This document examines the Income Tax Appellate Tribunal’s decision in the case between Nest Dwelling Concept Pvt. Ltd. and ITO Ward 18(1), New Delhi for the Assessment Year 2009-10, focusing on the dismissal of the appeal.
The appeal was filed by Nest Dwelling Concept Pvt. Ltd. against the order of the CIT(A)-37, New Delhi dated March 30, 2019. The case was scheduled for a hearing via video conferencing on March 4, 2021.
On the day of the hearing, the appellant informed the tribunal about their application under the Vivad Se Vishwas Scheme, 2020, aiming to settle the dispute. Acknowledging this, the tribunal decided to dismiss the appeal as withdrawn. However, they granted liberty to the appellant to approach the Tribunal again if the dispute could not be settled under the scheme.
The analysis explores the procedural aspects of the dismissal and the implications of the Vivad Se Vishwas Scheme on ongoing tax litigation. It discusses the tribunal’s approach to cases where the dispute resolution scheme is applied.
The decision to dismiss the appeal highlights the impact of alternative dispute resolution mechanisms in tax litigation. This document elaborates on the tribunal’s decision-making process and the legal framework supporting such dismissals.
Nest Dwelling Concept Pvt. Ltd. vs ITO Ward 18(1) for AY 2009-10: Case Dismissal
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