In ITA 33/DEL/2019, Faridabad Hotel Delite Pvt. Ltd., located on Neelam Bata Road in Faridabad, approached the Income Tax Appellate Tribunal with a plea to withdraw their appeal against the income tax order dated October 31, 2018, by the Commissioner of Income Tax (Appeals), Faridabad. This appeal concerned the assessment year 2010-11 and reflected a pivotal decision to seek resolution through the Direct Tax Vivad Se Vishwas Act, 2020.
The legal representatives for the appellant, supported by Ms. Gunjan Jain, Advocate, submitted a formal request for withdrawal, signifying the company’s intention to resolve the dispute amicably under the government’s scheme designed to reduce litigation. The Senior Departmental Representative, Shri Saras Kumar, did not oppose this move, aligning with the intent of the scheme to foster a cooperative approach to tax resolution.
This case exemplifies how the Vivad Se Vishwas scheme serves as a beneficial option for corporations to settle longstanding disputes without further legal proceedings, highlighting its effectiveness in cutting down prolonged litigation and promoting a straightforward resolution process.
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