This article provides a detailed examination of the tax appeal in the case of Shruti Aggarwal vs. ITO, Ward-59(4), New Delhi, under ITA No. 1384/DEL/2019 for the assessment year 2015-16, focusing on the strategic decision to withdraw from litigation.
The appeal concerns disputes from the assessment year 2015-16, where Shruti Aggarwal contested adjustments made by the ITO, Ward-59(4), New Delhi. The complexities of the case led to an appeal to the Income Tax Appellate Tribunal, Delhi.
As part of the proceedings, Shruti Aggarwal elected to settle the tax disputes under the Vivad Se Vishwas Scheme, 2020, aiming for a resolution that avoids prolonged litigation. This decision was accompanied by the necessary documentation and certification under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, officially withdrawing the appeal.
The withdrawal under the Vivad Se Vishwas Scheme illustrates a significant shift towards alternative dispute resolution mechanisms in tax cases, promoting a less adversarial and more cooperative resolution environment. This case sets a precedent for other taxpayers considering similar avenues to resolve tax disputes efficiently.
The case of ITA 1384/DEL/2019 is pivotal for understanding the operational dynamics and benefits of the Vivad Se Vishwas Scheme as an effective tool for settling tax disputes. It underscores the advantages of such schemes in reducing the burden on judicial systems and providing taxpayers with a less contentious route to settle disputes.
Case Summary of ITA 1384/DEL/2019: Shruti Aggarwal vs. ITO, Ward-59(4), New Delhi
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