.11.2024, along with a copy of Form 1 under the Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSV), informing that it had opted for the scheme.

Considering the circumstances, the ITAT dismissed the appeal as withdrawn, with the condition that the appeal could be reinstated if the application under the Vivad Se

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