This analysis covers the appeal filed by Tirupati Buildmart Private Limited against the order of CIT(A)-13, New Delhi for the assessment year 2007-08. The appeal was concluded through a withdrawal facilitated by the Vivad Se Vishwas Scheme.
Appellant: Tirupati Buildmart Private Limited, New Delhi.
Respondent: Income Tax Officer, Ward-25(3), New Delhi.
The legal representatives for the appellant submitted a request for withdrawal of the appeal through an email, citing a resolution of the tax dispute under the Vivad Se Vishwas Act, 2020. This submission was made with the necessary certification under Section 5(1) of the Act, demonstrating the appellant’s commitment to resolve the dispute amicably.
The bench, comprising Ms. Madhumita Roy and Mr. G.S. Pannu, accepted the withdrawal of the appeal. The Senior DR representing the tax department also had no objections to this course of action. The decision was formally pronounced after a virtual hearing, marking a peaceful conclusion to the dispute.
The resolution of the case ITA 982/DEL/2020 under the Vivad Se Vishwas Scheme exemplifies the effectiveness of alternative dispute resolution mechanisms in tax law. This case not only reduced prolonged litigation but also provided a clear path to compliance and finality for the involved parties.
Case Review: ITA 982/DEL/2020 – Settlement through Vivad Se Vishwas
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