Date Filed: February 18, 2019
Assessment Year: 2015-16
Order Type: Final Tribunal Order
Date of Order: January 28, 2022
Pronounced On: January 28, 2022
This case involves an appeal by the Assistant Commissioner of Income Tax, Circle-4(2), New Delhi against Bharti Telemedia Ltd., challenging the order dated November 30, 2018, by the CIT(A)-2, New Delhi.
The appeal was originally filed by the Revenue challenging certain aspects of the income tax assessment for the year 2015-16. However, during the proceedings, it was revealed that Bharti Telemedia had opted to settle the dispute under the Direct Tax Vivad se Vishwas Act 2020, a scheme introduced by the government to resolve pending tax litigations.
The hearing took place on January 20, 2022. At the hearing, the representative of Bharti Telemedia Ltd. presented Forms 1, 2, and the acceptance in Form 3 from the designated authority, indicating that the company had chosen to settle the dispute under the Vivad se Vishwas scheme. Given this development, the tribunal acknowledged that the appeal had become infructuous.
The tribunal dismissed the Revenue’s appeal as infructuous, recognizing that the matter had been settled amicably under the Vivad se Vishwas scheme. This resolution allowed both parties to avoid prolonged litigation and resolved the dispute efficiently.
Vivad Se Vishwas Resolution: ITA 1350/DEL/2019 – ACIT vs. Bharti Telemedia Ltd., New Delhi
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