Case Number: ITA 5183/DEL/2019
Appellant: Sri Dwarika Dheesh Steels Pvt. Ltd., Faridabad
Respondent: ITO, Ward- 2(4), Faridabad
Assessment Year: 2015-16
Order Type: Final Tribunal Order
Date of Order: March 25, 2021
Case Filed on: June 6, 2019
Pronounced on: March 25, 2021
The company was embroiled in a tax dispute for the assessment year 2015-16, challenging the order of the CIT(A)-Faridabad dated March 31, 2019.
In an effort to resolve the dispute amicably, the company opted to settle under the Direct Tax Vivad Se Vishwas Act, 2020. This decision led to the withdrawal of the appeal, which was accepted by the tribunal, resulting in the dismissal of the appeal as withdrawn.
The tribunal acknowledged the certificate submitted under Section 5(1) of the Vivad Se Vishwas Act, confirming the successful resolution of the dispute.
This case illustrates the effectiveness of the Vivad Se Vishwas scheme in facilitating amicable dispute resolution and reducing prolonged litigation, providing a streamlined approach to settling tax disputes.
ITA 5183/DEL/2019: Settlement of Tax Dispute for AY 2015-16 under Vivad Se Vishwas
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