M/S. Rama Spinners Pvt. Limited v. the Income Tax Officer
Case brief
What is this about?
The Income Tax Appeal filed under Section 260A of the Income Tax Act was allowed to be withdrawn by the appellant. Counsel stated the dispute was settled under the Direct Tax Vivad Se Virodah Scheme. Consequently, the appeal was dismissed on withdrawal without any order as to costs.
What did the court decide?
The appeal under Section 260A of the Income Tax Act was dismissed on withdrawal.