In a significant move within the Income Tax Appellate Tribunal, Delhi, Varun Tyagi decided to resolve his tax disputes under the Vivad Se Vishwas Act, 2020, concerning the assessment year 2015-16. This choice led to the dismissal of ITA No. 44/Del/2019 as the dispute moved towards settlement through the scheme.
Varun Tyagi, a resident of New Delhi, was embroiled in a tax dispute with the Income Tax Officer of Ward – 35(5), stemming from the assessment for the year 2015-16. The appeal against the order of the CIT(A)-12 dated 07.09.2018 was a critical aspect of this legal tangle.
The tribunal, led by Shri G.S. Pannu, Vice President, and Smt. Madhumita Roy, Judicial Member, noted the appellant’s request for withdrawal dated November 11, 2020. Varun Tyagi expressed his intention to settle the dispute under the Vivad Se Vishwas scheme, aimed at reducing litigation and facilitating the resolution of pending disputes related to direct taxes.
On November 24, 2020, during a session held via video conferencing, the tribunal acknowledged the withdrawal and consigned the appeal to records, marking it as dismissed for statistical purposes. However, they noted a caveat allowing the appellant to reinstate the appeal if the dispute under the Vivad Se Vishwas Act is not resolved.
The decision to opt for the Vivad Se Vishwas scheme and the subsequent dismissal of the appeal have significant implications. It reflects a shift towards alternative dispute resolution mechanisms in tax-related matters, promoting a less adversarial and more conciliatory approach to handling such issues. This case serves as a precedent for other taxpayers considering the same route for their disputes.
ITA 44/Del/2019 concluded with Varun Tyagi’s decision to withdraw his appeal in favor of settling under the Vivad Se Vishwas scheme, illustrating the effectiveness of alternative dispute resolution in tax matters. This case highlights the tribunal’s support for initiatives that minimize litigation and promote the resolution of disputes in a non-confrontational manner.
Varun Tyagi Opted for Vivad Se Vishwas Scheme in ITA 44/DEL/2019 for Assessment Year 2015-16
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