This review discusses the withdrawal of the appeal in ITA 1925/DEL/2020 filed by the Revenue against BSL Limited, concerning the assessment year 2017-18. The case was presented before the Income Tax Appellate Tribunal, Delhi Bench ‘A’.
The Revenue contested the decision by the ld CIT(A) dated September 16, 2020. However, on November 21, 2022, the Revenue submitted a request for withdrawal of the appeal, which was officially dismissed as withdrawn on November 29, 2022.
The appeal’s withdrawal highlights procedural aspects and strategic decisions in tax litigation. Such decisions may reflect changes in the Revenue’s approach to litigation or recognition of the strengths of the respondent’s position.
The dismissal of this appeal has implications for both the appellant and the respondent, potentially affecting future litigation strategies and compliance considerations within similar cases.
Case Review of ITA 1925/DEL/2020: Withdrawal of Appeal Against BSL Limited
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