The case ITA 908/DEL/2019 involves an appeal filed by Mr. Deepak Choudhary against the order of the Commissioner of Income Tax (Appeals)-11, New Delhi, for the assessment year 2015-16. The case was filed on February 6, 2019, and the final tribunal order was pronounced on June 22, 2022.
Deepak Choudhary challenged the assessment year 2015-16 findings from the Income Tax Department. The original assessment was questioned, leading to an appeal before the CIT(A) which was subsequently taken to the ITAT for a final decision.
During the proceedings, Mr. Choudhary opted to settle the dispute through The Direct Tax Vivad Se Vishwas Scheme, 2020, which aims to resolve pending tax disputes by providing an opportunity to settle tax liabilities with waivers on penalties and interest under certain conditions.
The assessee filed Form Nos. 1 and 2 under the Scheme, seeking to withdraw the appeal. The Department issued Form No. 5 to the assessee, formalizing the settlement. Consequently, the tribunal acknowledged the settlement and allowed the withdrawal of the appeal.
The tribunal, agreeing with both parties’ consent to the withdrawal under the scheme, dismissed the appeal as withdrawn. This dismissal reflected the scheme’s role in facilitating efficient dispute resolution without further litigation.
The resolution of ITA 908/DEL/2019 under the Vivad Se Vishwas Scheme exemplifies the potential of such schemes to simplify and expedite the resolution of tax disputes. It reduces the litigation burden on the judiciary and provides a clear path for taxpayers to resolve their disputes amicably.
This case serves as a precedent for similar disputes, highlighting the benefits of opting for governmental schemes aimed at reducing litigation in tax-related matters. The final order was pronounced openly in court on June 22, 2022, by the ITAT members, providing a swift conclusion to the proceedings.
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