Relief to GAIL: ITAT Dismisses Appeal as Withdrawn After Opting for Vivad Se Vishwas Scheme [Read Order]

The tribunal allowed GAIL the liberty to seek a recall of the order if the settlement under the scheme was not successfully concluded
By Sneha Sukumaran Mullakkal - On March 5, 2025 11:44 am - 2 mins read
Income Tax - Vivad Se Vishwas Scheme - Relief to GAIL - Taxscan

The Delhi Bench of Income Tax Appellate Tribunal dismissed GAIL India Limited’s appeal as withdrawn after the company opted for the Direct Tax Vivad Se Vishwas Scheme, 2024, for the assessment year 2018-19. GAIL India Limited, appellant-assessee, challenged the final assessment order dated July 25th, 2022, for the assessment year 2018-2019. This order was passed…

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