This case involves D.R. Johns Lab Pvt. Ltd., which filed an appeal against the order of the Commissioner of Income Tax (Appeals)-3, New Delhi, for the assessment year 2011-12. The case was pronounced on February 17, 2023.
Appellant: D.R. Johns Lab Pvt. Ltd., New Delhi.
Respondent: ACIT, Circle-7(1), New Delhi.
The appellant opted to settle the dispute under the Direct Tax Vivad se Vishwas Act, 2020. A significant step in the proceedings was the withdrawal of the appeal following the issuance of the settlement certificate (Form No. 3) by the designated authority.
With no objections from the Departmental Representative, the Tribunal, led by Shri Saktijit Dey, allowed the withdrawal of the appeal. This decision highlights the effectiveness of the Vivad se Vishwas scheme in resolving disputes and reducing litigation in the tax system.
The dismissal of the appeal as withdrawn underlines the willingness of both parties to utilize alternative dispute resolution mechanisms to settle tax disputes efficiently. This case is a pertinent example of how legal frameworks like Vivad se Vishwas can aid in the quick resolution of disputes, providing a clear path for other similar cases.
The final order was pronounced in the open court on February 17, 2023, demonstrating the formal conclusion of the litigation with the withdrawal of the case by D.R. Johns Lab Pvt. Ltd.
Settlement Analysis: ITA 979/DEL/2020 Under Vivad se Vishwas
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