This article reviews the Income Tax Appellate Tribunal’s handling of ITA No. 1022/DEL/2019, where Jai Bhagwan Singh Chauhan seeks to resolve a tax dispute under the Vivad Se Vishwas Scheme for the assessment year 2008-09.
Jai Bhagwan Singh Chauhan, a resident of Rewari, Haryana, faced a tax assessment challenge for the year 2008-09, which led to an appeal against the order of the CIT(A), Rohtak dated December 7, 2018.
In a strategic shift, Chauhan decided to withdraw his appeal and settle the dispute through the government’s Vivad Se Vishwas Scheme, 2020, designed to mitigate long-standing tax disputes. This move was facilitated by the submission of a certificate under Section 5(1) of the scheme, confirming his eligibility and intent to settle.
The tribunal session, held via video conferencing due to ongoing health precautions, saw no objections from the Senior DR to the withdrawal of the appeal. The decision was pronounced on the same day, allowing for the dismissal of the appeal as withdrawn.
This section delves into the legal implications of opting for settlement under the Vivad Se Vishwas Scheme, discussing its impact on taxpayers and the administrative tax process. It considers the advantages of such settlements in reducing litigation and providing fiscal certainty to taxpayers.
The case of Jai Bhagwan Singh Chauhan exemplifies the potential benefits of the Vivad Se Vishwas Scheme as an effective tool for resolving tax disputes without prolonged litigation. The Tribunal’s acceptance of the withdrawal highlights the procedural aspects and judicial endorsement of alternative dispute resolution mechanisms in tax matters.
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