Case Number: ITA 1676/DEL/2019
Appellant: Madhu Bala Jain, New Delhi
Respondent: ITO, Ward-59(4), New Delhi
Assessment Year: 2014-15
Case Filed On: 2019-02-28
Order Type: Final Tribunal Order
Date of Order: 2020-10-23
Pronounced On: 2020-10-23
The case of Madhu Bala Jain vs ITO, Ward-59(4), New Delhi (ITA 1676/DEL/2019) revolves around the settlement of a tax dispute under the Vivad Se Vishwas Scheme, 2020. Filed on 28th February 2019, this case pertains to the assessment year 2014-15 and was adjudicated by the Income Tax Appellate Tribunal (ITAT) in New Delhi. The final tribunal order was issued on 23rd October 2020, with the judgment pronounced on the same day.
Madhu Bala Jain, residing in New Delhi, filed her return of income for the assessment year 2014-15. Aggrieved by the order of the Commissioner of Income Tax (Appeals) [CIT(A)]-19, New Delhi, dated 10th January 2019, Madhu Bala Jain appealed to the ITAT. However, during the pendency of the appeal, the appellant opted to settle the tax dispute under the Vivad Se Vishwas Scheme, 2020.
The appellant, through her counsel, submitted a letter dated 19th October 2020, requesting the withdrawal of the appeal. The letter, received via email, stated that Madhu Bala Jain had opted to settle the tax dispute for the assessment year 2014-15 under the Vivad Se Vishwas Scheme. A certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, was also filed, indicating the settlement of the tax arrears.
The ITAT, led by Justice P.P. Bhatt, Hon’ble President, and Shri G.S. Pannu, Hon’ble Vice President, examined the appeal on 23rd October 2020. The tribunal noted the appellant’s request for withdrawal of the appeal and the certificate filed under the Vivad Se Vishwas Scheme. The learned Senior DR raised no objections to the withdrawal request.
The tribunal accepted the appellant’s request for withdrawal of the appeal, leading to the dismissal of the case as withdrawn. The tribunal’s final judgment stated:
In view of the above, we accept the request of the assessee for withdrawal of the appeal.
In the result, the appeal of the assessee is dismissed as withdrawn.
Above decision was announced in the presence of both the parties on conclusion of Virtual Hearing on 23rd October, 2020.
-Sd/- (G.S. PANNU) VICE PRESIDENT
-Sd/- (JUSTICE P.P. BHATT) PRESIDENT
This case highlights the procedural option of settling tax disputes under the Vivad Se Vishwas Scheme, which aims to resolve pending litigation and reduce tax arrears. Similar cases underline the importance of utilizing government schemes for dispute resolution and the benefits of opting for settlement over prolonged litigation.
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