Seeking withdrawal of Revenue Appeal - Resolution of dispute ...

Taxpayer Dispute with Revenue Resolved via Mutual Agreement Procedure with U.S.A., Confirms CBDT.

April 7, 2021

Case Laws Income Tax AT

Seeking withdrawal of Revenue Appeal - Resolution of dispute under Mutual Agreement Procedure [MAP] with the U.S.A. - We are of the considered view that the letter dated 02.03.2021 written by the CBDT to the taxpayer stating therein that since all the issues raised by virtue of the taxpayer’s appeals as well as Revenue’s appeals have been settled once for all under MAP proceedings, nothing survives and as such, the contentions raised by the ld. DR to keep the appeals filed by the Revenue alive till completion of some formalities are not sustainable. - AT

View Source

← Previous Next →

Seeking withdrawal of Revenue Appeal - Resolution of dispute ...

Taxpayer Dispute with Revenue Resolved via Mutual Agreement Procedure with U.S.A., Confirms CBDT.

April 7, 2021

Case Laws Income Tax AT

You may also like:

CBDT lays down an institutional mechanism to quickly resolve the taxpayers' grievances arising on account of high-pitched and unreasonable additions made by the Assessing Officers

Rejection of petitioner’s application under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 - the legislative intent to enact the SVLDR Scheme was to include...

Reference of dispute between the parties to the Arbitrator - the dispute is with respect to sharing of the rent of the leased space and it can be said that the...

Rollback of an Advance Pricing Agreement - Income-tax (Third Amendment) Rules, 2015 - CBDT issues Notification

HC held disputes between partners of LLP and the LLP itself are arbitrable under the arbitration agreement in LLP Agreement, even when LLP is not a signatory. The First...

CBIC clarifies procedure for departmental appeals regarding interest/penalty under Section 128A of CGST Act. Where taxpayers have fully paid tax demands under Section 73...

Tax authority rejected rectification application filed by taxpayer for zero-rated supply citing violation of principles of natural justice. Court examined impugned...

Procedure for get Declaration under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019

Existence of PE in India - Mutual Agreement Procedure - The MAP procedure and agreement, is no doubt relevant but cannot be determinative or the primary basis to decide...

Dishonour of Cheque - amicable settlement of disputes - The Court observed that since the financial disputes underlying the criminal complaints had been resolved...

ITAT affirmed CIT(A)'s directive to grant TDS credit per Form 26AS despite taxpayer's initial failure to claim full credit in tax return due to software technical issues....

Refund of unutilised input tax credit - non-compliance with the procedure - When the entitlement of the petitioner for refund is not in dispute and the appellate...

HC determined that typographical error in address on notice under s.148 of IT Act does not invalidate reassessment proceedings. Taxpayer's claim for India-Singapore DTAA...

ITAT determined that the period of holding for capital gains calculation should be reckoned from the date of the registered allotment agreement (03.10.2016), not the...

Assessee followed joint venture model for sharing revenue with collaborators as per franchise agreement. Assessee recorded all revenues, incurred expenditure, and shared...

Quick Updates: