Case Number: ITA 5443/DEL/2019
Appellant: Sinopharm India Pvt. Ltd., New Delhi
Respondent: DCIT Circle-23(2), New Delhi
Assessment Year: 2015-16
Case Filed On: 2019-06-19
Order Type: Final Tribunal Order
Date of Order: 2021-04-30
Pronounced On: 2021-04-30
Sinopharm India Pvt. Ltd., located at Unit No. 403-404, 4th Floor, Southern Park, Saket District Centre, New Delhi, filed an appeal against the order of the learned CIT(A)-XXV, New Delhi, dated 07.05.2019. The appeal was related to the assessment year 2015-16.
The primary reason for filing the case was a dispute regarding tax arrears for the assessment year 2015-16. The appellant, Sinopharm India Pvt. Ltd., sought to resolve the dispute under the Vivad Se Vishwas Scheme, 2020, which aims to reduce litigation and settle tax disputes amicably.
The case was presented before the Delhi Bench ‘B’ of the Income Tax Appellate Tribunal (ITAT), comprising Shri G.S. Pannu, Vice President, and Shri Kul Bharat, Judicial Member. The hearing took place on 30.04.2021 via video conferencing due to the ongoing pandemic situation.
The appellant, represented by its counsel, submitted a letter dated 16.04.2021, requesting the withdrawal of the appeal. The letter stated that the appellant had opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. The appellant also submitted a certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, confirming their participation in the scheme.
The respondent, represented by Sh. R.K. Gupta, Senior Departmental Representative (DR), had no objection to the appellant’s request for withdrawal of the appeal.
After reviewing the submissions and considering the request for withdrawal, the tribunal accepted the appellant’s request. The tribunal dismissed the appeal as withdrawn, noting that the dispute would be resolved under the Vivad Se Vishwas Scheme, 2020.
The case between Sinopharm India Pvt. Ltd. and DCIT Circle-23(2), New Delhi, highlights the effectiveness of the Vivad Se Vishwas Scheme, 2020, in resolving tax disputes amicably. By opting to settle the dispute under the scheme, Sinopharm India Pvt. Ltd. was able to avoid prolonged litigation and potentially reduce the burden of tax arrears. This case serves as a reminder for other taxpayers about the benefits of utilizing such schemes to resolve disputes efficiently and effectively.
In conclusion, the appeal filed by Sinopharm India Pvt. Ltd. was dismissed, and the tribunal affirmed the resolution of the dispute under the Vivad Se Vishwas Scheme, 2020. This case exemplifies the importance of exploring alternative dispute resolution mechanisms to achieve timely and satisfactory outcomes.
Order pronounced in the open court on 30th April, 2021.
Signed:
(KUL BHARAT) JUDICIAL MEMBER
(G.S. PANNU) VICE PRESIDENT
Copy forwarded to:
Assistant Registrar, ITAT, Delhi
Sinopharm India Pvt. Ltd. vs DCIT Circle-23(2), New Delhi: Case Analysis on Tax Arrears Dispute
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