Case Withdrawal of Amit Kakkar under Vivad Se Vishwas Scheme for AY 2007-08

Introduction

This case review discusses the withdrawal of the appeal by Amit Kakkar, the proprietor of Kakkar Bartan Store, against the order of the CIT(A)-36, New Delhi, for the assessment year 2007-08. The withdrawal occurred under the Vivad Se Vishwas Scheme, aimed at reducing litigation and providing relief on tax disputes.

Background of the Case

Amit Kakkar initially filed an appeal against the income tax assessment for 2007-08, challenging the order made by the CIT(A)-36. However, the appeal was withdrawn after opting into the Direct Tax Vivad Se Vishwas Act, 2020, which allows for amicable dispute resolution without further litigation.

Proceedings and Final Decision

The tribunal, consisting of Shri G.S. Pannu, Vice President, and Shri Kul Bharat, Judicial Member, accepted the withdrawal request after verifying the certificate provided under Section 5(1) of the Vivad Se Vishwas Act, confirming the settlement of the dispute. The Senior DR representing the tax authorities raised no objection to this withdrawal.

Conclusion

The case highlights the effectiveness of the Vivad Se Vishwas Scheme as a tool for reducing litigation and resolving tax disputes. The withdrawal marks a significant resolution of a long-standing dispute, showcasing the potential benefits of such schemes in the realm of tax litigation.

The decision, delivered via virtual hearing on March 3rd, 2021, underscores the evolving landscape of tax dispute resolution in India.

Case Withdrawal of Amit Kakkar under Vivad Se Vishwas Scheme for AY 2007-08