Overview of ITA 6786/DEL/2019
The case of Sarika Aggarwal vs DCIT, Central Circle, Karnal, documented under ITA 6786/DEL/2019, is for the assessment year 2015-16. The final tribunal order was pronounced on September 11, 2020, by the bench consisting of Vice President Shri G.S. Pannu and Judicial Member Shri K. Narasimha Chary.
This case is notable for its resolution through the Vivad Se Vishwas Scheme, which is designed to streamline the resolution of pending tax disputes. Sarika Aggarwal, the appellant, opted to settle the tax disputes pertaining to the assessment year 2015-16 under this scheme, which led to the withdrawal of her appeal.
Procedural Details of the Tribunal’s Decision
The order initially contested by Sarika Aggarwal was dated June 28, 2019, by the CIT(A)-3, New Delhi. Subsequently, through a letter dated September 1, 2020, the counsel for the assessee requested the withdrawal of the appeal, citing the settlement under the Vivad Se Vishwas Scheme. The Departmental Representative raised no objections to this request.
The tribunal accepted the withdrawal, emphasizing the effectiveness and utility of the Vivad Se Vishwas scheme in resolving disputes amicably and expediently. The decision, reached through a virtual hearing, was announced promptly, showcasing the adaptability of the judiciary during the COVID-19 pandemic.
Significance and Impact
The case illustrates the practical implications of the Vivad Se Vishwas Scheme in tax litigation. By opting for this scheme, Sarika Aggarwal was able to conclusively settle her disputes without prolonged litigation, highlighting the scheme’s role in reducing the backlog of cases and facilitating efficient tax administration.
This instance serves as a precedent for similar cases, underlining the potential benefits of alternative dispute resolution mechanisms in the realm of tax law.
