Case Number: ITA 786/DEL/2020
Appellant: Ecocap Consulting Private Limited, New Delhi
Respondent: ITO Ward – 8 (1), New Delhi
Assessment Year: 2011-12
Result: Appeal withdrawn
Case Filed on: 2020-02-13
Order Type: Final Tribunal Order
Date of Order: 2021-09-14
Pronounced on: 2021-09-14
Ecocap Consulting Private Limited sought to withdraw its appeal against the order of the CIT(A)-3, New Delhi, pertaining to the assessment year 2011-12. The decision to withdraw the appeal was made in light of the company opting to settle the dispute under the Vivad Se Vishwas Act, 2020, a government initiative aimed at reducing litigation in direct tax disputes.
The appellant submitted a letter seeking permission to withdraw the appeal, citing settlement under the Vivad Se Vishwas scheme. This move highlights the impact of the scheme in encouraging settlements and reducing prolonged litigation in tax-related disputes.
The dismissal of the appeal as withdrawn marks a resolution of the tax dispute for the assessment year 2011-12. This case demonstrates the effectiveness of the Vivad Se Vishwas Act as a tool for resolving disputes and reducing the burden on the judicial system, providing a quicker resolution for taxpayers.
Order Pronounced in the Open Court on 14/09/2021
Member:
Assistant Registrar: Neha
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform