The case ITA 896/DEL/2019 between Guru Kirpa Holding (P) Ltd., New Delhi, and the Deputy Commissioner of Income Tax, Central Circle-II, Faridabad, focused on the assessment year 2014-15, was held through video conferencing due to the ongoing pandemic restrictions. This hearing was particularly significant as it demonstrated the impact of the Vivad Se Vishwas Scheme introduced by the government to reduce litigation in direct tax disputes.
The appellant, Guru Kirpa Holding, faced various tax disputes for the assessment year 2014-15, which prompted the filing of this appeal. Initially challenging the order of the learned CIT(A)-3, Gurgaon dated December 7, 2018, the appeal was later withdrawn by the assessee after opting for the Vivad Se Vishwas Scheme, 2020.
The withdrawal under this scheme indicates a shift towards more amicable resolutions of tax disputes, allowing taxpayers to settle outstanding taxes without further legal proceedings. This case showcases the practical application of the scheme and its benefits in providing a faster resolution process, thereby reducing the backlog of cases and encouraging compliance.
The resolution of ITA 896/DEL/2019 underscores the effectiveness of alternative dispute resolution mechanisms in the Indian tax framework, highlighting the government’s efforts to streamline tax litigation and promote a more taxpayer-friendly environment. This case serves as a significant precedent for similar disputes, offering insights into the strategic decisions involved in opting for such schemes.
Withdrawal of Appeal Under Vivad Se Vishwas Scheme: A Review of ITA 896/DEL/2019
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