LEASEPLAN GLOBAL BV,NETHERLANDS V. ASSISTANT COMMISSIONER OF INCOME TAX, PRATYAKSH KAR BHAWAN

ITA 1989/DEL/2025

AI Insights

The case involves Leaseplan Global BV, the appellant, who appealed against an assessment order under sections 143(3) read with section 144C(13) of the Income Tax Act, 1961. The appellant's counsel informed the tribunal that the dispute had been settled under the Vivad Se Vishwas Scheme 2024, and submitted an application for withdrawal of the appeal. The tribunal, acknowledging the settlement under the scheme, dismissed the appeal as withdrawn and granted the option to revive the appeal if the scheme's application did not succeed.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 777448 (ITAT-DELHI)
• Duration Of Justice: 6 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-09-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2022-2023
• Appeal Filed On: 28-03-2025
• Other Referred Cases: M/s. Nannusamy Mohan(HUF) vs. ACIT in T.C.A No.372 of 2020 decided on 16/10/2020 by Hon'ble Madras High Court
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIKRAM SINGH SHARMA
• Assessee Lawyers: POONAM AHUJA
• Section: 143(3)

Judgement Text

"आयकर अपीलीय अिधकरण िदʟी पीठ “डी”, िदʟी ŵी िवकास अव̾थी, Ɋाियक सद˟ एवं ŵी क ृणवंत सहाय, लेखाकार सद˟ क े समƗ IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “D”, DELHI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER & SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER आअसं.1989/िदʟी/2025(िन.व. 2022-23) ITA No.1989/Del/2025 (A.Y 2022-23) Leaseplan Global BV, Gustav Mahlerlaan 360, 1082 ME, Amsterdam, Netherlands, 9999 PAN: AADCL-9183-D ...... अपीलाथᱮ/Appellant बनाम Vs. Assistant Commissioner of Income Tax, International Taxation, Circle 2(2)(1), Pratyaksh Kar Bhawan, E-2 Block, Third Floor, Civic Centre, Minto Road, New Delhi 110002 ..... ᮧितवादी/Respondent अपीलाथᱮ Ȫारा/ Appellant by : Ms. Poonam Ahuja, Advocate ŮितवादीȪारा/Respondent by : Shri Vikram Singh Sharma, Sr. DR सुनवाई कᳱ ितिथ/ Date of hearing : 29/09/2025 घोषणा कᳱ ितिथ/ Date of pronouncement : : 29/09/2025 आदेश/ORDER PER VIKAS AWASTHY, JM: This appeal by the assessee is directed against the assessment order dated 22.01.2025 passed u/s. 143(3) r.w.s 144C(13) of the Income Tax Act,1961(hereinafter referred to as ‘the Act’). 2. The ld. Counsel of the assessee submits that the assessee has settled the dispute in appeal under Vivad Se Vishwas Scheme 2024 (in Short ‘VSVS’). She furnished application dated 27.09.2025 for withdrawal of appeal along with copy of Printed from counselvise.com 2 ITA No 1989/Del/2025 (AY 2022-23) Form No. 1 & 2 issued under VSVS. The ld. Counsel prayed that the assessee may be permitted to withdraw the appeal. 3. In light of, the prayer made by ld. Counsel for the assessee, the appeal is dismissed as withdrawn. 4. Liberty is granted to the assessee to revive appeal in the event application filed by the assessee under VSVS fails to mature. It is further made clear that if the assessee/appellant seeks to restore the appeal in the event assessee’s declaration made under VSVS is not accepted, the Registry shall not insist for filing of application for condonation of delay, if the Miscellaneous Application for recalling the order is filed beyond time on account of delay in communication of outcome under VSVS. [Re. M/s. Nannusamy Mohan(HUF) vs. ACIT in T.C.A No.372 of 2020 decided on 16/10/2020 by Hon’ble Madras High Court]. 5. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court on September the 29th day of September, 2025. Sd/- Sd/- (KRINWANT SAHAY) (VIKAS AWASTHY) लेखाकार सद᭭य/ACCOUNTANT MEMBER ᭠याियक सद᭭य/JUDICIAL MEMBER िदʟी/Delhi, ᳰदनांक/Dated 29.09.2025 NV/- Printed from counselvise.com 3 ITA No 1989/Del/2025 (AY 2022-23) ᮧितिलिप अᮕेिषतCopy of the Order forwarded to : 1. अपीलाथᱮ/The Appellant , 2. ᮧितवादी/ The Respondent. 3. The PCIT/CIT(A) 4. िवभागीय ᮧितिनिध, आय.अपी.अिध., िदʟी /DR, ITAT, िदʟी 5. गाडᭅ फाइल/Guard file. BY ORDER, //True Copy// (Asstt. Registrar) ITAT, DELHI Printed from counselvise.com "