This case involves Pernia Qureshi Consultancy Pvt. Ltd. against the order of CIT(A)-27, New Delhi for the assessment year 2012-13, which concluded with the withdrawal of the appeal under the Vivad Se Vishwas scheme.
Appellant: Pernia Qureshi Consultancy Pvt. Ltd., New Delhi.
Respondent: DCIT Central Circle-07, New Delhi.
The company sought to withdraw the appeal, leveraging the Direct Tax Vivad Se Vishwas Act, 2020, to resolve the dispute. This request was made shortly before the scheduled virtual hearing and was supported by a formal certificate under Section 5(1) of the Act.
The Tribunal, led by Vice President Shri G.S. Pannu and Judicial Member Shri Kul Bharat, accepted the withdrawal request. The decision was made in the interest of facilitating a quicker resolution under the scheme, supported by both parties’ agreement to the withdrawal.
This case highlights the utility and success of the Vivad Se Vishwas scheme in resolving disputes and reducing ongoing litigation, aligning with governmental efforts to streamline tax dispute resolutions.
The dismissal of the appeal as withdrawn not only resolves the immediate fiscal dispute but also promotes the broader objective of reducing pending cases and fostering compliance through mutual consent. This example serves as a beacon for other taxpayers considering similar resolutions.
Case Review: ITA 990/DEL/2020 – Withdrawal under Vivad Se Vishwas
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