This document provides a comprehensive review of the tax appeal case ITA No. 937/DEL/2019 involving Rachna Maloo. The case, pertinent to the assessment year 2011-12, was resolved under the Vivad Se Vishwas Scheme, which aims to reduce litigation in direct tax disputes.
Rachna Maloo, the appellant, challenged the assessment order by DCIT, Central Circle-25, New Delhi for the year 2011-12. The appeal was initially filed due to disagreements with the tax assessment outcomes.
The appeal was brought before the Income Tax Appellate Tribunal, Delhi Bench. However, before the final hearing, Maloo opted to resolve the dispute under the Direct Taxes Vivad Se Vishwas Scheme, 2020, which provides a framework for amicable resolution of tax disputes.
After filing the necessary forms for the scheme, the tribunal acknowledged the settlement, and the appeal was formally withdrawn. This allowed for a non-contentious resolution of the dispute, showcasing the effectiveness of alternative dispute resolution mechanisms in tax-related matters.
The case of ITA No. 937/DEL/2019 is a testament to the utility of the Vivad Se Vishwas Scheme in reducing prolonged legal battles and fostering a cooperative approach between the taxpayer and the tax authorities. This analysis covers the procedural aspects of the case and the benefits of opting for such government-provided schemes.
Resolution of ITA No. 937/DEL/2019 Under Vivad Se Vishwas Scheme for Rachna Maloo
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