This article examines the tribunal case ITA 200/DEL/2019 involving Deepesh Kumar Gupta’s appeal against the ACIT, Circle-47(1), New Delhi, for the assessment year 2015-16.
The appeal by Deepesh Kumar Gupta was directed against the order of CIT(A)-16, New Delhi. The matter pertained to the assessment year 2015-16, where significant tax arrears were in dispute.
The appellant opted to resolve the dispute through the Vivad Se Vishwas Scheme, 2020. A formal withdrawal of the appeal was requested via email before the scheduled hearing, and a certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 was submitted, confirming the settlement.
The tribunal, after reviewing the withdrawal request and the settlement certificate, accepted the withdrawal of the appeal. The learned Senior DR also raised no objection to this resolution.
The decision to opt for the Vivad Se Vishwas Scheme indicates a strategic approach to resolving tax disputes, highlighting the scheme’s role in providing a straightforward resolution mechanism for pending tax litigations. This case exemplifies how taxpayers and authorities can efficiently resolve disputes without protracted litigation.
Case Analysis of ITA 200/DEL/2019: Deepesh Kumar Gupta vs. ACIT, Circle-47(1), New Delhi
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