Appellant: Manoj Kumar Jain
Respondent: ITO, Ward 63(3), New Delhi
The case concerns the tax dispute for the assessment year 2007-08, where Manoj Kumar Jain appealed against the order of Ld. CIT(Appeals)-18, New Delhi dated January 10, 2019.
The appeal was withdrawn by the appellant following the settlement of the dispute under the Vivad se Vishwas Scheme, 2020, a government initiative aimed at reducing litigation in direct tax matters. This resolution was facilitated by the issuance of Form No. 3, acknowledging the settlement.
This case illustrates the effectiveness of alternative dispute resolution mechanisms in tax matters, providing a swift conclusion to potentially prolonged litigation. The outcome underlines the importance of such schemes in the landscape of tax law and enforcement.
Tax Resolution in ITA 1361/DEL/2019: Manoj Kumar Jain vs. ITO Ward – 63(3), New Delhi
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