Commissioner Of Income Tax It 2 v. General Electric Company

38-ITXA-141-2024.DOCX Chaitanya

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION Digitally signed by CHAITANYA ASHOK JADHAV Date:

2025.12.12 11:27:52 +0530 CHAITANYA ASHOK JADHAV INCOME TAX APPEAL NO. 141 OF 2024 WITH INTERIM APPLICATION NO. 415 OF 2024 IN INCOME TAX APPEAL NO. 141 OF 2024 Commissioner of Income Tax-IT-2 ... Appellant

Versus

General Electric Company ... Respondent ______________________________________________________ Mr. Subir Kumar, for Appellant Mr. Mrunal Jayant Parekh (through Video-Conferencing) i/b DMD Advocates, for Respondent.

______________________________________________________ CORAM : M.S. Sonak & Advait M. Sethna, JJ.

DATED : 10 December 2025 PC:- 1.

Heard Mr. Kumar for the Appellant and Mr. Parekh for the Respondent.

2.

Mr. Parekh submits that this matter has been settled under the Direct Tax Vivad-se-Vishwas Scheme, 2024. He states that the Assessee has also been issued Form-4 indicating full and final settlement.

3.

Relying on the above statement, we dispose of this Appeal. However, we grant the Appellant liberty to apply for

38-ITXA-141-2024.DOCX revival in case it is found that the matter is not settled or otherwise anything survives in this Appeal. Such Application for revival must be made within a reasonable period i.e. on or before 31 March 2026.

4.

Mr. Parekh agrees to provide a copy of Form-4 to Mr. Kumar within a week from today.

5.

The Appeal is disposed of in the above terms with liberty.

6.

The Interim Application does not survive and is also disposed of.

(Advait M. Sethna, J.) (M.S. Sonak, J.)