This case involves Geeta Malhotra, who contested the findings of the CIT(A)-7, New Delhi, for the assessment year 2015-16. The dispute was resolved amicably under the Direct Tax Vivad Se Vishwas Act, 2020.
The appellant, Geeta Malhotra, was aggrieved by the order dated January 11, 2019, of the CIT(A)-7, New Delhi. However, opting for a conciliatory resolution, she chose to settle the dispute through the Vivad Se Vishwas Scheme, 2020, and submitted the necessary certificates under Section 5(1) of the Act, confirming the settlement.
During the scheduled virtual hearing, no representative appeared on behalf of the assessee, but a letter dated December 22, 2020, confirmed her decision to withdraw the appeal due to the settlement. The Senior DR did not object, and the Tribunal accepted the withdrawal, leading to the dismissal of the appeal as withdrawn.
This case illustrates the utility of the Vivad Se Vishwas Scheme as an effective tool for reducing litigation in tax-related disputes, showcasing its role in facilitating quick resolutions and reducing the burden on judicial resources.
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