This case study examines the appeal ITA No. 4765/DEL/2019 where Amit Kumar Jain of New Delhi contests the assessment decision made by ITO, Ward-38(5), New Delhi for the Assessment Year 2015-16. The primary focus is Jain’s decision to resolve the dispute through the Direct Tax Vivad se Vishwas Scheme.
Amit Kumar Jain filed an appeal against the CIT(A)-13’s decision dated March 20, 2019. This case was noted for a virtual hearing on April 15, 2021, emphasizing the prolonged nature of tax disputes and the impact of virtual hearings on judicial processes.
The ‘Vivad se Vishwas’ scheme introduced by the Government of India aims to provide a mechanism for the settlement of pending tax disputes. This scheme allows for a resolution without further litigation, aiming to benefit both the taxpayer and the administration by reducing the backlog of cases.
During the proceedings, Amit Kumar Jain submitted a request for withdrawal of the appeal, citing his decision to settle the dispute under the Vivad se Vishwas Scheme. A certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 was filed to support this decision.
Given Jain’s move towards settlement through the scheme, the Tribunal accepted his request for withdrawal of the appeal. This decision underscores the potential of alternative dispute resolution mechanisms in tax disputes and highlights administrative efficiency in facilitating such resolutions.
This case underlines the importance of government initiatives like the Vivad se Vishwas Scheme in resolving long-standing disputes and reducing judicial backlog, thereby emphasizing the evolving nature of tax litigation.
Tax Dispute Resolution under Vivad Se Vishwas for Amit Kumar Jain in ITA No. 4765/DEL/2019
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