The Pr., Commissioner of Income TAX-3 v. M/S Nike India Private Limited
Case brief
What is this about?
ITA No. 638 of 2023 | High Court of Karnataka at Bengaluru | Decision date 18-03-2025 | Bench: Krishna S Dixit J. (per) with Ramachandra D. Huddar J. | Appellants: Pr. Commissioner of Income Tax-3, Kormangala and Assistant Commissioner of Income Tax, Circle 5(1)(1), Bangalore (counsel: Sri. E.I. Sanmathi) v. Respondent: M/s Nike India Private Limited, Bangalore (counsel: Smt. Tanmayee Rajkumar) | Filed under Sec. 260-A Income Tax Act 1961 against ITAT 'B' Bench Bangalore order dt. 14/10/2020 in IT(TP)A No. 356/BANG/2017, AY 2007-08 | Disposed of (not decided on merits) on respondent's memo dt. 28.02.2025 disclosing settlement under Direct Tax Vivad Se Vishwas Scheme, 2024 (Form-1 declaration; Form-2 dt. 15.02.2025; Section 91(6) Finance Act 2024) | Revival open to Revenue if memo assertions untrue | Statutes: Sec. 260-A Income Tax Act 1961; Section 91(6) Finance Act 2024; DTVSV Scheme 2024 | No case law cited; no dissent.