The case involving Rekha Bhuwalka against the Income Tax Officer (ITO), Ward-2(2), Ghaziabad, marked by ITA No. 562/DEL/2019 for the assessment year 2015-16, concluded with a significant decision. The dispute was resolved under the Direct Tax Vivad Se Vishwas Act, 2020, a legal framework designed to settle pending tax disputes efficiently.
The proceedings, held via video conferencing, were overseen by Shri G.S. Pannu, Vice President, and Shri Amit Shukla, Judicial Member. The appeal was initially lodged against the CIT(A), Ghaziabad’s decision dated November 30, 2018.
On December 14, 2020, the assessee, Rekha Bhuwalka, opted to withdraw her appeal after settling the dispute under the Vivad Se Vishwas Scheme. The Tribunal accepted her withdrawal following the submission of Form No.3, confirming the settlement. This resolution not only provided closure to the case but also underscored the effectiveness of the Vivad Se Vishwas Scheme in resolving tax disputes.
This case highlights the government’s efforts to reduce litigation in tax-related matters and the options available to taxpayers for amicable dispute resolution.
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