This analysis covers the resolution of a tax dispute involving Kumkum Jain for the assessment year 2015-16 through the Vivad Se Vishwas scheme, showcasing the benefits of this dispute resolution mechanism.
Kumkum Jain, involved in a tax dispute for the assessment year 2015-16, opted for the Vivad Se Vishwas scheme, demonstrating an alternative approach to lengthy judicial processes.
The case proceedings and the final decision to accept the withdrawal of the appeal highlight the tribunal’s support for dispute resolution schemes that expedite tax controversies.
The tribunal’s acceptance of the withdrawal post the successful resolution under the Vivad Se Vishwas scheme underscores the importance of alternative legal remedies in the Indian judicial landscape.
This case is a significant example of how alternative dispute resolution mechanisms like the Vivad Se Vishwas scheme can be effectively utilized to resolve tax disputes, benefiting both the taxpayer and the judiciary.
In-depth Review of ITA No. 111/DEL/2019: Kumkum Jain vs ITO – Resolution through Vivad Se Vishwas
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