This case involves Anita Vasisht, who appealed against the order of the CIT(Appeals)-Faridabad for the assessment year 2010-11. The appeal was settled under the Vivad Se Vishwas Scheme, 2020.
Anita Vasisht filed her return of income for the assessment year 2010-11, which was selected for scrutiny. Disputes arose during the assessment, leading to an appeal before the Income Tax Appellate Tribunal (ITAT). The appellant challenged the findings of the ITO, Ward-1(4), Faridabad.
During the proceedings, the appellant’s counsel informed the ITAT that Anita Vasisht had opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020. The necessary forms (Form No. 1 & 2) had been issued, and the appellant requested the withdrawal of the appeal, subject to the issuance of Form No. 3.
The ITAT acknowledged the request and dismissed the appeal as withdrawn, subject to the issuance of Form No. 3 in favor of the assessee. This resolution under the Vivad Se Vishwas Scheme highlights the effectiveness of the scheme in resolving tax disputes amicably.
This case serves as an example of how the Vivad Se Vishwas Scheme can be utilized to settle longstanding tax disputes efficiently. It underscores the scheme’s role in reducing litigation and providing a clear path to dispute resolution.
The detailed order is as follows:
IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCHES “SMC-1”: DELHI
BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER
ITA.No.566/Del./2019
Assessment Year 2010-11
Anita Vasisht, C/o Sunil Suresh & Associates, B-20/21, Fruit Garden, NH-V, Faridabad, Haryana. PAN No. ACOPV5480H vs. ITO, Ward 1(4), Faridabad.
(Appellant) (Respondent)
For Assessee: Shri Vivek Bansal, Adv.
For Revenue: Shri Prakash Dubey, Sr. DR
Date of Hearing: 06.01.2021
Date of Pronouncement: 06.01.2021
ORDER
This appeal by the assessee has been directed against the order of Ld. CIT(Appeals)-Faridabad dated 30.11.2018 for AY 2010-11.
2. Ld. Counsel for the assessee submitted that the assessee has settled the matter under the Vivad se Vishwas Scheme, 2020 and Form No. 1 & 2 have been issued. He has, therefore, submitted that the appeal of the assessee may be dismissed as withdrawn, subject to the issuance of Form No. 3.
3. In view of the above, the appeal of the assessee stands disposed of in terms above, subject to the issuance of Form No. 3 in favor of the assessee.
Order pronounced in the open Court on 06.01.2021.
Sd/-
(BHAVNESH SAINI)
JUDICIAL MEMBER
Dated: 06.01.2021
*Kavita Arora
Copy to:
1. The appellant
2. The respondent
3. CIT(A) concerned
4. CIT concerned
5. D.R. ITAT ‘SMC’ Bench, Delhi
6. Guard File.
// BY Order //
Assistant Registrar: ITAT Delhi Benches: Delhi.
Case Summary of ITA 566/DEL/2019: Anita Vasisht vs ITO Ward-1(4), Faridabad
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