The case ITA 806/DEL/2020 involves appellant Geeta Mahajan from Faridabad, who contested the income tax assessment for the year 2015-16. The appeal was notably settled under the Direct Tax Vivad Se Vishwas Scheme, 2020.
Ms. Mahajan appealed against the decision of the Commissioner of Income Tax (Appeals) Faridabad dated December 23, 2019. During the tribunal hearings, it was revealed that Ms. Mahajan chose to settle the case under the Vivad Se Vishwas Scheme, leading to a significant turn towards resolution without further conflict.
The settlement process under the Vivad Se Vishwas Act involved Ms. Mahajan submitting Form No. 5, officially issued by the Department on November 25, 2021. This form signifies the assent of both parties to resolve the dispute outside the conventional adjudication process.
With mutual agreement between the disputing parties and after careful consideration by the tribunal, the appeal was allowed to be withdrawn, and the case was dismissed. This outcome highlights the effectiveness of the Vivad Se Vishwas Scheme as a dispute resolution mechanism in tax matters, offering a streamlined and less adversarial approach.
This case sets a precedent for how tax disputes can be efficiently handled through government schemes aimed at reducing litigation. It underscores the importance of alternative dispute resolution mechanisms in the Indian tax system, providing a quicker, cost-effective way to settle disputes.
Order was pronounced in the open court on July 18, 2022, by Judicial Member Yogesh Kumar US and Accountant Member Shamim Yahya.
Tax Appeal Case ITA 806/DEL/2020: Settlement of Geeta Mahajan’s Dispute under Vivad Se Vishwas
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