The appeal of Yasmine Hilton against the Income Tax Officer (International Taxation), Gurgaon, marked by ITA No. 1267/DEL/2019 for the assessment year 2015-16, captures the essence of disputes resolved under the Vivad Se Vishwas Scheme.
The case centers around a tax dispute for the assessment year 2015-16, addressed in the Delhi Bench ‘A’ of the Income Tax Appellate Tribunal. Represented by Sh. Vishal Kalra, Yasmine Hilton sought to withdraw the appeal initially filed against orders by the learned CIT(A), New Delhi.
The proceedings highlight the application of the Vivad Se Vishwas Scheme, 2020, an initiative aimed at reducing litigation in the direct taxes segment. The appeal was withdrawn as the assessee opted to settle the dispute under this scheme, illustrating a shift towards more conciliatory fiscal dispute resolutions.
This case was dismissed as withdrawn on the conclusion of a virtual hearing, underscoring the flexibility and responsiveness of the judiciary amid technological advancements in judicial processes. The resolution via the Vivad Se Vishwas Scheme showcases the government’s commitment to streamline tax litigations and reduce the burden on the judicial system.
This analysis not only sheds light on the specifics of the tax dispute involving Yasmine Hilton but also reflects on the broader implications of the Vivad Se Vishwas Scheme in resolving long-standing tax disputes efficiently.
Settlement of Tax Disputes under Vivad Se Vishwas: Yasmine Hilton vs ITYO for AY 2015-16
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