This case summary pertains to an appeal filed by Vinod Kumar Jain against the Income Tax Officer, Ward 63(5), New Delhi, concerning the assessment year 2015-16. The appeal was adjudicated by the Delhi Bench ‘A’ of the Income Tax Appellate Tribunal (ITAT) through video conferencing, reflecting the procedural adaptations in judicial processes.
Vinod Kumar Jain appealed to the ITAT against the decision of the CIT(A)-20, New Delhi. The specifics of the disputes are rooted in the assessment year 2015-16, focusing on tax arrears that the appellant sought to contest.
On the scheduled date of the hearing, 25th March 2021, no representation was made on behalf of Vinod Kumar Jain, the appellant. Instead, a letter dated 15th March 2021 was submitted, indicating his intent to withdraw the appeal. The reason provided was his decision to opt for the ‘Vivad Se Vishwas Scheme, 2020’, a government initiative aimed at dispute resolution and reduction of pending litigation involving direct taxes.
The Tribunal noted the submission and the certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, which corroborated the appellant’s intent and eligibility under the scheme. The learned Senior Departmental Representative (Sr. DR) did not object to the withdrawal request.
Given the circumstances and the provisions of the Vivad Se Vishwas Scheme, the Tribunal accepted the withdrawal of the appeal. Consequently, the appeal was dismissed as withdrawn. This outcome underscores the effectiveness of alternative dispute resolution mechanisms in the judicial landscape, particularly in tax-related matters.
The case of Vinod Kumar Jain vs ITO Ward 63(5) serves as a pertinent example of how tax disputes can be settled amicably outside the conventional adversarial system, providing a swift resolution to potentially protracted litigation. It highlights the role of legislative tools like the Vivad Se Vishwas Scheme in fostering a cooperative approach to dispute resolution.
Vinod Kumar Jain vs ITO Ward 63(5), New Delhi: Tax Settlement Case Summary
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