Case Number: ITA 1027/DEL/2019
Appellant: Ishwar Chand Kaushik
Respondent: ACIT, Circle 47(1), New Delhi
Assessment Year: 2015-16
Date of Order: July 13, 2021
Pronounced on: July 13, 2021
This case involves Ishwar Chand Kaushik, the appellant, who filed an appeal against the order of the CIT(A)-16, New Delhi, concerning the assessment year 2015-16. However, the appeal was later withdrawn as the appellant opted to settle the tax arrears under the Vivad Se Vishwas Scheme, 2020.
The appellant’s request for withdrawal was based on his decision to settle under the Vivad Se Vishwas Scheme, indicating a preference for resolution outside of the tribunal’s proceedings. This decision was facilitated by the submission of a certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, confirming his eligibility and decision to opt for the scheme.
The Vivad Se Vishwas Scheme was introduced as a part of the government’s efforts to reduce litigation in direct tax matters and to provide a mechanism for the settlement of pending tax disputes. The decision by Ishwar Chand Kaushik to opt for this scheme highlights its practical implications and the circumstances under which appellants may find it beneficial to settle disputes out of court.
The tribunal, acknowledging the appellant’s decision and the lack of objection from the Senior DR, accepted the withdrawal of the appeal. This case is a significant example of how tax disputes can be resolved through government schemes aimed at reducing litigation and providing certainty to taxpayers.
The appeal was dismissed as withdrawn, and the case was concluded with the appellant settling the dispute through the Vivad Se Vishwas Scheme. This outcome demonstrates the effectiveness of alternative dispute resolution mechanisms in the context of tax litigation.
Case Summary of ITA 1027/DEL/2019: Ishwar Chand Kaushik’s Opt-In for Vivad Se Vishwas Scheme
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