Case Number: ITA 5466/DEL/2019
Appellant: Chetan Khurana, Delhi
Respondent: ACIT Circle-46(1), New Delhi
Assessment Year: 2017-18
Result: Final Tribunal Order
Case Filed on: 2019-06-20
Date of Order: 2021-10-27
Pronounced on: 2021-10-27
The case between Chetan Khurana and the Income Tax Officer of Circle-46(1), New Delhi was centered on disputes related to the assessment year 2017-18. Initially filed as a challenge against a prior tax assessment, the case was later withdrawn by the appellant.
The appeal was initiated against the order of the CIT(A)-16, New Delhi dated April 30, 2019. The dispute was related to tax arrears for the fiscal year 2017-18, prompting the filing of the appeal by Chetan Khurana.
The Vivad Se Vishwas Scheme, introduced by the government in 2020, provides a framework for the settlement of pending tax disputes outside the courtroom. Chetan Khurana opted for this scheme, and a settlement certificate under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 was secured, confirming the resolution of the disputed tax arrears.
Upon requesting withdrawal under the Vivad Se Vishwas Scheme, the Income Tax Appellate Tribunal (ITAT) accepted the withdrawal, and the appeal was formally dismissed as withdrawn. This facilitated a resolution agreeable to both the taxpayer and the tax authority, emphasizing the scheme’s role in reducing litigation.
The dismissal of the case underlines the effectiveness of alternative dispute resolution mechanisms in tax matters, promoting quicker and less adversarial resolutions. The tribunal’s recognition of the withdrawal highlights the importance of such schemes in reducing judicial backlog and encouraging compliance with tax laws.
Order pronounced in the open court on 27th October, 2021.
Signatories:
Kuldip Singh, Judicial Member
R. K. Panda, Accountant Member
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