Date Filed: February 18, 2019
Assessment Year: 2015-16
Order Type: Final Tribunal Order
Date of Order: July 8, 2022
Pronounced On: July 8, 2022
This case between Ganga Charan and the Income Tax Officer of Ward 38(4), New Delhi addresses disputes from the assessment year 2015-16. It concluded with a significant decision on tax dispute resolution under the Vivad Se Vishwas scheme.
The appeal originated from a decision by the Commissioner of Income-Tax(Appeals)-13, New Delhi, dated January 24, 2019, against which Ganga Charan filed an appeal. The primary issue was the adjustments made during the said assessment year that significantly impacted the tax liabilities.
On July 8, 2022, a virtual hearing was held. Although Ganga Charan was not present, a letter was submitted requesting the withdrawal of the appeal based on a settlement reached under the Vivad Se Vishwas Act, 2020. This letter included a copy of Form 5, issued by the designated authority, confirming the settlement.
The Departmental Representative raised no objections to the withdrawal. The tribunal, upon reviewing the settlement documentation and considering the mutual consent for resolution, allowed the withdrawal of the appeal.
The case was officially closed with the appeal dismissed as withdrawn. This decision underscores the effectiveness of the Vivad Se Vishwas scheme in resolving tax disputes efficiently, reducing the burden on judicial systems, and providing taxpayers with a clear path to reconcile tax issues.
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