In the case of ITA 31/DEL/2019, Sunil Kumar, a resident of Delhi, decided to withdraw his appeal against the Income Tax Officer, Ward-70(2), New Delhi, concerning the assessment year 2014-15. This decision came after the orders from Ld. CIT(A)-15, New Delhi, which were based on assessments under sections 143(3) and 271(1)(c) of the Income-tax Act, 1961.
The appeals were withdrawn as Sunil Kumar chose to settle the dispute under the ‘Vivad Se Vishwas Scheme, 2020’, a governmental initiative aimed at reducing litigation in direct tax matters. By opting for this scheme, Kumar aimed to resolve his tax arrears efficiently, avoiding prolonged legal battles. This move was facilitated by the filing of certificates under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, which were crucial in formalizing the withdrawal.
The case, which concluded with a virtual hearing on February 10, 2021, presents a clear instance where the assessee and the tax authority could amicably settle disputes through government-backed schemes designed to reduce judicial backlog and encourage compliance.
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