Tax Settlement under Vivad Se Vishwas for Vibha Jain vs. ITO Ward-32(4) – ITA 6156/DEL/2019

Introduction

The Income Tax Appellate Tribunal’s decision in ITA No. 6156/DEL/2019 reflects a significant resolution between Vibha Jain and the Income Tax Officer of Ward-32(4), New Delhi. This case, concerning the assessment year 2010-11, highlights the effectiveness of the Vivad Se Vishwas scheme in resolving long-standing tax disputes.

Case Background

Vibha Jain, a resident of Muzaffarnagar, faced a tax assessment dispute for the year 2010-11, which was initially reviewed by CIT(A)-11, New Delhi. Disagreements on the assessment led Jain to appeal to the Income Tax Appellate Tribunal, seeking a fair reevaluation.

Legal Proceedings

During the virtual hearing presided by Shri G.S. Pannu and Shri K.N. Chary, the case was discussed in detail. Although Vibha Jain was not present, her intent to resolve the dispute through the Vivad Se Vishwas Scheme was clear, leading to a decision to withdraw the appeal.

Resolution and Impact

The tribunal accepted Jain’s request to withdraw the appeal, marking the case as resolved under the Vivad Se Vishwas scheme. This decision underscores the scheme’s role in providing a pathway for taxpayers to settle disputes without prolonged litigation, emphasizing its importance as a tool for reducing pending cases and facilitating compliance.

Conclusion

The resolution of ITA No. 6156/DEL/2019 not only provided relief to Vibha Jain but also set a precedent for similar cases, highlighting the benefits of alternative dispute resolution mechanisms in tax law. This case serves as an example of the practical application of the Vivad Se Vishwas scheme in settling disputes efficiently.

Tax Settlement under Vivad Se Vishwas for Vibha Jain vs. ITO Ward-32(4) – ITA 6156/DEL/2019